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Assembly Bill A10262

2021-2022 Legislative Session

Requires certain payments be done through electronic fund transfers

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Archive: Last Bill Status - In Assembly Committee

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2021-A10262 (ACTIVE) - Details

Current Committee:
Assembly Governmental Operations
Law Section:
State Finance Law
Laws Affected:
Amd §200, add §169, St Fin L

2021-A10262 (ACTIVE) - Summary

Requires payments be done through electronic fund transfers for state employees and vendors.

2021-A10262 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10262
 
                           I N  A S S E M B L Y
 
                               May 13, 2022
                                ___________
 
 Introduced by COMMITTEE ON RULES -- (at request of M. of A. K. Brown) --
   read once and referred to the Committee on Governmental Operations
 
 AN  ACT to amend the state finance law, in relation to requiring certain
   payments be done through electronic fund transfers
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Section 200 of the state finance law is amended by adding a
 new subdivision 1-a to read as follows:
   1-A.  NOTWITHSTANDING  ANY  LAW  TO  THE CONTRARY, THE SALARIES OF ALL
 OFFICERS OF THE STATE, AND THE WAGES OF ALL EMPLOYEES THEREOF  SHALL  BE
 PAID THROUGH ELECTRONIC FUND TRANSFERS.
   §  2.  The state finance law is amended by adding a new section 169 to
 read as follows:
   § 169. PAYMENT VIA ELECTRONIC FUND TRANSFERS.  ALL  VENDORS  SHALL  BE
 PAID FOR ANY SERVICES AND COMMODITIES THROUGH ELECTRONIC FUND TRANSFERS.
   §  3. This act shall take effect one year after it shall have become a
 law.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14334-01-2

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