New York S 1884: Relates to policies or contracts which are not included in the definition of student accident and health insurance

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S01884 Summary:

BILL NOS01884 

&nbsp

SAME ASSAME AS A07951

&nbsp

SPONSORWALCZYK

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §§179-ee & 179-y, St Fin L

&nbsp

Requires state agencies to expend funds no later than ninety days after receipt of a certificate of approval from the director of the budget; reduces the budget of an agency that violates such requirement for the upcoming fiscal year by 1% of the amount of the late award.

Go to top S01884 Actions:

BILL NOS01884 

&nbsp

01/14/2025REFERRED TO PROCUREMENT AND CONTRACTS

01/07/2026REFERRED TO PROCUREMENT AND CONTRACTS

Go to topS01884 Committee&nbspVotes:

Go to topS01884 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS01884 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 1884

 2025-2026 Regular Sessions

 IN SENATE

 January 14, 2025
 ___________

 Introduced by Sen. WALCZYK -- read twice and ordered printed, and when
 printed to be committed to the Committee on Procurement and Contracts

 AN ACT to amend the state finance law, in relation to requiring state
 agencies to expend funds no later than ninety days after receipt of a
 certificate of approval from the director of the budget

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 179-ee of the state finance law is amended by
 2 adding a new subdivision 4 to read as follows:
 3 4. A state agency shall expend funds to the organization approved to
 4 receive such funds no later than ninety days after such agency's receipt
 5 of the certificate of approval authorizing the expenditure of such
 6 funds. If an agency expends funds later than ninety days after receipt
 7 of a certificate of approval in violation of this subdivision, such
 8 agency's budget appropriated for the following fiscal year shall be
 9 reduced by one percent of the amount authorized under such certificate
 10 of approval.
 11 § 2. Subdivision 1 of section 179-y of the state finance law, as
 12 amended by chapter 292 of the laws of 2007, is amended to read as
 13 follows:
 14 1. The state comptroller shall: (a) promulgate such rules and regu-
 15 lations as may be necessary to carry out the comptroller's responsibil-
 16 ities under this article including provisions for repayment; [and] (b)
 17 develop and implement a procedure for calculating the amount of inter-
 18 est, if any, due to any not-for-profit organization pursuant to the
 19 provisions of this article; and (c) develop and implement a procedure
 20 for calculating and reporting to the governor, the senate finance
 21 committee, and the assembly ways and means committee, the amount of
 22 reduction that shall be applied to a state agency's budget in the upcom-
 23 ing fiscal year due to a failure to timely expend funds pursuant to
 24 subdivision four of section one hundred seventy-nine-ee of this article.
 25 § 3. This act shall take effect immediately and shall apply to all
 26 contracts awarded on and after such date.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05487-01-5

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps