Senate Bill S1892

2011-2012 Legislative Session

Places limitations on the amount of money that the governor may propose to spend in a given fiscal year; repealer

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Sponsored By

Archive: Last Bill Status - In Senate Committee Judiciary 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

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2011-S1892 (ACTIVE) - Details

See Assembly Version of this Bill:
A4976
Current Committee:
Senate Judiciary
Law Section:
Constitution, Concurrent Resolutions to Amend
Laws Affected:
Add Art 7 §7-a, rpld & add §17, Constn

2011-S1892 (ACTIVE) - Summary

Places limitations on the amount of money that the governor may propose to spend in a given fiscal year.

2011-S1892 (ACTIVE) - Sponsor Memo

2011-S1892 (ACTIVE) - Bill Text download pdf

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

                                  1892

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 14, 2011
                               ___________

Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
  when printed to be committed to the Committee on Finance

            CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY

proposing an amendment to article 7 of the constitution, in relation  to
  limiting  the  growth  on  New York state disbursements and creating a
  revenue stabilization tax reduction and debt repayment fund; repealing
  section 17 of article 7 of the constitution  relating  to  authorizing
  the  establishment of a fund to aid in the stabilization of tax reven-
  ues

  Section 1. Resolved (if the Assembly concur), That article  7  of  the
constitution be amended by adding a new section 7-a to read as follows:
  S  7-A.  1. EXCEPT IN THE CASE OF AN EMERGENCY, THE GOVERNOR SHALL NOT
SUBMIT ANY APPROPRIATION BILL OR BILLS, NOR SHALL  THE  LEGISLATURE  ACT
UPON  ANY  SUCH APPROPRIATION BILL OR SUPPLEMENTAL APPROPRIATION BILL OR
BILLS FOR THE SUPPORT OF GOVERNMENT WHICH AUTHORIZE AN INCREASE IN TOTAL
STATE SPENDING OVER THE PRECEDING STATE FISCAL YEAR WHICH IS  IN  EXCESS
OF THE PRODUCT OF THE TOTAL STATE SPENDING FOR THE PRECEDING FISCAL YEAR
AND  THE  LESSER  OF ONE HUNDRED TWENTY PERCENT OF THE INFLATION RATE OR
TWO PERCENT.
  2. UPON A FINDING AND DECLARATION OF AN EMERGENCY BY THE GOVERNOR WITH
CONCURRENCE OF THE COMPTROLLER, THE GOVERNOR MAY SUBMIT AN APPROPRIATION
BILL OR BILLS WHICH AUTHORIZE TOTAL STATE  SPENDING  IN  EXCESS  OF  THE
LIMITATION PROVIDED IN SUBDIVISION ONE OF THIS SECTION.
  3. FOR PURPOSES OF THIS SECTION:
  A.  "TOTAL  STATE  SPENDING"  SHALL  MEAN ALL STATE FUNDS, WHICH SHALL
CONSTITUTE: (I) GENERAL FUNDS; (II) SPECIAL REVENUE FUNDS; (III) CAPITAL
PROJECT FUNDS; (IV) DEBT SERVICE FUNDS.
  B. "INFLATION RATE" SHALL MEAN THE ANNUAL  PERCENTAGE  CHANGE  IN  THE
CONSUMER  PRICE  INDEX,  ALL  URBAN, AS PUBLISHED BY THE BUREAU OF LABOR
STATISTICS, OR ANY SUCCESSOR AGENCY, FOR THE PREVIOUS TWELVE MONTH PERI-
OD ENDING OCTOBER THIRTY-FIRST.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
S                                                          LBD89094-02-1
              

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