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Senate Bill S10167

Signed By Governor

2025-2026 Legislative Session

Relates to the administration of certain funds and accounts related to the 2026-2027 budget, authorizing certain payments and transfers

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Current Bill Status - Signed by Governor

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2025-S10167 (ACTIVE) - Details

See Assembly Version of this Bill:
A11251
Law Section:
Budget Bills

2025-S10167 (ACTIVE) - Summary

Provides for the administration of certain funds and accounts related to the 2026-2027 budget, authorizing certain loans, payments and transfers.

2025-S10167 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10167
 
                             I N  S E N A T E
 
                                May 4, 2026
                                ___________
 
 Introduced by Sen. SERRANO -- (at request of the Governor) -- read twice
   and ordered printed, and when printed to be committed to the Committee
   on Rules
 
 AN  ACT  providing  for the administration of certain funds and accounts
   related to the 2026-2027  budget,  authorizing  certain  payments  and
   transfers;  and  providing  for the repeal of such provisions upon the
   expiration thereof

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. The state comptroller is hereby authorized and directed to
 loan money in accordance with the provisions set forth in subdivision  5
 of  section  4  of  the  state finance law to the following funds and/or
 accounts:
   1. Transit authorities account (20851).
   2. Railroad account (20852).
   3. Non-MTA capital account (20853).
   4. Public transportation systems account (21401).
   § 2. Notwithstanding any law to the contrary, and in  accordance  with
 section 4 of the state finance law, the comptroller is hereby authorized
 and directed to transfer, upon request of the director of the budget, on
 or  before March 31, 2027, up to the unencumbered balance or the follow-
 ing amounts:
   1. $48,850,000 from the general fund to the MTA  financial  assistance
 fund, mobility tax trust account (23651).
   §  3.  This  act shall take effect immediately; provided however, that
 upon enactment of legislation constituting the 2026-27 budget  this  act
 shall cease to have force and effect and shall be deemed repealed.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD12036-01-6

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