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NY A01404
Bill
Status
1/17/2023
Primary Sponsor
Pamela Hunter
Click for details
AI Summary
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Prohibits any state agency, official, or employee from transferring, loaning, or appropriating funds from state university or community college operations to the state general fund or comptroller accounts for debt service costs related to state university health care facilities
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Protects income and funds generated by or appropriated for state university health care facilities from being used for prepayment, repayment, or recompense of debt service costs
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Requires that contractual reserve accounts established for state university health care facilities remain sufficient to meet all contract obligations
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Specifies that appropriations to the state university health care account remain in full force and effect for two years from the effective date
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Takes effect immediately upon enactment
Legislative Description
Relates to funds concerning state university health care facilities; prohibits the use of such funds for payment of certain debts related to a state university health care facility.
Last Action
referred to higher education
1/3/2024