NY S03546 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 8 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO TRANSPORTATION
Pending: Senate Transportation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 8 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO TRANSPORTATION
Pending: Senate Transportation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relates to indexing of appropriations; provides that on and after January first, two thousand twenty-one and on each following January first, the commissioner shall index the level of such appropriations for subsequent state fiscal years based on the national highway construction cost index for the most recent twelve month period; provides that the commissioner shall increase appropriations by the rate of inflation for the most recent twelve month period that is available at the time the adjusted rate is calculated and announced using the national highway construction cost index, or a successor index as calculated by the United States federal highway administration, if such rate of inflation is greater than zero percent.
Title
Relates to indexing of appropriations; provides that on and after January first, two thousand twenty-one and on each following January first, the commissioner shall index the level of such appropriations for subsequent state fiscal years based on the national highway construction cost index for the most recent twelve month period; provides that the commissioner shall increase appropriations by the rate of inflation for the most recent twelve month period that is available at the time the adjusted rate is calculated and announced using the national highway construction cost index, or a successor index as calculated by the United States federal highway administration, if such rate of inflation is greater than zero percent.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-01-08 | Senate | REFERRED TO TRANSPORTATION |
2019-02-08 | Senate | REFERRED TO TRANSPORTATION |