Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 03, 2010 |
referred to ways and means delivered to assembly passed senate |
Mar 01, 2010 |
advanced to third reading |
Feb 24, 2010 |
2nd report cal. |
Feb 23, 2010 |
1st report cal.159 |
Jan 06, 2010 |
referred to finance |
Apr 27, 2009 |
referred to finance |
Senate Bill S4844
2009-2010 Legislative Session
Sponsored By
(D, IP) Senate District
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
Votes
2009-S4844 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A4355
- Current Committee:
- Assembly Ways And Means
- Law Section:
- State Finance Law
- Laws Affected:
- Amd §§179-m, 179-h & 139-g, St Fin L
2009-S4844 (ACTIVE) - Summary
Requires the division of the budget and state agencies of the executive branch to identify and remedy impediments to their prompt processing and payment of bills; directs the director of the budget to develop a plan to address the problem of late payment, and submit such plan to the governor, the temporary president of the senate and the speaker of the assembly by October 1, 2011.
2009-S4844 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4844 TITLE OF BILL : An act to amend the state finance law, in relation to reducing late payments to contractors PURPOSE OF BILL : To reduce late payments of moneys owed to contractors by state agencies by requiring the Division of the Budget to produce an action plan with agency reduction targets, requiring that interest on past due bills be paid from the agency's administrative budget rather than program appropriations, and labeling invoices of small business in order to expedite their processing. SUMMARY OF PROVISIONS : Section 1: States the legislative intent. Section 2: Adds a new subdivision four to § 179-m of the state finance law requiring the Division of the Budget to develop an action plan for reducing late payments to contractors. Section 3: Amends § 179-h of the state finance law to require that interest be paid from the agency's administrative appropriations. Section 4: Amends subdivision (d) of §139-g of the state finance law
2009-S4844 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4844 2009-2010 Regular Sessions I N S E N A T E April 27, 2009 ___________ Introduced by Sen. AUBERTINE -- 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 reducing late payments to contractors THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative intent. The legislature hereby finds and declares that interest penalties paid by the state for overdue bills have exceeded one million dollars each fiscal year since 1994-95, as shown by the annual reports issued by the comptroller pursuant to subdi- vision 3 of section 179-m of the state finance law. This inefficiency and tardiness in meeting the state's obligations is unacceptable. Late payments and the associated penalty interest represent a waste of taxpayers' money, a hardship for small businesses, and a disincentive for contractors to do state work. It is the intent of this legislation to require the division of the budget and the executive branch agencies of the state to identify and remedy impediments to their prompt process- ing and payment of the state's bills. S 2. Section 179-m of the state finance law is amended by adding a new subdivision 4 to read as follows: 4. THE DIRECTOR OF THE BUDGET SHALL DEVELOP AN ACTION PLAN FOR REDUC- ING LATE PAYMENTS BY EXECUTIVE BRANCH AGENCIES. THE PLAN SHALL SET REDUCTION TARGETS FOR INDIVIDUAL AGENCIES. SUCH PLAN SHALL BE SUBMITTED TO THE GOVERNOR, THE TEMPORARY PRESIDENT OF THE SENATE AND THE SPEAKER OF THE ASSEMBLY NO LATER THAN OCTOBER FIRST, TWO THOUSAND ELEVEN. S 3. Section 179-h of the state finance law, as amended by chapter 153 of the laws of 1984, is amended to read as follows: S 179-h. Determination of appropriations against which interest payments are to be charged. Except in situations when federal law or the provisions of section one hundred seventy-nine-o of this article require otherwise, an interest payment required by this article shall be paid EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01619-01-9
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