What's happening
This bill prohibits the transfer or use of unspent funds from dedicated fee accounts for any purpose other than their original intent.
Why it matters
Ensures greater transparency and accountability. by making sure that fees collected for a specific purpose (like environmental protection, road maintenance, etc.) are actually used for that purpose, rather than being redirected to unrelated government spending.
Protects public trust. in government funding mechanisms, as taxpayers and fee-payers can be more confident that money they pay into dedicated funds won’t be “raided” for unrelated budget gaps or political priorities.
Could restrict state budget flexibility. , making it more difficult for the government to use surplus funds from dedicated accounts in times of fiscal emergency or need, which may have downstream effects on the broader state budget process.
Supports the integrity of dedicated programs. , since funds earmarked for specific projects or services (like infrastructure or conservation) can only be used as originally intended, potentially resulting in more consistent and reliable funding for those programs.
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Who cares
Headline styles
Protect Dedicated Fund Money
Plain English, a few words. Used as the page title.
Sponsors
8 Co-sponsors
3 Multi-sponsors
History
- Held for consideration in ways and means
- Referred to ways and means
- Referred to ways and means
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Keep Fees in Dedicated Funds
In Senate Committee · Finance · Sponsor Robert Ortt
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1561
2017-2018 Regular Sessions
IN ASSEMBLY
January 12, 2017
Introduced by M. of A. HAWLEY, LOPEZ, CROUCH, BARCLAY, FINCH, McKEVITT, SALADINO, BUTLER, RAIA, KOLB, GIGLIO -- Multi-Sponsored by -- M. of A. McDONOUGH, McLAUGHLIN, OAKS, THIELE -- read once and referred to the Committee on Ways and Means
AN ACT to amend the state finance law, in relation to prohibiting the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The state finance law is amended by adding a new section 73-a to read as follows:
§ 73-a. Transfer of funds. Notwithstanding any provision of law to the contrary, unexpended moneys in any fund that:
1. receives revenues from a dedicated fee;
2. provides that moneys in the fund shall be kept separate from and shall not be commingled with other moneys in the custody of the comptroller; and
3. provides that moneys in the fund shall be expended only for the purpose designated in the fund shall not be transferred to any other fund or account or used for any purpose other than that designated by the fund.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02273-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.