Loading chat...

NY A01354

Bill

Status

Introduced

1/5/2011

Primary Sponsor

Stephen Hawley

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Amends State Finance Law by adding Section 73-A to prohibit transfer of unexpended moneys from dedicated fee funds to any other fund or account
  • Applies to funds that receive revenues from a dedicated fee, require moneys be kept separate from other state moneys, and restrict spending to designated purposes only
  • Prevents use of unexpended moneys in qualifying dedicated fee funds for any purpose other than the purpose originally designated for the fund
  • Takes effect immediately upon enactment

Legislative Description

Prohibits the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund.

Last Action

held for consideration in ways and means

6/19/2012

Committee Referrals

Ways and Means1/5/2011

Full Bill Text

No bill text available