Do you support this bill?

Senate Bill S5853A

2015-2016 Legislative Session

Relates to the funding of public transit systems; repealer

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

Bill Amendments

2015-S5853 - Details

See Assembly Version of this Bill:
A8204
Current Committee:
Senate Finance
Law Section:
State Finance Law
Laws Affected:
Rpld §88-a sub 5 ¶(c), amd §88-a, St Fin L
Versions Introduced in 2017-2018 Legislative Session:
A2707

2015-S5853 - Summary

Relates to the funding of public transit systems.

2015-S5853 - Sponsor Memo

2015-S5853 - Bill Text download pdf 

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

                                  5853

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 8, 2015
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- 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  the  funding  of
  public  transit  systems; and to repeal paragraph (c) of subdivision 5
  of section 88-a of the state finance law relating thereto

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

  Section 1. Paragraph (c) of subdivision 5 of section 88-a of the state
finance  law is REPEALED and two new paragraphs (c) and (d) are added to
read as follows:
  (C) NOTWITHSTANDING ANY LAW TO THE CONTRARY, THE COMPTROLLER IS HEREBY
AUTHORIZED AND DIRECTED TO TRANSFER FROM THE GENERAL  FUND  FOR  DEPOSIT
INTO  THE  PUBLIC TRANSPORTATION SYSTEM OPERATING ASSISTANCE ACCOUNT, ON
OR BEFORE MARCH THIRTY-FIRST OF  EACH  YEAR,  AN  AMOUNT  EQUAL  TO  THE
FOLLOWING:
  (I)  FOR THE STATE FISCAL YEAR ENDING MARCH THIRTY-FIRST, TWO THOUSAND
SIXTEEN, FIFTEEN MILLION DOLLARS;
  (II) IN EACH SUCCEEDING STATE FISCAL YEAR, THE  TRANSFER  SHALL  EQUAL
THE  PRODUCT  OF TWO HUNDRED FIVE MILLION SIX HUNDRED FIFTY-TWO THOUSAND
ONE HUNDRED DOLLARS AND ONE PLUS THE GROWTH FACTOR. FOR THE PURPOSES  OF
THIS SUBPARAGRAPH, THE GROWTH FACTOR IS THE PERCENTAGE, IF ANY, BY WHICH
THE  AGGREGATE  AMOUNT  OF  REVENUE  DEPOSITED  IN THE METROPOLITAN MASS
TRANSPORTATION OPERATING ASSISTANCE ACCOUNT FOR THE TWELVE MONTH  PERIOD
ENDING  ON  DECEMBER  THIRTY-FIRST OF THE IMMEDIATELY PRECEDING CALENDAR
YEAR EXCEEDS THE AGGREGATE AMOUNT OF REVENUE DEPOSITED IN THE  METROPOL-
ITAN  MASS  TRANSPORTATION  OPERATING  ASSISTANCE ACCOUNT FOR THE TWELVE
MONTH PERIOD ENDING ON DECEMBER THIRTY-FIRST, TWO THOUSAND FOURTEEN.  IN
NO  YEAR WILL THE AMOUNT OF THE DEPOSIT AUTHORIZED UNDER THIS SECTION BE
LESS THAN THE AMOUNT MADE IN THE PRIOR YEAR.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11540-03-5

S. 5853                             2

2015-S5853A (ACTIVE) - Details

See Assembly Version of this Bill:
A8204
Current Committee:
Senate Finance
Law Section:
State Finance Law
Laws Affected:
Rpld §88-a sub 5 ¶(c), amd §88-a, St Fin L
Versions Introduced in 2017-2018 Legislative Session:
A2707

2015-S5853A (ACTIVE) - Summary

Relates to the funding of public transit systems.

2015-S5853A (ACTIVE) - Sponsor Memo

2015-S5853A (ACTIVE) - Bill Text download pdf 

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

                                 5853--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 8, 2015
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee on Finance --  recommit-
  ted to the Committee on Finance 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 state finance law, in relation  to  the  funding  of
  public  transit  systems; and to repeal paragraph (c) of subdivision 5
  of section 88-a of the state finance law relating thereto

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

  Section 1. Paragraph (c) of subdivision 5 of section 88-a of the state
finance  law is REPEALED and two new paragraphs (c) and (d) are added to
read as follows:
  (C) NOTWITHSTANDING ANY LAW TO THE CONTRARY, THE COMPTROLLER IS HEREBY
AUTHORIZED AND DIRECTED TO TRANSFER FROM THE GENERAL  FUND  FOR  DEPOSIT
INTO  THE  PUBLIC TRANSPORTATION SYSTEM OPERATING ASSISTANCE ACCOUNT, ON
OR BEFORE MARCH THIRTY-FIRST OF  EACH  YEAR,  AN  AMOUNT  EQUAL  TO  THE
FOLLOWING:
  (I)  FOR THE STATE FISCAL YEAR ENDING MARCH THIRTY-FIRST, TWO THOUSAND
SEVENTEEN, FIFTEEN MILLION DOLLARS;
  (II) IN EACH SUCCEEDING STATE FISCAL YEAR, THE  TRANSFER  SHALL  EQUAL
THE  PRODUCT  OF TWO HUNDRED FIVE MILLION SIX HUNDRED FIFTY-TWO THOUSAND
ONE HUNDRED DOLLARS AND ONE PLUS THE GROWTH FACTOR. FOR THE PURPOSES  OF
THIS SUBPARAGRAPH, THE GROWTH FACTOR IS THE PERCENTAGE, IF ANY, BY WHICH
THE  AGGREGATE  AMOUNT  OF  REVENUE  DEPOSITED  IN THE METROPOLITAN MASS
TRANSPORTATION OPERATING ASSISTANCE ACCOUNT FOR THE TWELVE MONTH  PERIOD
ENDING  ON  DECEMBER  THIRTY-FIRST OF THE IMMEDIATELY PRECEDING CALENDAR
YEAR EXCEEDS THE AGGREGATE AMOUNT OF REVENUE DEPOSITED IN THE  METROPOL-
ITAN  MASS  TRANSPORTATION  OPERATING  ASSISTANCE ACCOUNT FOR THE TWELVE
MONTH PERIOD ENDING ON DECEMBER THIRTY-FIRST, TWO THOUSAND FOURTEEN.  IN

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11540-04-6

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.