S T A T E O F N E W Y O R K
________________________________________________________________________
S. 8422 A. 11604
S E N A T E - A S S E M B L Y
June 30, 2010
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IN SENATE -- Introduced by COMMITTEE ON RULES -- read twice and ordered
printed, and when printed to be committed to the Committee on Finance
IN ASSEMBLY -- Introduced by COMMITTEE ON RULES -- read once and
referred to the Committee on Ways and Means
AN ACT to amend part JJ of chapter 56 of the laws of 2010 relating to
authorizing certain payments and transfers, in relation to extending
the period of time in which such payments and transfers shall be made
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Part JJ of chapter 56 of the laws of 2010 relating to
authorizing certain payments and transfers is amended by adding a new
section 4-a to read as follows:
S 4-A. NOTWITHSTANDING ANY LAW TO THE CONTRARY, THE STATE UNIVERSITY
CHANCELLOR OR HIS DESIGNEE IS AUTHORIZED AND DIRECTED TO TRANSFER ESTI-
MATED TUITION REVENUE BALANCES FROM THE STATE UNIVERSITY COLLECTION FUND
(344) TO THE STATE UNIVERSITY FUND (345), STATE UNIVERSITY REVENUE
OFFSET ACCOUNT (12) ON OR BEFORE MARCH 31, 2011.
S 2. Part JJ of chapter 56 of the laws of 2010 relating to authorizing
certain payments and transfers is amended by adding a new section 4-b to
read as follows:
S 4-B. NOTWITHSTANDING ANY LAW TO THE CONTRARY, AND IN ACCORDANCE WITH
SECTION 4 OF THE STATE FINANCE LAW, THE COMPTROLLER IS HEREBY AUTHORIZED
AND DIRECTED TO TRANSFER, UPON REQUEST OF THE STATE UNIVERSITY CHANCEL-
LOR OR HIS DESIGNEE, UP TO $40,000,000 FROM THE STATE UNIVERSITY INCOME
FUND (345), STATE UNIVERSITY HOSPITALS INCOME REIMBURSABLE ACCOUNT (22)
UNDER HOSPITAL INCOME REIMBURSABLE FOR SERVICES AND EXPENSES OF HOSPITAL
OPERATIONS AND CAPITAL EXPENDITURES AT THE STATE UNIVERSITY HOSPITALS,
AND THE STATE UNIVERSITY INCOME FUND (345) LONG ISLAND VETERANS' HOME
ACCOUNT (09) TO THE STATE UNIVERSITY CAPITAL PROJECTS FUND (384) ON OR
BEFORE JUNE 30, 2011.
S 3. Part JJ of chapter 56 of the laws of 2010 relating to authorizing
certain payments and transfers is amended by adding a new section 4-c to
read as follows:
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD17967-02-0
S. 8422 2 A. 11604
S 4-C. NOTWITHSTANDING ANY LAW TO THE CONTRARY, AND IN ACCORDANCE WITH
SECTION 4 OF THE STATE FINANCE LAW, THE COMPTROLLER, AFTER CONSULTATION
WITH THE STATE UNIVERSITY CHANCELLOR OR HIS OR HER DESIGNEE, IS HEREBY
AUTHORIZED AND DIRECTED TO TRANSFER MONEYS, IN THE FIRST INSTANCE, FROM
THE STATE UNIVERSITY COLLECTION FUND (344), STONY BROOK HOSPITAL
COLLECTION ACCOUNT (07), BROOKLYN HOSPITAL COLLECTION ACCOUNT (08), AND
SYRACUSE HOSPITAL COLLECTION ACCOUNT (09) TO THE STATE UNIVERSITY INCOME
FUND (345), STATE UNIVERSITY HOSPITALS INCOME REIMBURSABLE ACCOUNT (22)
IN THE EVENT INSUFFICIENT FUNDS ARE AVAILABLE IN THE STATE UNIVERSITY
INCOME FUND (345), STATE UNIVERSITY HOSPITALS INCOME REIMBURSABLE
ACCOUNT (22) TO TRANSFER MONEYS, IN AMOUNTS SUFFICIENT TO PERMIT THE
FULL TRANSFER OF MONEYS AUTHORIZED FOR TRANSFER, TO THE GENERAL DEBT
SERVICE FUND (311) FOR PAYMENT OF DEBT SERVICE RELATED TO THE SUNY
HOSPITALS. NOTWITHSTANDING ANY LAW TO THE CONTRARY, THE COMPTROLLER IS
ALSO HEREBY AUTHORIZED AND DIRECTED, AFTER CONSULTATION WITH THE STATE
UNIVERSITY CHANCELLOR OR HIS OR HER DESIGNEE, TO TRANSFER MONEYS FROM
THE STATE UNIVERSITY INCOME FUND (345) TO THE STATE UNIVERSITY INCOME
FUND (345), STATE UNIVERSITY HOSPITALS INCOME REIMBURSABLE ACCOUNT (22)
IN THE EVENT INSUFFICIENT FUNDS ARE AVAILABLE IN THE STATE UNIVERSITY
INCOME FUND (345), STATE UNIVERSITY HOSPITALS INCOME REIMBURSABLE
ACCOUNT (22) TO PAY HOSPITAL OPERATING COSTS OR TO TRANSFER MONEYS, IN
AMOUNTS SUFFICIENT TO PERMIT THE FULL TRANSFER OF MONEYS AUTHORIZED FOR
TRANSFER, TO THE GENERAL DEBT SERVICE FUND (311) FOR PAYMENT OF DEBT
SERVICE RELATED TO THE SUNY HOSPITALS ON OR BEFORE MARCH 31, 2011.
S 4. This act shall take effect immediately.