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Assembly Bill A6876

2009-2010 Legislative Session

Relates to payments from the department of health New York city veterans home income fund

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Archive: Last Bill Status - In Senate Committee Health Committee

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2009-A6876 (ACTIVE) - Details

Current Committee:
Senate Health
Law Section:
Public Health Law
Laws Affected:
Amd ยง409-a, Pub Health L
Versions Introduced in 2011-2012 Legislative Session:
A3825

2009-A6876 (ACTIVE) - Summary

Relates to payments from the department of health New York city veterans home income fund.

2009-A6876 (ACTIVE) - Bill Text download pdf 

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

                                  6876

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 13, 2009
                               ___________

Introduced  by M. of A. FARRELL -- read once and referred to the Commit-
  tee on Ways and Means

AN ACT to amend the public health law, in relation to payments from  the
  department of health New York city veterans home income fund

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 2 of section 409-a of the public health law  is
amended by adding a new paragraph (e) to read as follows:
  (E)  PRIOR  TO  MAKING  ANY TRANSFER PURSUANT TO PARAGRAPH (D) OF THIS
SUBDIVISION AND NOTWITHSTANDING PARAGRAPH (D) OF THIS  SUBDIVISION,  THE
COMPTROLLER,  FROM  ALL  MONEYS  IN  THE FUND IN EXCESS OF THE AGGREGATE
AMOUNT OF MONEY REQUIRED TO BE MAINTAINED IN THE  DEPARTMENT  OF  HEALTH
NEW  YORK  CITY  VETERANS  HOME INCOME FUND PURSUANT TO PARAGRAPH (C) OF
THIS SUBDIVISION, SHALL PAY OVER AND DEPOSIT IN, AND SHALL  MAINTAIN  ON
DEPOSIT IN, THE DEPARTMENT OF HEALTH INCOME FUND ESTABLISHED PURSUANT TO
SECTION  FOUR  HUNDRED NINE OF THIS TITLE, THE AGGREGATE AMOUNT OF MONEY
NEEDED BY THE DEPARTMENT DURING THE NEXT SUCCEEDING SIX CALENDAR  MONTHS
TO  COMPLY  IN  FULL WITH ALL OBLIGATIONS OF THE DEPARTMENT ALLOCABLE TO
THE NEW YORK STATE HOME FOR VETERANS IN THE CITY OF NEW YORK  UNDER  THE
TERMS  OF  EVERY LEASE, SUBLEASE OR AGREEMENT OF THE DEPARTMENT WITH THE
DORMITORY AUTHORITY WHICH (I) IS THEN IN EFFECT, INCLUDING WITHOUT LIMI-
TATION BY THE SPECIFICATION THEREOF,  (A)  THE  AMOUNT  NEEDED  TO  MAKE
RENTAL  PAYMENTS  THEREUNDER  DURING SUCH SEMIANNUAL PERIOD, AND (B) THE
AMOUNT NEEDED TO ESTABLISH AND MAINTAIN RESERVES THEREUNDER DURING  SUCH
PERIOD,  AND  (II)  IS  SECURED  UNDER SUBDIVISION THREE OF SECTION FOUR
HUNDRED NINE OF THIS TITLE.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10309-01-9

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