Assembly Bill A7012

2025-2026 Legislative Session

Expands who the director of budget shall report to in regard to the healthcare stability fund

download bill text pdf

Sponsored By

Current 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

2025-A7012 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Amd §99-rr, St Fin L

2025-A7012 (ACTIVE) - Summary

Expands who the director of budget shall report to in regard to the healthcare stability fund; expands the criteria of reporting requirements.

2025-A7012 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7012
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 18, 2025
                                ___________
 
 Introduced  by  M.  of  A.  RA,  JENSEN -- read once and referred to the
   Committee on Ways and Means
 
 AN ACT to amend the state finance law, in relation  to  requiring  addi-
   tional  reporting  requirements on expenditures related to the health-
   care stability fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 6 of section 99-rr of the state finance law, as
 added  by  section  2  of  part II of chapter 57 of the laws of 2024, is
 amended to read as follows:
   6. (A) The director of the budget shall provide quarterly  reports  to
 the  speaker of the assembly, the temporary president of the senate, the
 chair of the senate finance committee [and], the chair of  the  assembly
 ways  and  means  committee,  THE  MINORITY  LEADER OF THE ASSEMBLY, THE
 MINORITY LEADER OF THE SENATE, THE RANKING MEMBER OF THE  ASSEMBLY  WAYS
 AND MEANS COMMITTEE AND THE RANKING MEMBER OF THE SENATE FINANCE COMMIT-
 TEE  on the receipts and distributions of the healthcare stability fund,
 including:
   (I) an itemization of such receipts and disbursements[,];
   (II) the historical and projected expenditures[, and];
   (III) the projected fund balance[.]; AND
   (IV) THE AWARD OF ANY GRANTS FROM THE HEALTHCARE  STABILITY  FUND  NOT
 INCLUDING ANY ACROSS-THE-BOARD RATE INCREASES, INCLUDING, BUT NOT LIMIT-
 ED TO, THE FOLLOWING INFORMATION:
   (1) THE NAME OF THE RECIPIENT;
   (2) THE AMOUNT OF THE AWARD; AND
   (3) THE DATE OF THE AWARD.
   (B)  SUCH  QUARTERLY  REPORTS  SHALL BE PUBLISHED ON THE DEPARTMENT OF
 HEALTH'S WEBSITE WITHIN THIRTY DAYS OF THE END OF EACH QUARTER.
   § 2. This act shall take effect immediately.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10227-02-5

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.