Assembly Bill A1561

2017-2018 Legislative Session

Prohibits the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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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2017-A1561 (ACTIVE) - Details

See Senate Version of this Bill:
S398
Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Add §73-a, St Fin L
Versions Introduced in Other Legislative Sessions:
2009-2010: A989, S3207
2011-2012: A1354, S173
2013-2014: A385, S1091
2015-2016: A2624, S2988
2019-2020: A4564
2021-2022: A5934
2023-2024: A1989

2017-A1561 (ACTIVE) - Summary

Prohibits the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund.

2017-A1561 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1561
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 12, 2017
                                ___________
 
 Introduced  by M. of A. HAWLEY, LOPEZ, CROUCH, BARCLAY, FINCH, McKEVITT,
   SALADINO, BUTLER, RAIA, KOLB, GIGLIO -- Multi-Sponsored by -- M. of A.
   McDONOUGH, McLAUGHLIN, OAKS, THIELE -- read once and referred  to  the
   Committee on Ways and Means
 
 AN  ACT  to  amend the state finance law, in relation to prohibiting the
   transfer of unexpended moneys from funds receiving moneys from a dedi-
   cated fee into any other 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
 73-a to read as follows:
   § 73-A.  TRANSFER OF FUNDS. NOTWITHSTANDING ANY PROVISION  OF  LAW  TO
 THE CONTRARY, UNEXPENDED MONEYS IN ANY FUND THAT:
   1. RECEIVES REVENUES FROM A DEDICATED FEE;
   2.  PROVIDES  THAT  MONEYS IN THE FUND SHALL BE KEPT SEPARATE FROM AND
 SHALL NOT BE COMMINGLED WITH OTHER MONEYS IN THE CUSTODY  OF  THE  COMP-
 TROLLER; AND
   3.  PROVIDES  THAT  MONEYS  IN THE FUND SHALL BE EXPENDED ONLY FOR THE
 PURPOSE DESIGNATED IN THE FUND
 SHALL NOT BE TRANSFERRED TO ANY OTHER FUND OR ACCOUNT OR  USED  FOR  ANY
 PURPOSE OTHER THAN THAT DESIGNATED BY THE FUND.
   § 2. This act shall take effect immediately.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02273-01-7

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