A10195 Summary:

BILL NOA10195
 
SAME ASNo Same As
 
SPONSOROaks
 
COSPNSR
 
MLTSPNSR
 
Amd §72, St Fin L
 
Relates to the payment of 5% of settlement funds totaling $1,000,000 or more to the principal balance of the state's general debt service fund.
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A10195 Actions:

BILL NOA10195
 
05/16/2016referred to ways and means
06/15/2016held for consideration in ways and means
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A10195 Committee Votes:

WAYS AND MEANS Chair:Farrell DATE:06/15/2016AYE/NAY:23/10 Action: Held for Consideration
FarrellAyeOaksNay
LentolAyeCrouchNay
SchimmingerAyeBarclayNay
GanttAyeFitzpatrickNay
WeinsteinAyeSaladinoNay
GlickAyeHawleyNay
NolanExcusedDupreyNay
PretlowAyeCorwinNay
PerryAyeMalliotakisNay
ColtonAyeWalterNay
CookAye
CahillAye
AubryAye
HooperAye
ThieleAye
WrightAye
CusickAye
OrtizAye
BenedettoAye
MarkeyExcused
MoyaAye
WeprinAye
RodriguezAye
RamosAye
BraunsteinAye

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A10195 Floor Votes:

There are no votes for this bill in this legislative session.
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A10195 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10195
 
                   IN ASSEMBLY
 
                                      May 16, 2016
                                       ___________
 
        Introduced  by  M. of A. OAKS -- read once and referred to the Committee
          on Ways and Means
 
        AN ACT to amend the state finance law, in relation  to  the  payment  of
          portions  of  certain  settlement  funds  to  the state's general debt
          service fund
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Subdivision  4  of section 72 of the state finance law is
     2  amended by adding a new paragraph (c) to read as follows:
     3    (c) Five percent of any settlement money, totaling one million dollars
     4  or more, paid to the state, shall be directly applied to the debt  prin-
     5  cipal in the state's general debt service fund.
     6    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15185-01-6
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