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NY A01354
Bill
Status
Introduced
1/5/2011
Primary Sponsor
Stephen Hawley
Click for details
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