|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to finance|
|Dec 06, 2013||referred to finance|
senate Bill S6003
Archive: Last Bill Status - In Senate Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S6003 - Details
- Law Section:
- State Finance Law
- Laws Affected:
- Amd §§179-d, 179-e, 179-f, 179-g, 179-h, 179-k, 179-m & 179-p, St Fin L
S6003 - Sponsor Memo
BILL NUMBER:S6003 TITLE OF BILL: An act to amend the state finance law, in relation to prompt payments to local governments of certain state aid associated with disaster relief PURPOSE OR GENERAL IDEA OF BILL: This bill would establish prompt payment requirements for certain aid for local government units associated with storm relief and recovery. SUMMARY OF SPECIFIC PROVISIONS: This bill would amend section 179-d of the state finance law, to provide that the prompt payment of funds due to local government units associated with storm relief and recovery is vital to the continued economic viability of the state as a whole. It further would provide that storm-ravaged communities must be provided relief in a manner that allows for expedited repair of municipal infrastructure so that residents of such communities can continue their day-to-day lives. This bill would additionally amend section 179-e of the state finance law, to provide that a unit of local government eligible to receive such prompt payment of aid would include counties, cities, towns, villages and school districts.
S6003 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6003 2013-2014 Regular Sessions I N S E N A T E December 6, 2013 ___________ Introduced by Sens. SEWARD, GRIFFO, VALESKY, FARLEY -- 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 prompt payments to local governments of certain state aid associated with disaster relief THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 179-d of the state finance law, as added by chapter 153 of the laws of 1984, is amended to read as follows: S 179-d. Legislative intent. Firms and organizations that do business with the state of New York expect and deserve to be paid in a prompt and timely manner. Unjustified delays in paying vendors, construction contractors, and providers of service may discourage such firms and organizations from doing business with the state of New York and may ultimately increase the costs to the state government of purchasing materials, equipment, and supplies; undertaking construction and recon- struction projects; and obtaining a wide variety of professional and other specialized services including those that are provided to persons in need. Consequently, this legislation sets standards for the payment of bills incurred by state agencies within specified periods of time and requires interest payments in situations where contract payments do not conform to these standards. Consistent with accepted business practices and with sound principles of fiscal management, it is the intent of this legislation to encourage state agencies in all three branches of state government to make payments at least as expeditiously as they currently do and further to reduce existing payment processing times whenever feasible, while at the same time permitting the state agencies to perform proper and reasonable financial oversight activities designed to ensure that the state government receives the quality of goods and services to which it is entitled and to ensure that public funds are spent in a prudent and responsible manner. ADDITIONALLY, THE PROMPT EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13203-01-3
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