Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 15, 2022 |
reported and committed to finance |
Jan 07, 2022 |
referred to higher education |
Senate Bill S7684
2021-2022 Legislative Session
Sponsored By
(D, WF) 48th Senate District
Archive: Last Bill Status - In Senate Committee Finance 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
Votes
co-Sponsors
(D) Senate District
(D) 50th Senate District
(D) 20th Senate District
2021-S7684 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9084
- Current Committee:
- Senate Finance
- Law Section:
- Education Law
- Laws Affected:
- Amd §355, Ed L
- Versions Introduced in 2023-2024 Legislative Session:
-
S6736, A1404
2021-S7684 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7684 SPONSOR: MAY TITLE OF BILL: An act to amend the education law, in relation to funds concerning state university health care facilities PURPOSE: To provide debt service relief for SUNY's teaching hospitals SUMMARY OF PROVISIONS: Section 1 prohibits the transfer of funds from the State University New York to the general fund or any other fund within in the auspices of the state comptroller for the purposes of prepayment or repayment of debt service costs related to a State university health care facility. Section 2: effective date.
2021-S7684 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7684 I N S E N A T E January 7, 2022 ___________ Introduced by Sen. MAY -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education AN ACT to amend the education law, in relation to funds concerning state university health care facilities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 8-a of section 355 of the education law, as amended by section 8 of part Q of chapter 56 of the laws of 2013, is amended to read as follows: 8-a. All monies received by state university health care facilities from fees, charges, and reimbursement and from all other sources shall be credited to a state university health care account in a fund to be designated by the state comptroller. Notwithstanding the provision of any law, rule or regulation to the contrary, a portion of such monies credited may be transferred to a state university account as requested by the state university chancellor or his or her designee. Monies to establish reserves for long-term expenses of state university health care facilities and to fulfill obligations required for any contract for health care services authorized pursuant to subdivision sixteen of this section may be designated by the state university as a reserve and transferred to a separate contractual reserve account. The amounts in such accounts shall be available for use in accordance with paragraph b of subdivision four and subdivision eight of this section. Monies shall only be expended from the state university health care account and the contractual reserve account pursuant to appropriation. Notwithstanding any provision of this chapter, the state finance law or any other law to the contrary, such appropriations shall remain in full force and effect for two years from the effective date of the appropriation act making the appropriation. Monies so transferred may be returned to the state university health care account; provided, however, that funds in such contractual reserve account must be sufficient to meet the obligations of all such contracts. NOTWITHSTANDING ANY OTHER LAW, RULE, OR REGU- LATION TO THE CONTRARY, NO STATE AGENCY OR STATE OFFICIAL OR EMPLOYEE ACTING IN THEIR OFFICIAL CAPACITY, MAY TRANSFER, LOAN, OR OTHERWISE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.