What's happening
This bill increases the percentage of mandatory vehicle and traffic law surcharges allocated to the spinal cord injury research trust fund to 5.6%.
Why it matters
Increases funding for spinal cord injury research. by raising the share of vehicle and traffic law surcharge revenues directed to the trust fund, potentially enabling more research grants and program expansion.
May impact the state budget and other programs. that rely on surcharge revenues, as a larger portion is now earmarked for spinal cord injury research, potentially reducing available funds for other uses.
Signals legislative prioritization of spinal cord injury research. , which could lead to advancements in treatment, rehabilitation, and quality of life improvements for individuals affected by spinal cord injuries.
Retains a cap ($8.5 million) on surcharge-derived funding. , maintaining some fiscal oversight and predictability for annual fund allocations despite the increased percentage.
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Who cares
Headline styles
Increase Spinal Cord Research Funds
Plain English, a few words. Used as the page title.
Sponsors
Senator · Senate District 42
History
- Referred to finance
- Referred to finance
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.
Increase Spinal Injury Research Funds
In Assembly Committee · Ways And Means · Sponsor Kevin Cahill
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1028
2017-2018 Regular Sessions
IN SENATE
January 6, 2017
Introduced by Sens. BONACIC, GALLIVAN, HOYLMAN, LARKIN -- read twice and ordered printed, and when printed to be committed to the Committee on Finance
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 Assembly, do enact as follows:
Section 1. Subdivision 2 of section 99-f of the state finance law, as amended by chapter 612 of the laws of 1999, is amended to read as follows:
2. The fund shall consist of all monies appropriated for its purpose, all monies required by this section or any other provision of law to be paid into or credited to such fund, and five and six-tenths per centum of monies collected by the mandatory surcharges imposed pursuant to subdivision one of section eighteen hundred nine of the vehicle and traffic law in an amount not to exceed eight million five hundred thousand dollars [collected by the mandatory surcharges imposed pursuant to subdivision one of section eighteen hundred nine of the vehicle and traffic law]. Nothing contained herein shall prevent the department of health from receiving grants, gifts or bequests for the purposes of the fund as defined in this section and depositing them into the fund according to law.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01332-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the state finance law, in relation to the monies of the spinal cord injury research trust fund
Purpose or general idea of bill
To establish a minimum annual level of funding for the Spinal Cord Injury Research Trust Fund.
Summary of specific provisions
Section 1: Amends subdivision 2 of section 99-f of the State Finance Law, to require that five and six- tenths percent (5.6%) of the revenue New York State collects from the mandatory surcharges imposed on motor vehicle violations pursuant to subdivision one of section eighteen hundred nine of the vehicle and traffic law be allocated to the Spinal Cord Injury Research Trust Fund.
Section 2: Effective date.
Justification
Chapter 338 of the laws of 1998 created the Spinal Cord Injury Research Trust Fund with the intent that up to $8.5 million per year would be allocated to it out of the mandatory surcharge imposed by the state on motor vehicle moving violations. The Spinal Cord Injury Research Board would then distribute grants to worthwhile research projects related to spinal cord injuries. However, in recent years it has been funded at lower levels. This legislation would establish a minimum annual level of funding for the Spinal Cord Injury Research Trust Fund.
Prior legislative history
S:1632 of 2016: Died in Senate Finance, Died in Assembly Ways and Means S.1632 of 2015: Died in Senate Finance, Died in Assembly Ways and Means S.1883 of 2014: Died in Senate Finance, Died in Assembly Ways and Means S.1883 of 2013: Died in Senate Finance, Died in Assembly Ways and Means S.4934 of 2012: Died on Senate Floor Calendar, Died in Assembly Rules S.4934 of 2011: Died in Senate Finance, Died in Assembly Ways and Means
Fiscal implications
Cost to State: 5.6% of the revenue collected from mandatory surcharges on motor vehicle moving violations up to $8.5 million annually for the Spinal Cord Research Trust Fund.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.