S T A T E O F N E W Y O R K
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9639
I N A S S E M B L Y
May 13, 2014
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Introduced by M. of A. FARRELL -- (at request of the State Comptroller)
-- read once and referred to the Committee on Ways and Means
AN ACT to amend the state finance law, in relation to the timely expend-
iture of check-off monies and requiring annual reports relating to the
use of such monies, the process used for awarding such monies, amounts
of such monies awarded and the manner in which such monies were
expended; and in relation to requiring information relating to
projected tax check-off fund activity to be included in the executive
budget submission and the state's financial plan
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
71-b to read as follows:
S 71-B. EXPENDITURE OF CHECK-OFF MONIES. 1. TO THE EXTENT PRACTICABLE,
FOR EVERY FUND ESTABLISHED PURSUANT TO THIS CHAPTER OR ANY OTHER LAW,
FOR WHICH A TAX CHECK-OFF IS A SOURCE OF THE MONIES IN SUCH FUND, THE
HEAD OF THE AGENCY OR ENTITY ADMINISTERING THE EXPENDITURE OF SUCH
MONIES SHALL ENSURE THAT ALL TAX CHECK-OFF MONIES RECEIVED DURING A
FISCAL YEAR ARE EXPENDED PRIOR TO THE END OF SUCH FISCAL YEAR.
2. THE HEAD OF THE AGENCY OR ENTITY ADMINISTERING THE EXPENDITURE OF
TAX CHECK-OFF MONIES SHALL REPORT ANNUALLY ON THE USE OF SUCH MONIES TO
THE GOVERNOR, THE STATE COMPTROLLER, THE TEMPORARY PRESIDENT OF THE
SENATE, THE SPEAKER OF THE ASSEMBLY, THE CHAIR AND RANKING MEMBER OF THE
SENATE FINANCE COMMITTEE, THE CHAIR AND RANKING MEMBER OF THE ASSEMBLY
WAYS AND MEANS COMMITTEE AND THE PUBLIC. SUCH REPORT SHALL INCLUDE, BUT
NOT BE LIMITED TO: (A) THE AWARD PROCESS USED FOR SUCH DISBURSEMENTS,
THE AMOUNT AWARDED TO EACH RECIPIENT, THE MANNER IN WHICH SUCH MONIES
WERE EXPENDED BY SUCH RECIPIENT, AND, IN THE EVENT THAT ANY SUCH MONIES
WERE NOT EXPENDED BY THE ADMINISTERING AGENCY DURING THE FISCAL YEAR IN
WHICH SUCH MONIES WERE RECEIVED, A JUSTIFICATION FOR SUCH FAILURE TO
EXPEND AND A REMEDIAL PLAN TO ENSURE THE TIMELY AND EFFECTIVE USE OF
SUCH MONIES; AND (B) A SUMMARY FINANCIAL PLAN FOR SUCH MONIES WHICH
SHALL INCLUDE ESTIMATES OF ALL RECEIPTS AND ALL DISBURSEMENTS FOR THE
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14469-04-4
A. 9639 2
CURRENT AND SUCCEEDING FISCAL YEARS, ALONG WITH THE ACTUAL RESULTS FROM
THE PRIOR FISCAL YEAR.
S 2. Subdivision 3 of section 22 of the state finance law is amended
by adding a new paragraph j to read as follows:
J. INCLUDE A SUMMARY FINANCIAL PLAN FOR THE FUNDS OF THE STATE RECEIV-
ING TAX CHECK-OFF MONIES WHICH SHALL INCLUDE ESTIMATES OF ALL RECEIPTS
AND ALL DISBURSEMENTS FOR THE CURRENT AND SUCCEEDING FISCAL YEARS, ALONG
WITH THE ACTUAL RESULTS FROM THE PRIOR FISCAL YEAR.
S 3. This act shall take effect immediately.