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Assembly Bill A10185

2017-2018 Legislative Session

Relates to establishing the first chance trust fund

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Archive: Last Bill Status - In Assembly Committee

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2017-A10185 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
State Finance Law
Laws Affected:
Add 97-cc, St Fin L

2017-A10185 (ACTIVE) - Summary

Establishes the first chance trust fund which provides scholarships and grants to individuals residing in those regions of the state which have statistically higher high school dropout rates or incarceration rates as determined by the division of criminal justice services.

2017-A10185 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10185
 
                           I N  A S S E M B L Y
 
                              March 22, 2018
                                ___________
 
 Introduced  by  M.  of  A.  PELLEGRINO  -- read once and referred to the
   Committee on Education
 
 AN ACT to amend the state finance law, in relation to  establishing  the
   first chance trust fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The state finance law is amended by adding  a  new  section
 97-cc to read as follows:
   § 97-CC. FIRST CHANCE TRUST FUND. 1. DEFINITIONS.  FOR THE PURPOSES OF
 THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
   A. "DIVISION" MEANS THE DIVISION OF CRIMINAL JUSTICE SERVICES.
   B. "DEPARTMENT" MEANS THE DEPARTMENT OF CORRECTIONS.
   2.  THE  FIRST  CHANCE  TRUST FUND. THERE IS HEREBY ESTABLISHED IN THE
 JOINT CUSTODY OF THE STATE COMPTROLLER, THE COMMISSIONER OF THE  DEPART-
 MENT OF TAXATION AND FINANCE, THE COMMISSIONER OF CORRECTIONS AND COMMU-
 NITY  SUPERVISION  AND  THE  COMMISSIONER  OF  THE  DIVISION OF CRIMINAL
 JUSTICE SERVICES A FUND TO BE KNOWN AS THE "FIRST CHANCE TRUST FUND".
   3. THE FIRST CHANCE TRUST  FUND  SHALL  CONSIST  OF  MONIES  FROM  THE
 FOLLOWING SOURCES:
   A.  GRANTS,  GIFTS,  DONATIONS AND OTHER PAYMENTS FROM ANY INDIVIDUAL,
 PERSON, BUSINESS ENTITY, NONPROFIT ENTITY, OR GOVERNMENT ENTITY FOR  THE
 PURPOSES OF THIS FUND;
   B. A ONE PERCENT SURCHARGE ON ALL CONTRACTS WITH THE DEPARTMENT OR THE
 DIVISION  WITH  AN  ANNUAL  AMOUNT  OF  OVER  FIVE MILLION DOLLARS. THIS
 SURCHARGE SHALL ONLY  APPLY  TO  CONTRACTS  ISSUED,  RENEWED,  MODIFIED,
 ALTERED  OR  AMENDED ON OR AFTER THE ONE HUNDRED EIGHTIETH DAY AFTER THE
 EFFECTIVE DATE OF THIS SECTION. WITHIN ONE HUNDRED EIGHTY  DAYS  OF  THE
 EFFECTIVE  DATE  OF  THIS  SECTION,  THE COMMISSIONER OF CORRECTIONS AND
 COMMUNITY SUPERVISION AND THE COMMISSIONER OF THE DIVISION  OF  CRIMINAL
 JUSTICE  SERVICES  SHALL ESTABLISH THE REQUIRED RULES AND REGULATIONS TO
 IMPLEMENT THE ONE PERCENT SURCHARGE ESTABLISHED IN THIS PARAGRAPH.  SUCH
 SURCHARGE  MAY  BE  WAIVED  ON  ANY  CONTRACT  BY  THE  COMMISSIONER  OF
 CORRECTIONS AND COMMUNITY SUPERVISION OR THE COMMISSIONER OF  THE  DIVI-
 SION OF CRIMINAL JUSTICE SERVICES; AND
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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