Senate Bill S5475

Vetoed By Governor
2021-2022 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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2021-S5475 (ACTIVE) - Details

See Assembly Version of this Bill:
A5472
Law Section:
State Finance Law
Laws Affected:
Amd §22-c, St Fin L
Versions Introduced in Other Legislative Sessions:
2015-2016: S5217, A7388
2017-2018: S1625, S7236, A967, A10631
2019-2020: S3548, A1155

2021-S5475 (ACTIVE) - Summary

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

2021-S5475 (ACTIVE) - Sponsor Memo

2021-S5475 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5475
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                               March 8, 2021
                                ___________
 
 Introduced by Sens. STAVISKY, ADDABBO -- read twice and ordered printed,
   and when printed to be committed to the Committee on Finance
 
 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 TWENTY-
 TWO AND EVERY FIFTH FISCAL YEAR THEREAFTER, THE GOVERNOR SHALL SUBMIT TO
 THE LEGISLATURE AS PART OF THE ANNUAL EXECUTIVE BUDGET, FIVE-YEAR  CAPI-
 TAL  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
 INFRASTRUCTURE  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 CRIT-
 ICAL MAINTENANCE 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 THE EFFECT OF INVESTING IN FACILITY IMPROVEMENTS.
 THE APPORTIONMENT  OF  CAPITAL  APPROPRIATIONS  TO  EACH  STATE-OPERATED
 CAMPUS OR SENIOR COLLEGE SHALL BE BASED ON A METHODOLOGY TO BE DEVELOPED
 BY THE DIRECTOR OF THE BUDGET, IN CONSULTATION WITH THE STATE UNIVERSITY
 OF NEW YORK AND CITY UNIVERSITY OF NEW YORK.
   § 2. This act shall take effect immediately.

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