senate Bill S2744

2013-2014 Legislative Session

Relates to membership in retirement systems

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (6)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 10, 2014 opinion referred to judiciary
Jan 13, 2014 to attorney-general for opinion
Jan 08, 2014 referred to judiciary
Feb 21, 2013 opinion referred to judiciary
Jan 31, 2013 to attorney-general for opinion
Jan 23, 2013 referred to judiciary

S2744 - Details

Current Committee:
Law Section:
Constitution, Concurrent Resolutions to Amend
Laws Affected:
Amd Art 5 ยงยง1 & 7, Constn

S2744 - Summary

Relates to membership in retirement systems.

S2744 - Sponsor Memo

S2744 - Bill Text download pdf

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

                                  2744

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 23, 2013
                               ___________

Introduced  by  Sen. MARTINS -- read twice and ordered printed, and when
  printed to be committed to the Committee on Judiciary

            CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY

proposing an amendment to article V of  the  constitution,  relating  to
  membership in retirement systems and that benefits not be diminished

  Section  1. Resolved (if the Assembly concur), That section 1 of arti-
cle V of the constitution be amended to read as follows:
  Section 1. The comptroller and attorney-general shall be chosen at the
same general election as the governor and hold office for the same term,
and shall possess the qualifications provided in section  2  of  article
IV. The legislature shall provide for filling vacancies in the office of
comptroller  and of attorney-general. No election of a comptroller or an
attorney-general shall be had except at the time of electing a governor.
The comptroller shall be required: (1)  to  audit  all  vouchers  before
payment  and  all  official  accounts;  (2)  to  audit  the  accrual and
collection of all revenues and receipts; [and]  (3)  to  prescribe  such
methods  of accounting as are necessary for the performance of the fore-
going duties; AND (4) TO BE  THE  SOLE  CUSTODIAN  AND  MANAGER  OF  THE
PENSION  FUNDS  PROVIDED  PURSUANT TO SECTION SEVEN OF THIS ARTICLE, AND
FURTHER TO DETERMINE THE METHODOLOGY FOR VALUING THE ASSETS, LIABILITIES
AND OBLIGATIONS OF SUCH FUNDS.  The payment of any money of  the  state,
or  of  any  money under its control, or the refund of any money paid to
the state, except upon audit by the comptroller, shall be void, and  may
be  restrained  upon  the  suit  of any taxpayer with the consent of the
supreme court in appellate division on notice to  the  attorney-general.
In  such  respect the legislature shall define the powers and duties and
may also assign to him or her: (1) supervision of the  accounts  of  any
political subdivision of the state; and (2) powers and duties pertaining
to or connected with the assessment and taxation of real estate, includ-
ing determination of ratios which the assessed valuation of taxable real
property  bears  to the full valuation thereof, but not including any of
those powers and duties reserved to officers of a county, city, town  or

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

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