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Senate Bill S7978

2017-2018 Legislative Session

Relates to the use of centralized services by public authorities

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Archive: Last Bill Status - In Senate Committee Finance Committee

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2017-S7978 (ACTIVE) - Details

See Assembly Version of this Bill:
A11019
Current Committee:
Senate Finance
Law Section:
State Finance Law
Laws Affected:
Amd §97-g, St Fin L

2017-S7978 (ACTIVE) - Summary

Relates to the use of centralized services by public authorities and public benefit corporations.

2017-S7978 (ACTIVE) - Sponsor Memo

2017-S7978 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7978
 
                             I N  S E N A T E
 
                              March 15, 2018
                                ___________
 
 Introduced  by  Sen. RANZENHOFER -- (at request of the Office of General
   Services) -- 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 authorizing the
   use of centralized services by public authorities and  public  benefit
   corporations

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivisions 3 and 5 of section 97-g of the  state  finance
 law,  subdivision 3 as amended by section 62 of part HH of chapter 57 of
 the laws of 2013 and subdivision 5 as amended by section 1 of subpart  A
 of  part  C  of  chapter  97 of the laws of 2011, are amended to read as
 follows:
   3. Moneys of the fund shall be available to the commissioner of gener-
 al services for the purchase of food, supplies and equipment  for  state
 agencies,  and  for  the  purpose of furnishing or providing centralized
 services to or for state agencies; provided  further  that  such  moneys
 shall  be available to the commissioner of general services for purposes
 pursuant to items (d) and (f) of subdivision four of this section to  or
 for  political  subdivisions,  PUBLIC  AUTHORITIES,  AND  PUBLIC BENEFIT
 CORPORATIONS. Beginning the first day of April, two thousand two, moneys
 in such fund shall also be transferred by the state comptroller  to  the
 revenue  bond  tax  fund  account  of  the  general debt service fund in
 amounts equal to those required for payments to authorized  issuers  for
 revenue  bonds  issued  pursuant to article five-C and article five-F of
 this  chapter  for  the  purpose  of  lease  purchases  and  installment
 purchases by or for state agencies and institutions for personal or real
 property purposes.
   5.  The  amount  expended from such fund for the above-stated purposes
 shall be charged  against  the  agency  [or],  political  [subdivisions]
 SUBDIVISION,  PUBLIC  AUTHORITY  OR  PUBLIC  BENEFIT  CORPORATION  above
 receiving such food, supplies, equipment and services and  all  payments
 received therefor shall be credited to such fund.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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