Do you support this bill?

Senate Bill S7875

2009-2010 Legislative Session

Requires the comptroller to transfer money into the environmental protection fund whenever such fund has insufficient money to meet its obligations

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

co-Sponsors

2009-S7875 (ACTIVE) - Details

See Assembly Version of this Bill:
A9835
Current Committee:
Senate Finance
Law Section:
State Finance Law
Laws Affected:
Amd ยง92-s, St Fin L
Versions Introduced in 2011-2012 Legislative Session:
A3219

2009-S7875 (ACTIVE) - Summary

Requires the comptroller to transfer money into the environmental protection fund whenever such fund has insufficient money to meet its obligations.

2009-S7875 (ACTIVE) - Sponsor Memo

2009-S7875 (ACTIVE) - Bill Text download pdf 

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

                                  7875

                            I N  S E N A T E

                              May 19, 2010
                               ___________

Introduced  by  Sen.  MARCELLINO  -- 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 the  environmental
  protection fund

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

  Section 1. Subdivision 9 of section 92-s of the state finance law,  as
amended  by  section  1  of part B of chapter 59 of the laws of 2008, is
amended to read as follows:
  9. Notwithstanding any other law to the  contrary  and  in  accordance
with  section four of this chapter, the comptroller is hereby authorized
at the direction of the director of the division of the budget to trans-
fer moneys from the general fund to the  environmental  protection  fund
for  the  purpose  of  maintaining  the  solvency  of  the environmental
protection fund. If, in any fiscal year,  moneys  in  the  environmental
protection  fund are deemed insufficient by the director of the division
of the budget [to meet actual and anticipated disbursements from enacted
appropriations or reappropriations made pursuant to this  section],  the
comptroller  shall  [at the direction of the director of the division of
the budget,] transfer SUFFICIENT MONEYS from the  general  fund  to  the
environmental  protection fund [moneys sufficient to meet such disburse-
ments]. Such transfers shall be made only upon certification  [of  need]
by  the  director  of  the  division  of the budget, with copies of such
certification filed with the chairperson of the senate  finance  commit-
tee,  the  chairperson  of the assembly ways and means committee and the
state comptroller. The aggregate  amount  of  all  transfers  shall  not
exceed four hundred forty-seven million one hundred seventy-one thousand
dollars.    FOR  THE PURPOSES OF THIS SUBDIVISION, THE TERM INSUFFICIENT
SHALL MEAN THAT THERE IS NOT AN ADEQUATE CASH  BALANCE  TO  FINANCE  ALL
CURRENT  FISCAL YEAR APPROPRIATIONS AND ANY OUTSTANDING PRIOR YEAR OBLI-
GATIONS.
  S 2. This act shall take effect April 1, 2012.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15430-01-0

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.