Senate Bill S521

2015-2016 Legislative Session

Relates to the liability of the state university of New York upon exiting operations at the Long Island college hospital

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Higher Education Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-S521 (ACTIVE) - Details

Current Committee:
Senate Higher Education
Law Section:
Education
Versions Introduced in 2013-2014 Legislative Session:
S7263

2015-S521 (ACTIVE) - Summary

Relates to the liability of the state university of New York upon exiting operations at the Long Island college hospital.

2015-S521 (ACTIVE) - Sponsor Memo

2015-S521 (ACTIVE) - Bill Text download pdf 

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

                                   521

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 7, 2015
                               ___________

Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Higher Education

AN ACT in relation to the liability of the state university at New  York
  upon exiting operations at the Long Island College Hospital

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. 1. Notwithstanding the provisions of any law, rule or regu-
lation to the contrary, the state university of New York, including  all
of  the state university's constituent parts, upon exiting operations at
the Long Island College Hospital (LICH), shall not  be  liable  for  any
outstanding  financial obligations net of the proceeds received from the
sale of such hospital, provided  such  proceeds  are  distributed  in  a
manner  fully  consistent  with that of a settlement agreement providing
for the exit of operations at the LICH.
  2. Any liabilities in excess of proceeds derived from the sale of  the
LICH shall be considered a liability of the state. Liabilities in excess
of such sale proceeds shall be paid out of the state general fund pursu-
ant to appropriation.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01202-01-5

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