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NY S05637

Bill

Status

Engrossed

6/15/2015

Primary Sponsor

James Seward

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Creates a distinctive "Cystic Fibrosis Foundation" license plate available to New York state residents upon request, issued with a regular registration fee plus an additional $25 annual service charge.

  • Establishes the cystic fibrosis research and education fund in the joint custody of the Commissioner of Taxation and Finance and the Comptroller, funded by the $25 annual service charge and other grants or donations.

  • Restricts fund expenditures to cystic fibrosis research projects and education projects approved by the Department of Health, with the Commissioner of Health required to approve all vouchers for disbursement.

  • Requires the Comptroller to certify annual fund deposits to legislative leaders by February 1st, and the Commissioner of Health to submit an annual written report detailing fund disbursements, award recipients, and a financial plan.

  • Requires a $6,000 surety bond for plate design and production unless 200 or more advance orders with service charges are received; if fewer than 200 plates are sold within two years, the bond may be partially recovered.

Legislative Description

Relates to the creation of the cystic fibrosis foundation license plate and cystic fibrosis research and education fund.

Last Action

SUBSTITUTED BY A8165A

6/15/2016

Committee Referrals

Rules6/7/2016
Finance5/24/2016
Transportation1/6/2016
Rules6/15/2015
Finance6/2/2015
Transportation5/21/2015

Full Bill Text

No bill text available