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NY A06434
Bill
Status
Introduced
3/16/2011
Primary Sponsor
Donald Miller
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AI Summary
- Establishes an annual state operating funds spending cap set at the previous year's enacted budget amount, beginning the first fiscal year after the law takes effect
- Prohibits the Governor from submitting and the Legislature from enacting any budget that increases state operating funds spending over the prior fiscal year
- Requires the Governor to certify in writing that the executive budget does not exceed the prior year's spending level
- Directs the Comptroller to determine within five days of legislative budget action whether spending exceeds the cap, with the Legislature required to take corrective action if it does
- Allows the Governor to declare an emergency by executive order to bypass the spending cap if approved by the Legislature with a two-thirds supermajority vote
Legislative Description
Creates a cap on state spending.
Last Action
held for consideration in ways and means
6/19/2012
Committee Referrals
Ways and Means3/16/2011
Full Bill Text
No bill text available