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NY S03910
Bill
Status
Introduced
2/21/2019
Primary Sponsor
Christopher Jacobs
Click for details
AI Summary
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Prohibits diversion of funds from the dedicated highway and bridge trust fund to the general fund or any other state fund
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Requires all state officers with custody or investment responsibility for the fund to be prohibited from transferring fund assets unless authorized by statute
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Mandates that any legislation diverting funds from the trust fund must include a diversion impact statement containing the diversion amount, cumulative total since inception, and dates of diversion
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Takes effect immediately upon enactment
Legislative Description
Prohibits the transfer of dedicated highway and bridge trust fund balances.
Last Action
RECOMMIT, ENACTING CLAUSE STRICKEN
8/11/2020
Committee Referrals
Finance2/21/2019
Full Bill Text
No bill text available