Bill Text: NY S05217 | 2015-2016 | General Assembly | Introduced

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Bill Title: Relates to five-year capital plans for the state university of New York and the city university of New York.

Spectrum: Bipartisan Bill

Status: (Vetoed) 2015-11-20 - VETOED MEMO.267 [S05217 Detail]

Download: New_York-2015-S05217-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
           S. 5217                                                  A. 7388
                              2015-2016 Regular Sessions
                             S E N A T E - A S S E M B L Y
                                      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    S 2. This act shall take effect immediately.