Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 17, 2014 |
held for consideration in ways and means |
Jan 08, 2014 |
referred to ways and means |
Feb 06, 2013 |
referred to ways and means |
Assembly Bill A4580
2013-2014 Legislative Session
Sponsored By
MCLAUGHLIN
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Vivian Cook
James Tedisco
Edward Ra
Michael J. Fitzpatrick
multi-Sponsors
Carmen E. Arroyo
William A. Barclay
Kenneth Blankenbush
Joseph Borelli
2013-A4580 (ACTIVE) - Details
2013-A4580 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4580 2013-2014 Regular Sessions I N A S S E M B L Y February 6, 2013 ___________ Introduced by M. of A. McLAUGHLIN, COOK, TEDISCO, RA, REILICH, FITZPA- TRICK -- Multi-Sponsored by -- M. of A. ARROYO, BARCLAY, BLANKENBUSH, BORELLI, CERETTO, CORWIN, CURRAN, FINCH, GARBARINO, GRAF, HAWLEY, LALOR, LOSQUADRO, MONTESANO, PALMESANO, RAIA, WALTER -- read once and referred to the Committee on Ways and Means AN ACT to amend the state finance law, in relation to capping state spending THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The state finance law is amended by adding a new section 28 to read as follows: S 28. ESTABLISHMENT OF ANNUAL SPENDING CAP. 1. NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, THERE IS HEREBY ESTABLISHED A STATE OPERATING FUNDS STATE SPENDING CAP. COMMENCING THE FIRST STATE FISCAL YEAR AFTER THIS SECTION SHALL HAVE BECOME A LAW STATE OPERATING FUNDS SPENDING SHALL BE CAPPED AT THE RATE OF INFLATION, AS AVERAGED OVER THE PRIOR THREE YEARS. 2. THE GOVERNOR SHALL NOT SUBMIT, AND THE LEGISLATURE SHALL NOT ACT UPON, A BUDGET THAT CONTAINS ANY INCREASE NOT IN ACCORDANCE WITH THE PROVISIONS OF SUBDIVISION ONE OF THIS SECTION. 3. THE GOVERNOR SHALL CERTIFY IN WRITING THAT STATE OPERATING FUNDS SPENDING IN THE EXECUTIVE BUDGET DOES NOT EXCEED THE PROVISIONS OF SUBDIVISION ONE OF THIS SECTION. 4. THE COMPTROLLER SHALL PROVIDE, WITHIN FIVE DAYS OF ACTION BY THE LEGISLATURE UPON THE BUDGET, A DETERMINATION AS TO WHETHER THE STATE OPERATING FUNDS SPENDING AS SET FORTH IN THE STATE BUDGET AS ENACTED EXCEEDS THE SPENDING CAP. 5. IF THE COMPTROLLER FINDS THAT STATE OPERATING FUNDS SPENDING AS SET FORTH IN THE STATE BUDGET AS ENACTED EXCEEDS THE SPENDING CAP, THE LEGISLATURE SHALL TAKE CORRECTIVE ACTION TO ENSURE THAT FUNDING IS LIMITED TO THE AMOUNT OF THE SPENDING CAP. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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