S T A T E O F N E W Y O R K
________________________________________________________________________
10415
I N A S S E M B L Y
March 25, 2010
___________
Introduced by M. of A. BUTLER, P. LOPEZ, CALHOUN, JORDAN, TOWNSEND,
FINCH -- Multi-Sponsored by -- M. of A. BARCLAY, CROUCH, FIELDS,
HAWLEY, MOLINARO, MURRAY, SKARTADOS, TEDISCO -- read once and referred
to the Committee on Ways and Means
AN ACT directing the transfer of certain unspent funds into the property
tax circuit breaker reserve fund
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. At the close of the state fiscal year any unspent, uncom-
mitted discretionary funds allocated to a member of the legislature,
shall be transferred to the property tax circuit breaker reserve fund
established by section 92-gg of the state finance law, as added by
section 3 of part Q of a chapter of the laws of 2010 amending the tax
law and the state finance law relating to establishing a property tax
circuit breaker reserve fund, as proposed in legislative bill numbers
S.6610-A and A.9710-A.
S 2. This act shall take effect on the same day and in the same manner
as section 3 of part Q of a chapter of the laws of 2010 amending the tax
law and the state finance law relating to establishing a property tax
circuit breaker reserve fund, as proposed in legislative bill numbers
S.6610-A and A.9710-A, takes effect.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD16228-02-0