Senate Bill S7684

2021-2022 Legislative Session

Relates to funds concerning state university health care facilities

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2021-S7684 (ACTIVE) - Details

See Assembly Version of this Bill:
A9084
Current Committee:
Senate Finance
Law Section:
Education Law
Laws Affected:
Amd §355, Ed L
Versions Introduced in 2023-2024 Legislative Session:
S6736, A1404

2021-S7684 (ACTIVE) - Summary

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.

2021-S7684 (ACTIVE) - Sponsor Memo

2021-S7684 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7684
 
                             I N  S E N A T E
 
                              January 7, 2022
                                ___________
 
 Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
   printed to be committed to the Committee on Higher Education
 
 AN ACT to amend the education law, in relation to funds concerning state
   university health care facilities
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.    Subdivision 8-a of section 355 of the education law, as
 amended by section 8 of part Q of chapter 56 of the  laws  of  2013,  is
 amended to read as follows:
   8-a.  All  monies  received by state university health care facilities
 from fees, charges, and reimbursement and from all other  sources  shall
 be  credited  to  a state university health care account in a fund to be
 designated by the state comptroller. Notwithstanding  the  provision  of
 any  law,  rule  or regulation to the contrary, a portion of such monies
 credited may be transferred to a state university account  as  requested
 by  the  state  university  chancellor or his or her designee. Monies to
 establish reserves for long-term expenses  of  state  university  health
 care facilities and to fulfill obligations required for any contract for
 health  care services authorized pursuant to subdivision sixteen of this
 section may be designated by the  state  university  as  a  reserve  and
 transferred  to  a  separate contractual reserve account. The amounts in
 such accounts shall be available for use in accordance with paragraph  b
 of  subdivision four and subdivision eight of this section. Monies shall
 only be expended from the state university health care account  and  the
 contractual  reserve  account pursuant to appropriation. Notwithstanding
 any provision of this chapter, the state finance law or any other law to
 the contrary, such appropriations shall remain in full force and  effect
 for  two  years  from the effective date of the appropriation act making
 the appropriation. Monies so transferred may be returned  to  the  state
 university  health  care  account; provided, however, that funds in such
 contractual reserve account must be sufficient to meet  the  obligations
 of  all  such  contracts.  NOTWITHSTANDING ANY OTHER LAW, RULE, OR REGU-
 LATION TO THE CONTRARY, NO STATE AGENCY OR STATE  OFFICIAL  OR  EMPLOYEE
 ACTING  IN  THEIR  OFFICIAL  CAPACITY,  MAY TRANSFER, LOAN, OR OTHERWISE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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