New York A 7012: Expands who the director of budget shall report to in regard to the healthcare stability fund

Bill Text

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A07012 Summary:

BILL NOA07012 

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SAME ASNo Same As

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SPONSORRa

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COSPNSRJensen

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MLTSPNSR

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Amd §99-rr, St Fin L

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Expands who the director of budget shall report to in regard to the healthcare stability fund; expands the criteria of reporting requirements.

Go to top A07012 Actions:

BILL NOA07012 

&nbsp

03/18/2025referred to ways and means

01/07/2026referred to ways and means

Go to topA07012 Committee&nbspVotes:

Go to topA07012 Floor&nbspVotes:

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

Go to topA07012 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7012

 2025-2026 Regular Sessions

 IN ASSEMBLY

 March 18, 2025
 ___________

 Introduced by M. of A. RA, JENSEN -- read once and referred to the
 Committee on Ways and Means

 AN ACT to amend the state finance law, in relation to requiring addi-
 tional reporting requirements on expenditures related to the health-
 care stability fund

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

 1 Section 1. Subdivision 6 of section 99-rr of the state finance law, as
 2 added by section 2 of part II of chapter 57 of the laws of 2024, is
 3 amended to read as follows:
 4 6. (a) The director of the budget shall provide quarterly reports to
 5 the speaker of the assembly, the temporary president of the senate, the
 6 chair of the senate finance committee [and], the chair of the assembly
 7 ways and means committee, the minority leader of the assembly, the
 8 minority leader of the senate, the ranking member of the assembly ways
 9 and means committee and the ranking member of the senate finance commit-
 10 tee on the receipts and distributions of the healthcare stability fund,
 11 including:
 12 (i) an itemization of such receipts and disbursements[,];
 13 (ii) the historical and projected expenditures[, and];
 14 (iii) the projected fund balance[.]; and
 15 (iv) the award of any grants from the healthcare stability fund not
 16 including any across-the-board rate increases, including, but not limit-
 17 ed to, the following information:
 18 (1) the name of the recipient;
 19 (2) the amount of the award; and
 20 (3) the date of the award.
 21 (b) Such quarterly reports shall be published on the department of
 22 health's website within thirty days of the end of each quarter.
 23 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10227-02-5

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