|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to finance|
|Jan 09, 2013||referred to finance|
senate Bill S1153
Archive: Last Bill Status -
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1153 - Details
S1153 - Summary
Provides for a June 1 to May 31 state fiscal year; makes administrative and transitional provisions therefor; requires that by April 15 of each year, the legislature must adopt a joint resolution that contains the maximum appropriations to each state agency for state operations, local assistance and capital construction.
S1153 - Sponsor Memo
BILL NUMBER:S1153 TITLE OF BILL: An act to amend the state finance law, in relation to the fiscal year of the state and repealing section 3 of such law relating thereto PURPOSE: This legislation repeals section three of the state finance law and adds a new section three, designating the first day of June as the commencement of the state's fiscal year. This legislation also designates that by April 15th of each year, the Legislature must adopt a joint resolution that contains the maximum appropriation to each state agency for state operations, local assistance and capital construction. JUSTIFICATION: The current April 1st deadline for passage of the state budget only gives the Legislature three months to analyze the Governor's budget. Additionally, after a gubernatorial election year, the Governor does not have to submit his budget until February 1st, which gives the Legislature only two months to pass it. Another advantage of a later passage date is that it will give the legislature a more accurate estimate of tax receipts which were filed by April 15th. LEGISLATIVE HISTORY:
S1153 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1153 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. BRESLIN, KRUEGER, PARKER -- 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 fiscal year of the state and repealing section 3 of such law relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of the state finance law is REPEALED and a new section 3 is added to read as follows: S 3. FISCAL YEAR. 1. THE CURRENT FISCAL YEAR OF THE STATE WHICH COMMENCED WITH THE FIRST DAY OF APRIL, TWO THOUSAND THIRTEEN, IS HEREBY EXTENDED AND SHALL END WITH THE THIRTY-FIRST DAY OF MAY, TWO THOUSAND FOURTEEN. FOR ALL PURPOSES OF DETERMINING ANNUAL INCREMENTS OF STATE EMPLOYEES PURSUANT TO THE EDUCATION LAW, THE CIVIL SERVICE LAW OR OTHER STATE LAW, AND FOR ALL PURPOSES WHENEVER BY LAW SOME ACT IS TO BE PERFORMED OR TIME IS TO BE MEASURED BY THE FISCAL YEAR OF THE STATE, THE CURRENT FISCAL YEAR, AS SO ABRIDGED, SHALL BE DEEMED TO BE A FULL YEAR UNLESS THE CONTEXT CLEARLY REQUIRES A CONTRARY CONSTRUCTION. ON AND AFTER THE FIRST DAY OF JUNE, TWO THOUSAND FOURTEEN, THE FISCAL YEAR OF THE STATE, FOR THE PURPOSE OF BUDGET, APPROPRIATIONS, RECEIPTS AND DISBURSEMENTS OF STATE MONEYS AND ALL OTHER STATE AFFAIRS WHICH ARE REGULATED IN ACCORDANCE WITH OR BASED ON FISCAL YEARS, INCLUDING THE FISCAL AFFAIRS OF ALL STATE DEPARTMENTS, COMMISSIONS, BOARDS, AGENCIES, OFFICES AND INSTITUTIONS, SHALL BEGIN WITH THE FIRST DAY OF JUNE AND END WITH THE NEXT FOLLOWING THIRTY-FIRST DAY OF MAY. 2. ALL BOOKS AND ACCOUNTS IN THE OFFICES OF THE COMPTROLLER AND THE DEPARTMENT OF TAXATION AND FINANCE SHALL BE KEPT BY FISCAL YEARS. ALL ANNUAL ACCOUNTS REQUIRED TO BE RENDERED TO THE COMPTROLLER OR TO SUCH DEPARTMENT BY ANY PERSON SHALL BE CLOSED ON THE THIRTY-FIRST DAY OF MAY IN EACH YEAR, AND BE RENDERED AS SOON THEREAFTER AS PRACTICABLE, IF NO TIME IS SPECIALLY PRESCRIBED BY LAW. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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