Relates to the monies of the spinal cord injury research trust fund; provides that 5.6% of monies collected by the mandatory surcharge imposed pursuant to subdivision 1 of section 1809 of the vehicle and traffic law shall be deposited in the trust fund.
STATE OF NEW YORK
________________________________________________________________________
536
2019-2020 Regular Sessions
IN ASSEMBLY(Prefiled)
January 9, 2019
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Introduced by M. of A. CAHILL -- Multi-Sponsored by -- M. of A. COOK,
CUSICK, FAHY, MONTESANO, PERRY, RA, THIELE -- read once and referred
to the Committee on Ways and Means
AN ACT to amend the state finance law, in relation to the monies of the
spinal cord injury research trust fund
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 2 of section 99-f of the state finance law, as
2 amended by chapter 612 of the laws of 1999, is amended to read as
3 follows:
4 2. The fund shall consist of all monies appropriated for its purpose,
5 all monies required by this section or any other provision of law to be
6 paid into or credited to such fund, and five and six-tenths per centum
7 of monies collected by the mandatory surcharges imposed pursuant to
8 subdivision one of section eighteen hundred nine of the vehicle and
9 traffic law in an amount not to exceed eight million five hundred thou-
10 sand dollars [collected by the mandatory surcharges imposed pursuant to
11 subdivision one of section eighteen hundred nine of the vehicle and
12 traffic law]. Nothing contained herein shall prevent the department of
13 health from receiving grants, gifts or bequests for the purposes of the
14 fund as defined in this section and depositing them into the fund
15 according to law.
16 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01973-01-9
