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NY S00173

Bill

Official Source

Status

Introduced

1/5/2011

Primary Sponsor

George Maziarz

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Amends state finance law by adding Section 73-A to prohibit transfers of unexpended moneys from dedicated fee funds to other funds or accounts
  • Applies to funds that receive revenues from a dedicated fee, keep those moneys separate from other state funds, and restrict spending to a designated purpose
  • Prohibits use of unexpended moneys in such funds for any purpose other than the one designated by the fund
  • Takes effect immediately upon enactment
  • Introduced by Senators Maziarz, Larkin, and Seward on January 5, 2011

Legislative Description

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

Last Action

COMMITTED TO RULES

6/21/2012

Committee Referrals

Rules6/21/2012
Finance1/5/2011

Full Bill Text

No bill text available