Assembly Bill A5472

Vetoed By Governor
2021-2022 Legislative Session

Relates to five-year capital plans for the state university of New York and the city university of New York

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S5475 - Vetoed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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2021-A5472 (ACTIVE) - Details

See Senate Version of this Bill:
S5475
Law Section:
State Finance Law
Laws Affected:
Amd §22-c, St Fin L
Versions Introduced in Other Legislative Sessions:
2015-2016: A7388, S5217
2017-2018: A967, A10631, S1625, S7236
2019-2020: A1155, S3548

2021-A5472 (ACTIVE) - Summary

Relates to five-year capital plans for the state university of New York and the city university of New York.

2021-A5472 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5472
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 18, 2021
                                ___________
 
 Introduced  by M. of A. GLICK -- read once and referred to the Committee
   on Higher Education
 
 AN ACT to amend the state finance law, in relation to five-year  capital
   plans  for the state university of New York and the city university of
   New York
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 22-c of the state finance law is amended by adding
 a new subdivision 7 to read as follows:
   7. FOR THE FISCAL YEAR BEGINNING ON APRIL FIRST, TWO THOUSAND  TWENTY-
 TWO AND EVERY FIFTH FISCAL YEAR THEREAFTER, THE GOVERNOR SHALL SUBMIT TO
 THE  LEGISLATURE AS PART OF THE ANNUAL EXECUTIVE BUDGET, FIVE-YEAR CAPI-
 TAL PLANS FOR THE STATE UNIVERSITY OF NEW YORK  STATE-OPERATED  CAMPUSES
 AND  CITY  UNIVERSITY  OF  NEW  YORK SENIOR COLLEGES.   SUCH PLANS SHALL
 PROVIDE FOR THE ANNUAL APPROPRIATION  OF  CAPITAL  FUNDS  TO  COVER  ONE
 HUNDRED  PERCENT  OF THE ANNUAL CRITICAL MAINTENANCE NEEDS IDENTIFIED BY
 EACH UNIVERSITY SYSTEM, AND MAY INCLUDE FUNDS FOR NEW INFRASTRUCTURE  OR
 OTHER  MAJOR  CAPITAL  INITIATIVES,  PROVIDED  THAT SUCH FUNDING FOR NEW
 INFRASTRUCTURE OR  OTHER  MAJOR  CAPITAL  INITIATIVES  SHALL  NOT  COUNT
 TOWARDS  MEETING  THE  OVERALL CRITICAL MAINTENANCE REQUIREMENT.  IN THE
 EVENT THAT SUCH PLAN IS UNABLE TO FUND ONE HUNDRED PERCENT OF THE  CRIT-
 ICAL  MAINTENANCE  NEEDS DUE TO THE LIMITATION IMPOSED BY ARTICLE FIVE-B
 OF THIS CHAPTER, THE DIRECTOR OF  THE  BUDGET  SHALL  DEVELOP  FIVE-YEAR
 CAPITAL  PLANS  WHEREBY  THE  IMPLEMENTATION  OF EACH CAPITAL PLAN WOULD
 ANNUALLY REDUCE THE OVERALL FACILITY  CONDITION  INDEX  (FCI)  FOR  EACH
 UNIVERSITY  SYSTEM.  FOR  THE  PURPOSES  OF  THIS SUBDIVISION, "FACILITY
 CONDITION INDEX" SHALL MEAN AN  INDUSTRY  BENCHMARK  THAT  MEASURES  THE
 RATIO  OF  DEFERRED  MAINTENANCE  DOLLARS TO REPLACEMENT DOLLARS FOR THE
 PURPOSES OF ANALYZING THE EFFECT OF INVESTING IN FACILITY  IMPROVEMENTS.
 THE  APPORTIONMENT  OF  CAPITAL  APPROPRIATIONS  TO  EACH STATE-OPERATED
 CAMPUS OR SENIOR COLLEGE SHALL BE BASED ON A METHODOLOGY TO BE DEVELOPED
 BY THE DIRECTOR OF THE BUDGET, IN CONSULTATION WITH THE STATE UNIVERSITY
 OF NEW YORK AND CITY UNIVERSITY OF NEW YORK.
   § 2. This act shall take effect immediately.
              

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