Assembly Bill A4580

2013-2014 Legislative Session

Relates to establishing a state operating funds spending cap

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-A4580 (ACTIVE) - Details

See Senate Version of this Bill:
S6427
Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Add §28, St Fin L
Versions Introduced in Other Legislative Sessions:
2015-2016: A4823
2017-2018: A1833

2013-A4580 (ACTIVE) - Summary

Relates to establishing a state operating funds spending cap.

2013-A4580 (ACTIVE) - Bill Text download pdf 

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

                                  4580

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 6, 2013
                               ___________

Introduced  by  M. of A. McLAUGHLIN, COOK, TEDISCO, RA, REILICH, FITZPA-
  TRICK -- Multi-Sponsored by -- M. of A. ARROYO, BARCLAY,  BLANKENBUSH,
  BORELLI,  CERETTO,  CORWIN,  CURRAN,  FINCH,  GARBARINO, GRAF, HAWLEY,
  LALOR, LOSQUADRO, MONTESANO, PALMESANO, RAIA, WALTER -- read once  and
  referred to the Committee on Ways and Means

AN  ACT  to  amend  the  state finance law, in relation to capping state
  spending

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

  Section 1. The state finance law is amended by adding a new section 28
to read as follows:
  S  28.  ESTABLISHMENT  OF  ANNUAL SPENDING CAP. 1. NOTWITHSTANDING ANY
OTHER PROVISION OF LAW TO THE CONTRARY, THERE IS  HEREBY  ESTABLISHED  A
STATE  OPERATING  FUNDS  STATE  SPENDING CAP. COMMENCING THE FIRST STATE
FISCAL YEAR AFTER THIS SECTION SHALL HAVE BECOME A LAW  STATE  OPERATING
FUNDS  SPENDING  SHALL  BE  CAPPED AT THE RATE OF INFLATION, AS AVERAGED
OVER THE PRIOR THREE YEARS.
  2. THE GOVERNOR SHALL NOT SUBMIT, AND THE LEGISLATURE  SHALL  NOT  ACT
UPON,  A  BUDGET  THAT  CONTAINS ANY INCREASE NOT IN ACCORDANCE WITH THE
PROVISIONS OF SUBDIVISION ONE OF THIS SECTION.
  3. THE GOVERNOR SHALL CERTIFY IN WRITING THAT  STATE  OPERATING  FUNDS
SPENDING  IN  THE  EXECUTIVE  BUDGET  DOES  NOT EXCEED THE PROVISIONS OF
SUBDIVISION ONE OF THIS SECTION.
  4. THE COMPTROLLER SHALL PROVIDE, WITHIN FIVE DAYS OF  ACTION  BY  THE
LEGISLATURE  UPON  THE  BUDGET,  A DETERMINATION AS TO WHETHER THE STATE
OPERATING FUNDS SPENDING AS SET FORTH IN THE  STATE  BUDGET  AS  ENACTED
EXCEEDS THE SPENDING CAP.
  5. IF THE COMPTROLLER FINDS THAT STATE OPERATING FUNDS SPENDING AS SET
FORTH  IN  THE  STATE  BUDGET  AS  ENACTED EXCEEDS THE SPENDING CAP, THE
LEGISLATURE SHALL TAKE CORRECTIVE  ACTION  TO  ENSURE  THAT  FUNDING  IS
LIMITED TO THE AMOUNT OF THE SPENDING CAP.
  S 2. This act shall take effect immediately.

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

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