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Assembly Bill A7478

2011-2012 Legislative Session

Relates to the monies of the spinal cord injury research trust fund

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Archive: Last Bill Status - In Assembly Committee

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2011-A7478 (ACTIVE) - Details

See Senate Version of this Bill:
S4934
Current Committee:
Assembly Rules
Law Section:
State Finance Law
Laws Affected:
Amd ยง99-f, St Fin L
Versions Introduced in Other Legislative Sessions:
2013-2014: A1147, S1883
2015-2016: A822, S1632
2017-2018: A1079, S1028
2019-2020: A536
2021-2022: A773

2011-A7478 (ACTIVE) - Summary

Relates to the monies of the spinal cord injury research trust fund; provides that 5.6 % of monies collected by the mandatory surcharge imposed pursuant to subdivision 1 of section 1809 of the vehicle and traffic law shall be deposited in the trust fund.

2011-A7478 (ACTIVE) - Bill Text download pdf 

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

                                  7478

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               May 6, 2011
                               ___________

Introduced by M. of A. CAHILL -- read once and referred to the Committee
  on Ways and Means

AN  ACT to amend the state finance law, in relation to the monies of the
  spinal cord injury research trust 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 99-f of the state finance law, as
amended by chapter 612 of the laws  of  1999,  is  amended  to  read  as
follows:
  2.  The fund shall consist of all monies appropriated for its purpose,
all monies required by this section or any other provision of law to  be
paid  into  or credited to such fund, and FIVE AND SIX-TENTHS PER CENTUM
OF monies COLLECTED BY THE  MANDATORY  SURCHARGES  IMPOSED  PURSUANT  TO
SUBDIVISION  ONE  OF  SECTION  EIGHTEEN  HUNDRED NINE OF THE VEHICLE AND
TRAFFIC LAW in an amount not to exceed eight million five hundred  thou-
sand  dollars [collected by the mandatory surcharges imposed pursuant to
subdivision one of section eighteen hundred  nine  of  the  vehicle  and
traffic  law].  Nothing contained herein shall prevent the department of
health from receiving grants, gifts or bequests for the purposes of  the
fund  as  defined  in  this  section  and  depositing them into the fund
according to law.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11185-01-1

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