S T A T E O F N E W Y O R K
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4440--A
2013-2014 Regular Sessions
I N S E N A T E
April 1, 2013
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Introduced by Sens. MARCELLINO, AVELLA, GRISANTI -- read twice and
ordered printed, and when printed to be committed to the Committee on
Environmental Conservation -- recommitted to the Committee on Environ-
mental Conservation in accordance with Senate Rule 6, sec. 8 --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
AN ACT to amend the environmental conservation law, the state finance
law and the tax law, in relation to transfers from the environmental
protection fund to the general fund
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 54-0109 of the environmental conservation law is
amended by adding a new closing paragraph to read as follows:
IN ADDITION, THE DIVISION OF THE BUDGET, IN CONSULTATION WITH THE
STATE COMPTROLLER, SHALL DEVELOP A COURSE OF ACTION FOR THE REPAYMENT
OVER THE NEXT FIVE YEARS OF MONIES TRANSFERRED FROM THE ENVIRONMENTAL
PROTECTION FUND TO THE GENERAL FUND. SUCH COURSE OF ACTION SHALL BE
INCLUDED IN THE REPORT.
S 2. Section 92-s of the state finance law is amended by adding a new
subdivision 10 to read as follows:
10. NO LATER THAN APRIL FIRST, TWO THOUSAND SIXTEEN, DEPOSITS SHALL BE
COMMENCED IN ACCORDANCE WITH THE COURSE OF ACTION SET FORTH IN SECTION
54-0109 OF THE ENVIRONMENTAL CONSERVATION LAW AND CONCLUDE BY APRIL
FIRST, TWO THOUSAND TWENTY-ONE, FOR PAST TRANSFERS MADE FROM THE ENVI-
RONMENTAL PROTECTION FUND INTO THE GENERAL FUND.
S 3. Subdivision 9 of section 92-s of the state finance law, as
amended by section 1 of part B of chapter 59 of the laws of 2008, is
amended to read as follows:
9. Notwithstanding any other law to the contrary and in accordance
with section four of this chapter, the comptroller is hereby authorized
at the direction of the director of the division of the budget to trans-
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10101-02-4
S. 4440--A 2
fer moneys from the general fund to the environmental protection fund
for the purpose of maintaining the solvency of the environmental
protection fund. If, in any fiscal year, moneys in the environmental
protection fund are deemed insufficient by the director of the division
of the budget to meet actual and anticipated disbursements from enacted
appropriations or reappropriations made pursuant to this section, the
comptroller shall at the direction of the director of the division of
the budget, transfer from the general fund to the environmental
protection fund moneys sufficient to meet such disbursements. Such
transfers shall be made only upon certification of need by the director
of the division of the budget, with copies of such certification filed
with the chairperson of the senate finance committee, the chairperson of
the assembly ways and means committee and the state comptroller. The
aggregate amount of all transfers shall not exceed [four hundred forty-
seven] FIVE HUNDRED SEVEN million one hundred seventy-one thousand
dollars. FOR THE PURPOSES OF THIS SUBDIVISION, THE TERM INSUFFICIENT
SHALL MEAN THAT THERE IS NOT AN ADEQUATE CASH BALANCE TO FINANCE ALL
CURRENT FISCAL YEAR APPROPRIATIONS AND ANY OUTSTANDING PRIOR YEAR OBLI-
GATIONS.
S 4. Section 1421 of the tax law, as amended by chapter 99 of the laws
of 2010, is amended to read as follows:
S 1421. Deposit and dispositions of revenues. From the taxes, interest
and penalties attributable to the tax imposed pursuant to section four-
teen hundred two of this article, the amount of one hundred ninety-nine
million three hundred thousand dollars shall be deposited by the comp-
troller in the environmental protection fund established pursuant to
section ninety-two-s of the state finance law for the fiscal year begin-
ning April first, two thousand nine; the amount of one hundred nineteen
million one hundred thousand dollars shall be deposited in such fund for
the fiscal year beginning April first, two thousand ten; THE AMOUNT OF
ONE HUNDRED FORTY-NINE MILLION DOLLARS SHALL BE DEPOSITED IN SUCH FUND
FOR THE FISCAL YEAR BEGINNING APRIL FIRST, TWO THOUSAND FIFTEEN; THE
AMOUNT OF ONE HUNDRED SEVENTY-NINE MILLION DOLLARS SHALL BE DEPOSITED IN
SUCH FUND FOR THE FISCAL YEAR BEGINNING APRIL FIRST, TWO THOUSAND
SIXTEEN; THE AMOUNT OF TWO HUNDRED NINE MILLION DOLLARS SHALL BE DEPOS-
ITED IN SUCH FUND FOR THE FISCAL YEAR BEGINNING APRIL FIRST, TWO THOU-
SAND SEVENTEEN; THE AMOUNT OF TWO HUNDRED THIRTY-NINE MILLION DOLLARS
SHALL BE DEPOSITED IN SUCH FUND FOR FOUR FISCAL YEARS BEGINNING APRIL
FIRST, TWO THOUSAND EIGHTEEN; AND THE AMOUNT OF TWO HUNDRED SEVENTY-TWO
MILLION DOLLARS SHALL BE DEPOSITED IN SUCH FUND FOR THE FISCAL YEAR
BEGINNING APRIL FIRST, TWO THOUSAND NINETEEN; and for each fiscal year
thereafter. On or before June twelfth, nineteen hundred ninety-five and
on or before the twelfth day of each month thereafter (excepting the
first and second months of each fiscal year), the comptroller shall
deposit into such fund from the taxes, interest and penalties collected
pursuant to such section fourteen hundred two of this article which have
been deposited and remain to the comptroller's credit in the banks,
banking houses or trust companies referred to in section one hundred
seventy-one-a of this chapter at the close of business on the last day
of the preceding month, an amount equal to one-tenth of the annual
amount required to be deposited in such fund pursuant to this section
for the fiscal year in which such deposit is required to be made. In the
event such amount of taxes, interest and penalties so remaining to the
comptroller's credit is less than the amount required to be deposited in
such fund by the comptroller, an amount equal to the shortfall shall be
deposited in such fund by the comptroller with subsequent deposits, as
S. 4440--A 3
soon as the revenue is available. Beginning April first, nineteen
hundred ninety-seven, the comptroller shall transfer monthly to the
clean water/clean air fund established pursuant to section ninety-sev-
en-bbb of the state finance law, all moneys remaining from such taxes,
interest and penalties collected that are not required for deposit in
the environmental protection fund.
S 5. This act shall take effect April 1, 2015; provided, however, if
this act shall become a law after such date it shall take effect imme-
diately and shall be deemed to have been in full force and effect on and
after April 1, 2015.