senate Bill S4346

2019-2020 Legislative Session

Changes the state fiscal year from April first to June first, changes time frames for school district elections and notice of elections and submission of a property tax report card

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Finance Committee

  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2020 referred to finance
Mar 07, 2019 referred to finance


S4346 (ACTIVE) - Details

Current Committee:
Senate Finance
Law Section:
State Finance Law
Laws Affected:
Amd §§3 & 23, St Fin L; amd §§2022, 2601-a, 2003, 2004, 1608, 2515, 2006 & 2007, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: S5221
2011-2012: S418
2013-2014: S3418
2015-2016: S2663
2017-2018: S5012

S4346 (ACTIVE) - Summary

Changes the state fiscal year from April first to June first with such fiscal year ending the next following thirty-first day of May; changes time frames for school district elections and notice of elections and submission of a property tax report card.

S4346 (ACTIVE) - Sponsor Memo

S4346 (ACTIVE) - Bill Text download pdf

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


                       2019-2020 Regular Sessions

                            I N  S E N A T E

                              March 7, 2019

Introduced  by Sens. KRUEGER, LIU, MONTGOMERY, SERRANO -- read twice and
  ordered printed, and when printed to be committed to the Committee  on

AN ACT to amend the state finance law, in relation to changing the state
  fiscal year from the first of April to the first of June and requiring
  revisions  of  the  consensus  forecast  of  the economy, estimates of
  receipts for the current and the ensuing state  fiscal  year  and  the
  joint  report  of  the director of the budget and the secretary of the
  senate finance committee and the secretary of the  assembly  ways  and
  means  committee, and directing the state comptroller to provide esti-
  mates for receipts for the  current and ensuing state fiscal year; and
  to amend the education law, in relation to the timing  and  notice  of
  annual  elections in school districts and the submission of a property
  tax report card and the calculation of the  fiscal  year  for  certain
  school districts


  Section 1. Section 3 of the state finance law, as added by  chapter  1
of the laws of 1943 and as separately renumbered by chapters 405 and 957
of the laws of 1981, is amended to read as follows:
  §  3.  Fiscal  year.  1.  The  current  fiscal year of the state which
commenced with the first  day  of  [July,  nineteen  hundred  forty-two]
APRIL,  TWO THOUSAND TWENTY, is hereby [abridged] EXTENDED and shall end
with the thirty-first day of [March, nineteen hundred forty-three]  MAY,
TWO  THOUSAND TWENTY-ONE.  For all purposes of determining annual incre-
ments of state employees  pursuant  to  the  education  law,  the  civil
service  law  or  other  state law, and for all purposes whenever by law
some act is to be performed or time is to be measured by the fiscal year
of the state, the current fiscal year, as so [abridged] EXTENDED,  shall
be  deemed  to  be  a  full  year  unless the context clearly requires a
contrary construction.

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


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