Bill Text: NY S07684 | 2021-2022 | General Assembly | Introduced
Bill Title: 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.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Introduced - Dead) 2022-02-15 - REPORTED AND COMMITTED TO FINANCE [S07684 Detail]
Download: New_York-2021-S07684-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 7684 IN SENATE 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: 1 Section 1. Subdivision 8-a of section 355 of the education law, as 2 amended by section 8 of part Q of chapter 56 of the laws of 2013, is 3 amended to read as follows: 4 8-a. All monies received by state university health care facilities 5 from fees, charges, and reimbursement and from all other sources shall 6 be credited to a state university health care account in a fund to be 7 designated by the state comptroller. Notwithstanding the provision of 8 any law, rule or regulation to the contrary, a portion of such monies 9 credited may be transferred to a state university account as requested 10 by the state university chancellor or his or her designee. Monies to 11 establish reserves for long-term expenses of state university health 12 care facilities and to fulfill obligations required for any contract for 13 health care services authorized pursuant to subdivision sixteen of this 14 section may be designated by the state university as a reserve and 15 transferred to a separate contractual reserve account. The amounts in 16 such accounts shall be available for use in accordance with paragraph b 17 of subdivision four and subdivision eight of this section. Monies shall 18 only be expended from the state university health care account and the 19 contractual reserve account pursuant to appropriation. Notwithstanding 20 any provision of this chapter, the state finance law or any other law to 21 the contrary, such appropriations shall remain in full force and effect 22 for two years from the effective date of the appropriation act making 23 the appropriation. Monies so transferred may be returned to the state 24 university health care account; provided, however, that funds in such 25 contractual reserve account must be sufficient to meet the obligations 26 of all such contracts. Notwithstanding any other law, rule, or regu- 27 lation to the contrary, no state agency or state official or employee 28 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. LBD14090-01-1S. 7684 2 1 appropriate any income or funds impacting, involving, generated by, or 2 appropriated for any component of the state university, or community 3 colleges as defined by section sixty-three hundred one of this chapter 4 operating under the program of the state university, including such 5 income or funds impacting, involving, generated by, or appropriated for 6 a state university health care facility, to the general fund or any 7 other fund or account held within the auspices of the comptroller of the 8 state of New York, for prepayment, repayment, or otherwise recompense 9 for debt service costs related to a state university health care facili- 10 ty. The provisions of this subdivision shall supersede any other gener- 11 al, special or local law inconsistent therewith notwithstanding, unless 12 this section is expressly and specifically referred to in such other 13 general, special or local law. 14 § 2. This act shall take effect immediately.