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Senate Bill S8543

2021-2022 Legislative Session

Suspends the savings plan demonstration project in the city of New York; extends the effectiveness of the savings plan demonstration project in the city of New York

download bill text pdf

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Archive: Last Bill Status - In Senate Committee Social Services Committee

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2021-S8543 (ACTIVE) - Details

Current Committee:
Senate Social Services
Law Section:
Social Services Law
Laws Affected:
Amd §36-c, Soc Serv L; amd Part K §2, Chap 58 of 2010

2021-S8543 (ACTIVE) - Summary

Suspends the savings plan demonstration project in the city of New York; extends the effectiveness of the savings plan demonstration project in the city of New York.

2021-S8543 (ACTIVE) - Sponsor Memo

2021-S8543 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8543
 
                             I N  S E N A T E
 
                              March 10, 2022
                                ___________
 
 Introduced  by  Sen. PERSAUD -- read twice and ordered printed, and when
   printed to be committed to the Committee on Social Services
 
 AN ACT to amend the social services law, in relation to  suspending  the
   savings  plan  demonstration  project  in the city of New York; and to
   amend part K of chapter 58 of the laws of 2010,  amending  the  social
   services  law, relating to establishing the savings plan demonstration
   project, in relation to the effectiveness thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  36-c  of  the  social services law is amended by
 adding a new subdivision 5 to read as follows:
   5. NOTWITHSTANDING ANY OTHER PROVISION OF THIS  SECTION,  SUCH  SOCIAL
 SERVICES  DISTRICT  SHALL  SUSPEND  IMPLEMENTATION  OF THE DEMONSTRATION
 PROGRAM ON THE EFFECTIVE DATE OF THIS SUBDIVISION,  PROVIDED  THAT:  (A)
 THE  RECIPIENT'S  NEED  FOR  THE  SHELTER COMPONENT OF TEMPORARY HOUSING
 ASSISTANCE SHALL NOT BE REDUCED BY THE PORTION OF A  RECIPIENT'S  EARNED
 INCOME THAT THE RECIPIENT WOULD HAVE BEEN REQUIRED UNDER SUBDIVISION TWO
 OF  THIS  SECTION  TO DEPOSIT IN A SAVINGS PLAN; AND (B) FUNDS COLLECTED
 FROM RECIPIENTS PURSUANT TO THIS SECTION PRIOR TO THE EFFECTIVE DATE  OF
 THIS SUBDIVISION SHALL CONTINUE TO BE TREATED AND MADE PAYABLE TO RECIP-
 IENTS  IN  ACCORDANCE  WITH  THE PROVISIONS OF SUBDIVISION THREE OF THIS
 SECTION.
   § 2. Subdivision c of section 2 of part K of chapter 58 of the laws of
 2010, amending the social services law,  relating  to  establishing  the
 savings  plan  demonstration project, as amended by section 2 of part DD
 of chapter 56 of the laws of 2018, is amended to read as follows:
   c. this act shall expire and be deemed repealed March 31, [2022] 2030.
   § 3. This act shall take effect immediately  provided,  however,  that
 the  amendments  to  section  36-c  of  the  social services law made by
 section one of this act shall not affect the repeal of such section  and
 shall be deemed repealed therewith.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15009-01-2

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