STATE OF NEW YORK
________________________________________________________________________
S. 5217 A. 7388
2015-2016 Regular Sessions
SENATE - ASSEMBLY
May 7, 2015
___________
IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print-
ed, and when printed to be committed to the Committee on Finance
IN ASSEMBLY -- Introduced by M. of A. GLICK -- read once and referred to
the Committee on Higher Education
AN ACT to amend the state finance law, in relation to five-year capital
plans for the state university of New York and the city university of
New York
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 22-c of the state finance law is amended by adding
2 a new subdivision 7 to read as follows:
3 7. For the fiscal year beginning on April first, two thousand sixteen
4 and every fifth fiscal year thereafter, the governor shall submit to the
5 legislature as part of the annual executive budget, five-year capital
6 plans for the state university of New York state-operated campuses and
7 city university of New York senior colleges. Such plans shall provide
8 for the annual appropriation of capital funds to cover one hundred
9 percent of the annual critical maintenance needs identified by each
10 university system, and may include funds for new infrastructure or other
11 major capital initiatives, provided that such funding for new infras-
12 tructure or other major capital initiatives shall not count towards
13 meeting the overall critical maintenance requirement. In the event that
14 such plan is unable to fund one hundred percent of the critical mainte-
15 nance needs due to the limitation imposed by article five-B of this
16 chapter, the director of the budget shall develop five-year capital
17 plans whereby the implementation of each capital plan would annually
18 reduce the overall facility condition index (FCI) for each university
19 system. For the purposes of this subdivision, "facility condition index"
20 shall mean an industry benchmark that measures the ratio of deferred
21 maintenance dollars to replacement dollars for the purposes of analyzing
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10533-01-5
S. 5217 2 A. 7388
1 the effect of investing in facility improvements. The apportionment of
2 capital appropriations to each state-operated campus or senior college
3 shall be based on a methodology to be developed by the director of the
4 budget, in consultation with the state university of New York and city
5 university of New York.
6 § 2. This act shall take effect immediately.
