|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 19, 2012||referred to finance|
senate Bill S6275
Archive: Last Bill Status - In Senate Committee Finance Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S6275 (ACTIVE) - Details
S6275 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6275 TITLE OF BILL: An act to amend the executive law, in relation to a prohibition on diversion of resources from dedicated funds derived from taxes and fees that support the Niagara frontier transportation authority and its subsidiaries in certain instances PURPOSE: To prohibit the diversion of funds dedicated for the NFTA. SUMMARY OF SPECIFIC PROVISIONS: Adds a new section 183 to the executive law prohibiting the diversion of funds dedicated to the Niagara Frontier transportation Authority and its subsidiaries to the general fund. Establishes procedures and action on requests for diversions of funds during certain periods and circumstances. JUSTIFICATION: The NFTA's budget deficit is caused by' converging fiscal constraints, outside of the Authority's control. The state's economic climate has significantly decreased the NFTA's annual state
S6275 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6275 I N S E N A T E January 19, 2012 ___________ Introduced by Sens. GRISANTI, MAZIARZ, RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the executive law, in relation to a prohibition on diversion of resources from dedicated funds derived from taxes and fees that support the Niagara frontier transportation authority and its subsidiaries in certain instances THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The executive law is amended by adding a new section 183 to read as follows: S 183. DIVERSION OF FUNDS DEDICATED TO THE NIAGARA FRONTIER TRANSPOR- TATION AUTHORITY AND ITS SUBSIDIARIES TO THE GENERAL FUND OF THE STATE IS PROHIBITED. 1. THE DIRECTOR SHALL BE PROHIBITED FROM DIVERTING REVEN- UES DERIVED FROM TAXES AND FEES PAID BY THE PUBLIC INTO ANY FUND CREATED BY LAW INCLUDING, BUT NOT LIMITED, TO SECTION NINETY-NINE-H OF THE STATE FINANCE LAW, AS AMENDED BY CHAPTER SEVEN HUNDRED FORTY-SEVEN OF THE LAWS OF TWO THOUSAND SIX, FOR THE PURPOSE OF FUNDING THE NIAGARA FRONTIER TRANSPORTATION AUTHORITY AND ANY OF ITS SUBSIDIARIES INTO THE GENERAL FUND OF THE STATE OR INTO ANY OTHER FUND MAINTAINED FOR THE SUPPORT OF ANOTHER GOVERNMENTAL PURPOSE. NO DIVERSION OF FUNDS CAN OCCUR CONTRARY TO THIS SECTION BY AN ADMINISTRATIVE ACT OF THE DIRECTOR OR ANY OTHER PERSON IN THE EXECUTIVE BRANCH BUT CAN OCCUR ONLY UPON A STATUTE ENACTED INTO LAW AUTHORIZING A DIVERSION THAT WOULD OTHERWISE BE PROHIBITED BY THIS SECTION. 2. IF ANY DIVERSION OF FUNDS OCCURS BY PASSAGE OF LEGISLATION DURING A REGULAR OR EXTRAORDINARY SESSION OF THE LEGISLATURE, THE BUDGET OR LEGISLATION DIVERTING FUNDS SHALL INCLUDE A DIVERSION IMPACT STATEMENT WHICH INCLUDES THE FOLLOWING INFORMATION: (A) THE AMOUNT OF THE DIVERSION FROM DEDICATED FUNDS; (B) THE AMOUNT DIVERTED FROM EACH FUND; (C) THE AMOUNT DIVERTED EXPRESSED AS CURRENT MONTHLY FARES; (D) THE CUMULATIVE AMOUNT OF DIVERSION FROM DEDICATED FUNDS DURING THE PRECEDING FIVE YEARS; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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