Senate Bill S5217

Vetoed By Governor
2015-2016 Legislative Session

Relates to five-year capital plans for the state university of New York and the city university of New York

download bill text pdf

Sponsored By

Archive: Last Bill Status - Vetoed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2015-S5217 (ACTIVE) - Details

See Assembly Version of this Bill:
A7388
Law Section:
State Finance Law
Laws Affected:
Amd ยง22-c, St Fin L
Versions Introduced in Other Legislative Sessions:
2017-2018: S1625, S7236, A967, A10631
2019-2020: S3548, A1155
2021-2022: S5475, A5472

2015-S5217 (ACTIVE) - Summary

Relates to five-year capital plans for the state university of New York and the city university of New York.

2015-S5217 (ACTIVE) - Sponsor Memo

2015-S5217 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

    S. 5217                                                  A. 7388

                       2015-2016 Regular Sessions

                      S E N A T E - A S S E M B L Y

                               May 7, 2015
                               ___________

IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print-
  ed, and when printed to be committed to the Committee on Finance

IN ASSEMBLY -- Introduced by M. of A. GLICK -- read once and referred to
  the Committee on Higher Education

AN  ACT to amend the state finance law, in relation to five-year capital
  plans for the state university of New York and the city university  of
  New York

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 22-c of the state finance law is amended by  adding
a new subdivision 7 to read as follows:
  7.  FOR THE FISCAL YEAR BEGINNING ON APRIL FIRST, TWO THOUSAND SIXTEEN
AND EVERY FIFTH FISCAL YEAR THEREAFTER, THE GOVERNOR SHALL SUBMIT TO THE
LEGISLATURE AS PART OF THE ANNUAL EXECUTIVE  BUDGET,  FIVE-YEAR  CAPITAL
PLANS  FOR  THE STATE UNIVERSITY OF NEW YORK STATE-OPERATED CAMPUSES AND
CITY UNIVERSITY OF NEW YORK SENIOR COLLEGES.  SUCH PLANS  SHALL  PROVIDE
FOR  THE  ANNUAL  APPROPRIATION  OF  CAPITAL  FUNDS TO COVER ONE HUNDRED
PERCENT OF THE ANNUAL CRITICAL  MAINTENANCE  NEEDS  IDENTIFIED  BY  EACH
UNIVERSITY SYSTEM, AND MAY INCLUDE FUNDS FOR NEW INFRASTRUCTURE OR OTHER
MAJOR  CAPITAL  INITIATIVES,  PROVIDED THAT SUCH FUNDING FOR NEW INFRAS-
TRUCTURE OR OTHER MAJOR CAPITAL  INITIATIVES  SHALL  NOT  COUNT  TOWARDS
MEETING THE OVERALL CRITICAL MAINTENANCE REQUIREMENT.  IN THE EVENT THAT
SUCH  PLAN IS UNABLE TO FUND ONE HUNDRED PERCENT OF THE CRITICAL MAINTE-
NANCE NEEDS DUE TO THE LIMITATION IMPOSED  BY  ARTICLE  FIVE-B  OF  THIS
CHAPTER,  THE  DIRECTOR  OF  THE  BUDGET SHALL DEVELOP FIVE-YEAR CAPITAL
PLANS WHEREBY THE IMPLEMENTATION OF EACH  CAPITAL  PLAN  WOULD  ANNUALLY
REDUCE  THE  OVERALL  FACILITY CONDITION INDEX (FCI) FOR EACH UNIVERSITY
SYSTEM. FOR THE PURPOSES OF THIS SUBDIVISION, "FACILITY CONDITION INDEX"
SHALL MEAN AN INDUSTRY BENCHMARK THAT MEASURES  THE  RATIO  OF  DEFERRED
MAINTENANCE DOLLARS TO REPLACEMENT DOLLARS FOR THE PURPOSES OF ANALYZING

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10533-01-5
              

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