Bill Text: NY A00536 | 2019-2020 | General Assembly | Introduced

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Bill Title: 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.

Spectrum: Slight Partisan Bill (Democrat 6-2)

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A00536 Detail]

Download: New_York-2019-A00536-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                           536
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                       (Prefiled)
                                     January 9, 2019
                                       ___________
        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