senate Bill S4934

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 Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 21, 2012 recommitted to rules
ordered to third reading cal.1459
committee discharged and committed to rules
Jan 04, 2012 referred to finance
May 02, 2011 referred to finance

Votes

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Jun 21, 2012 - Rules committee Vote

S4934
25
0
committee
25
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
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Co-Sponsors

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S4934 - Bill Details

See Assembly Version of this Bill:
A7478
Current Committee:
Senate Rules
Law Section:
State Finance Law
Laws Affected:
Amd ยง99-f, St Fin L

S4934 - Bill Texts

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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.

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BILL NUMBER:S4934

TITLE OF BILL:
An act
to amend the state finance law, in relation to the monies of the spinal
cord injury research trust fund

PURPOSE OR GENERAL IDEA OF BILL:
To establish a minimum annual level of funding for the Spinal Cord
Injury Research Trust Fund.

SUMMARY OF SPECIFIC PROVISIONS:
Section 1: Amends subdivision 2 of section 99-f of the state finance
law, as amended by chapter 612 of the laws of 1999, to require that
five and six-tenths percent (5.6%) of the revenue New York State
collects from the mandatory surcharges imposed on motor vehicle
violations pursuant to subdivision one of section eighteen hundred
nine of the vehicle and traffic law be allocated to the Spinal Cord
Injury Research Trust Fund.

Section 2: Effective Date

JUSTIFICATION:
Chapter 338 of the laws of 1998 created the Spinal Cord Injury
Research Trust Fund with the intent that up to $8.5 million per year
would be allocated to it out of the mandatory surcharge imposed by
the state on motor vehicle moving violations. The Spinal Cord Injury
Research Board would then distribute grants to worthwhile research
projects related to spinal cord injuries. However, in recent years
it has been funded at minimum with no money allocated for new grants.
This legislation would establish a minimum annual level of funding for
the Spinal Cord Injury Research Trust Fund.

PRIOR LEGISLATIVE HISTORY:
New Bill.

FISCAL IMPLICATIONS:
Cost to State: 5.6% of the revenue collected from mandatory
surcharges on motor vehicle moving violations up to $8.5 million
annually for the Spinal Cord Research Trust Fund.

EFFECTIVE DATE:
Immediately.

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

                                  4934

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                               May 2, 2011
                               ___________

Introduced  by  Sen. BONACIC -- 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 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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