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NY A09835

Bill

Status

Introduced

2/3/2010

Primary Sponsor

Marc Alessi

Click for details

Origin

Assembly

2009-2010 General Assembly

AI Summary

  • Authorizes the comptroller to transfer moneys from the general fund to the environmental protection fund to maintain its solvency upon direction of the budget director.

  • Requires the comptroller to transfer sufficient moneys when the environmental protection fund has insufficient cash balance to finance current fiscal year appropriations and outstanding prior year obligations.

  • Limits aggregate transfers to $447,171,000.

  • Requires certification of need from the budget director, with copies filed to the senate finance committee chairperson, assembly ways and means committee chairperson, and state comptroller.

  • Takes effect April 1, 2012.

Legislative Description

Requires the comptroller to transfer money into the environmental protection fund whenever such fund has insufficient money to meet its obligations.

Last Action

held for consideration in ways and means

7/1/2010

Committee Referrals

Ways and Means5/25/2010
Environmental Conservation2/3/2010

Full Bill Text

No bill text available