A05904 Summary:

BILL NOA05904
 
SAME ASNo Same As
 
SPONSORBarclay (MS)
 
COSPNSRGiglio, Tague, Brabenec, Morinello, Manktelow, Hawley, Byrne, Walsh, Ashby, LiPetri
 
MLTSPNSRMiller ML, Salka
 
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.
Go to top    

A05904 Actions:

BILL NOA05904
 
02/20/2019referred to ways and means
01/08/2020referred to ways and means
07/17/2020held for consideration in ways and means
Go to top

A05904 Committee Votes:

WAYS AND MEANS Chair:Weinstein DATE:07/17/2020AYE/NAY:22/10 Action: Held for Consideration
WeinsteinAyeRaNay
LentolAyeCrouchNay
SchimmingerExcusedFitzpatrickNay
GlickAyeHawleyNay
NolanAyeMalliotakisNay
PretlowAyeMontesanoNay
PerryAyeBlankenbushNay
ColtonAyePalmesanoNay
CookAyeNorrisNay
CahillAyeBrabenecNay
AubryAye
CusickAye
OrtizExcused
BenedettoAye
WeprinAye
RodriguezAye
RamosAye
BraunsteinAye
McDonaldAye
RozicAye
SimotasAye
DinowitzAye
MillerAye
JoynerAye

Go to top

A05904 Floor Votes:

There are no votes for this bill in this legislative session.
Go to top

A05904 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5904
 
                               2019-2020 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 20, 2019
                                       ___________
 
        Introduced  by  M.  of  A.  BARCLAY, GIGLIO, TAGUE, BRABENEC, MORINELLO,
          MANKTELOW, HAWLEY, BYRNE -- Multi-Sponsored by -- M. of  A.  SALKA  --
          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.
                                                                   LBD09386-01-9
Go to top