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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 Senate Committee Rules Committee

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2011-S4934 (ACTIVE) - 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
Versions Introduced in Other Legislative Sessions:
2013-2014: S1883, A1147
2015-2016: S1632, A822
2017-2018: S1028, A1079
2019-2020: A536
2021-2022: A773

2011-S4934 (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-S4934 (ACTIVE) - Sponsor Memo

2011-S4934 (ACTIVE) - Bill Text download pdf 

                            
                    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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