|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 27, 2014||recommit, enacting clause stricken|
|Jan 08, 2014||referred to finance|
|Jan 23, 2013||referred to finance|
senate Bill S2653
Archive: Last Bill Status - STRICKEN
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S2653 - Details
S2653 - Summary
Enacts the "over-expenditure, under-expenditure, transfer notification (OUT) act" to provide for the use of surplus appropriated funds and over-expenditure approval.
S2653 - Sponsor Memo
BILL NUMBER:S2653 TITLE OF BILL: An act to amend the state finance law, in relation to enacting the "over-expenditure, under-expenditure, transfer notification (OUT) act" PURPOSE: Requires that the Comptroller be immediately notified of any overexpenditure of taxpayer monies and that all leftover funds are allocated to the general fund to pay down debt. SUMMARY OF PROVISIONS: Section 1: Cites the act as the "over-expenditure, under-expenditure, transfer-notification (OUT) act. Section 2: Amends the state finance law by adding a new section 53-e. Section 53-e(1): Defines the terms of "state agencies" and "surplus appropriated funds." Section 53-e(2): Surplus Appropriated Funds; On April 1st, if a state agency has a surplus of appropriated funds, the Governor, the Comptroller and the Legislature must be notified of the surplus and its amount prior to April 15th. Once notified, the Governor, the
S2653 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2653 2013-2014 Regular Sessions I N S E N A T E January 23, 2013 ___________ Introduced by Sen. BALL -- 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 enacting the "over-expenditure, under-expenditure, transfer notification (OUT) act" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "over-expenditure, under-expenditure, transfer notification (OUT) act". S 2. The state finance law is amended by adding a new section 53-e to read as follows: S 53-E. SURPLUS APPROPRIATED FUNDS; OVER-EXPENDITURE APPROVAL. 1. DEFINITIONS. FOR PURPOSES OF THIS SECTION THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: A. "STATE AGENCY" SHALL MEAN ANY STATE DEPARTMENT, BOARD, BUREAU, DIVISION, COMMISSION, COMMITTEE, PUBLIC AUTHORITY, PUBLIC BENEFIT CORPO- RATION, COUNCIL, OFFICE, OR OTHER GOVERNMENTAL ENTITY PERFORMING A GOVERNMENTAL OR PROPRIETARY FUNCTION FOR THE STATE; AND B. "SURPLUS APPROPRIATED FUNDS" SHALL MEAN THE AMOUNT OF FUNDS APPRO- PRIATED TO A STATE AGENCY IN A FISCAL YEAR REDUCED BY THE TOTAL EXPENDI- TURES BY SUCH STATE AGENCY FOR SUCH FISCAL YEAR, BUT SUCH TERM SHALL ONLY APPLY TO AMOUNTS OF FUNDS GREATER THAN ZERO. 2. SURPLUS APPROPRIATED FUNDS. A. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, ANY STATE AGENCY WHICH ON APRIL FIRST HAS SURPLUS APPROPRIATED FUNDS SHALL, ON OR BEFORE APRIL FIFTEENTH OF SUCH YEAR, NOTIFY THE GOVERNOR, THE COMPTROLLER AND THE LEGISLATURE THAT SUCH AGENCY HAS SURPLUS APPROPRIATED FUNDS AND THE AMOUNT OF SUCH SURPLUS. UPON RECEIPT OF SUCH NOTIFICATION, THE LEGISLATURE AND THE GOVERNOR MAY, ON OR BEFORE MAY THIRTY-FIRST OF SUCH YEAR, ENACT LEGISLATION PROVIDING THAT SUCH SURPLUS APPROPRIATED FUNDS MAY BE USED BY SUCH STATE AGENCY OR TRANS- FERRED TO ANOTHER STATE AGENCY OR BOTH. SUCH LEGISLATION SHALL CLEARLY EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07153-01-3
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