S T A T E   O F   N E W   Y O R K
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                                   4402
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             February 4, 2025
                                ___________
 
 Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
   printed to be committed to the Committee on Higher Education
 
 AN ACT to amend the education law, in relation to funds concerning state
   university health care facilities
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.    Subdivision 8-a of section 355 of the education law, as
 amended by section 8 of part Q of chapter 56 of the  laws  of  2013,  is
 amended to read as follows:
   8-a.  All  monies  received by state university health care facilities
 from fees, charges, and reimbursement and from all other  sources  shall
 be  credited  to  a state university health care account in a fund to be
 designated by the state comptroller. Notwithstanding  the  provision  of
 any  law,  rule  or regulation to the contrary, a portion of such monies
 credited may be transferred to a state university account  as  requested
 by  the  state  university  chancellor  or  [his or her] THEIR designee.
 Monies to establish reserves for long-term expenses of state  university
 health  care  facilities  and  to  fulfill  obligations required for any
 contract for health care services  authorized  pursuant  to  subdivision
 sixteen  of  this section may be designated by the state university as a
 reserve and transferred to a separate contractual reserve  account.  The
 amounts  in  such accounts shall be available for use in accordance with
 paragraph b of subdivision four and subdivision eight of  this  section.
 Monies  shall  only  be  expended  from the state university health care
 account and the contractual reserve account pursuant  to  appropriation.
 Notwithstanding  any provision of this chapter, the state finance law or
 any other law to the contrary, such appropriations shall remain in  full
 force  and effect for two years from the effective date of the appropri-
 ation act  making  the  appropriation.  Monies  so  transferred  may  be
 returned to the state university health care account; provided, however,
 that  funds  in  such  contractual reserve account must be sufficient to
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08573-01-5
              

 S. 4402                             2
 
 meet the obligations of all such contracts.  NOTWITHSTANDING  ANY  OTHER
 LAW, RULE, OR REGULATION TO THE CONTRARY, NO STATE AGENCY OR STATE OFFI-
 CIAL  OR EMPLOYEE ACTING IN THEIR OFFICIAL CAPACITY, MAY TRANSFER, LOAN,
 OR  OTHERWISE  APPROPRIATE  ANY  INCOME  OR  FUNDS IMPACTING, INVOLVING,
 GENERATED BY, OR APPROPRIATED FOR ANY COMPONENT OF THE STATE UNIVERSITY,
 OR COMMUNITY COLLEGES AS DEFINED BY SECTION SIXTY-THREE HUNDRED  ONE  OF
 THIS  CHAPTER  OPERATING  UNDER  THE  PROGRAM  OF  THE STATE UNIVERSITY,
 INCLUDING SUCH INCOME OR FUNDS IMPACTING, INVOLVING,  GENERATED  BY,  OR
 APPROPRIATED FOR A STATE UNIVERSITY HEALTH CARE FACILITY, TO THE GENERAL
 FUND  OR ANY OTHER FUND OR ACCOUNT HELD WITHIN THE AUSPICES OF THE COMP-
 TROLLER OF THE STATE OF NEW YORK, FOR PREPAYMENT, REPAYMENT,  OR  OTHER-
 WISE  RECOMPENSE  FOR  DEBT  SERVICE COSTS RELATED TO A STATE UNIVERSITY
 HEALTH CARE FACILITY. THE PROVISIONS OF THIS SUBDIVISION SHALL SUPERSEDE
 ANY OTHER GENERAL, SPECIAL OR LOCAL LAW INCONSISTENT THEREWITH  NOTWITH-
 STANDING,  UNLESS THIS SECTION IS EXPRESSLY AND SPECIFICALLY REFERRED TO
 IN SUCH OTHER GENERAL, SPECIAL OR LOCAL LAW.
   § 2. This act shall take effect immediately.