Provides for a June 1 to May 31 state fiscal year; makes administrative and transitional provisions therefor; requires that by April 15 of each year, the legislature must adopt a joint resolution that contains the maximum appropriations to each state agency for state operations, local assistance and capital construction.
STATE OF NEW YORK
________________________________________________________________________
5608
2015-2016 Regular Sessions
IN ASSEMBLY
March 2, 2015
___________
Introduced by M. of A. KAVANAGH -- read once and referred to the Commit-
tee on Ways and Means
AN ACT to amend the state finance law, in relation to the fiscal year of
the state and repealing section 3 of such law relating thereto
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 3 of the state finance law is REPEALED and a new
2 section 3 is added to read as follows:
3 § 3. Fiscal year. 1. The current fiscal year of the state which
4 commenced with the first day of April, two thousand fifteen, is hereby
5 extended and shall end with the thirty-first day of May, two thousand
6 sixteen. For all purposes of determining annual increments of state
7 employees pursuant to the education law, the civil service law or other
8 state law, and for all purposes whenever by law some act is to be
9 performed or time is to be measured by the fiscal year of the state, the
10 current fiscal year, as so abridged, shall be deemed to be a full year
11 unless the context clearly requires a contrary construction.
12 On and after the first day of June, two thousand sixteen, the fiscal
13 year of the state, for the purpose of budget, appropriations, receipts
14 and disbursements of state moneys and all other state affairs which are
15 regulated in accordance with or based on fiscal years, including the
16 fiscal affairs of all state departments, commissions, boards, agencies,
17 offices and institutions, shall begin with the first day of June and end
18 with the next following thirty-first day of May.
19 2. All books and accounts in the offices of the comptroller and the
20 department of taxation and finance shall be kept by fiscal years. All
21 annual accounts required to be rendered to the comptroller or to such
22 department by any person shall be closed on the thirty-first day of May
23 in each year, and be rendered as soon thereafter as practicable, if no
24 time is specially prescribed by law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD04230-01-5
A. 5608 2
1 3. Where any statute provides, in terms or effect, that any inventory
2 or account, or a report relating in whole or in part to receipts and
3 disbursements of money, be made to the legislature or any state officer
4 annually, or for a year, by a department, commission, board, or officer
5 under the state government, such inventory or account, and such report
6 so far as it relates to such receipts and disbursements, shall be for
7 the preceding fiscal year, unless the calendar year be expressly
8 mentioned.
9 4. Existing provisions of other laws describing or referring to a
10 fiscal year of the state as beginning April first and ending March thir-
11 ty-first, or making any requirement with respect to such fiscal year, or
12 referring to any year so beginning and ending which applies to invento-
13 ries or accounts in state matters, or to reports relating to state money
14 or property, shall be deemed modified by and be construed in connection
15 with this section, and be deemed to refer to a fiscal or to another year
16 or period beginning and ending as herein prescribed for a fiscal year.
17 5. On or before April fifteenth each year, the legislature shall adopt
18 a joint resolution that establishes the maximum appropriation to each
19 state agency for state operations, local assistance and capital
20 construction.
21 § 2. This act shall take effect immediately.
