Bill Text: NY A00868 | 2011-2012 | General Assembly | Introduced
Bill Title: Provides for a May 1 to April 30 state fiscal year; makes administrative and transitional provisions therefor.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2011-05-11 - enacting clause stricken [A00868 Detail]
Download: New_York-2011-A00868-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 868 2011-2012 Regular Sessions I N A S S E M B L Y (PREFILED) January 5, 2011 ___________ Introduced by M. of A. DESTITO, LUPARDO -- read once and referred to the Committee on Ways and Means AN ACT to amend the state finance law, in relation to the fiscal year of the state and repealing section 3 of such law relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 3 of the state finance law is REPEALED and a new 2 section 3 is added to read as follows: 3 S 3. FISCAL YEAR. 1. THE CURRENT FISCAL YEAR OF THE STATE WHICH 4 COMMENCED WITH THE FIRST DAY OF APRIL, FOLLOWING THE EFFECTIVE DATE OF 5 THIS SECTION, IS HEREBY EXTENDED AND SHALL END WITH THE THIRTIETH DAY OF 6 APRIL OF THE NEXT SUCCEEDING YEAR. FOR ALL PURPOSES OF DETERMINING ANNU- 7 AL INCREMENTS OF STATE EMPLOYEES PURSUANT TO THE EDUCATION LAW, THE 8 CIVIL SERVICE LAW OR OTHER STATE LAW, AND FOR ALL PURPOSES WHENEVER BY 9 LAW SOME ACT IS TO BE PERFORMED OR TIME IS TO BE MEASURED BY THE FISCAL 10 YEAR OF THE STATE, THE CURRENT FISCAL YEAR, AS SO ABRIDGED, SHALL BE 11 DEEMED TO BE A FULL YEAR UNLESS THE CONTEXT CLEARLY REQUIRES A CONTRARY 12 CONSTRUCTION. 13 ON AND AFTER THE FIRST DAY OF MAY FOLLOWING THE EFFECTIVE DATE OF THIS 14 SECTION, THE FISCAL YEAR OF THE STATE, FOR THE PURPOSE OF BUDGET, APPRO- 15 PRIATIONS, RECEIPTS AND DISBURSEMENTS OF STATE MONEYS AND ALL OTHER 16 STATE AFFAIRS WHICH ARE REGULATED IN ACCORDANCE WITH OR BASED ON FISCAL 17 YEARS, INCLUDING THE FISCAL AFFAIRS OF ALL STATE DEPARTMENTS, COMMIS- 18 SIONS, BOARDS, AGENCIES, OFFICES AND INSTITUTIONS, SHALL BEGIN WITH THE 19 FIRST DAY OF MAY AND END WITH THE NEXT FOLLOWING THIRTIETH DAY OF APRIL. 20 2. ALL BOOKS AND ACCOUNTS IN THE OFFICES OF THE COMPTROLLER AND THE 21 DEPARTMENT OF TAXATION AND FINANCE SHALL BE KEPT BY FISCAL YEARS. ALL 22 ANNUAL ACCOUNTS REQUIRED TO BE RENDERED TO THE COMPTROLLER OR TO SUCH 23 DEPARTMENT BY ANY PERSON SHALL BE CLOSED ON THE THIRTIETH DAY OF APRIL EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01831-01-1 A. 868 2 1 IN EACH YEAR, AND BE RENDERED AS SOON THEREAFTER AS PRACTICABLE, IF NO 2 TIME IS SPECIALLY PRESCRIBED BY LAW. 3 3. WHERE ANY STATUTE PROVIDES, IN TERMS OR EFFECT, THAT ANY INVENTORY 4 OR ACCOUNT, OR A REPORT RELATING IN WHOLE OR IN PART TO RECEIPTS AND 5 DISBURSEMENTS OF MONEY, BE MADE TO THE LEGISLATURE OR ANY STATE OFFICER 6 ANNUALLY, OR FOR A YEAR, BY A DEPARTMENT, COMMISSION, BOARD, OR OFFICER 7 UNDER THE STATE GOVERNMENT, SUCH INVENTORY OR ACCOUNT, AND SUCH REPORT 8 SO FAR AS IT RELATES TO SUCH RECEIPTS AND DISBURSEMENTS, SHALL BE FOR 9 THE PRECEDING FISCAL YEAR, UNLESS THE CALENDAR YEAR BE EXPRESSLY 10 MENTIONED. 11 4. EXISTING PROVISIONS OF OTHER LAWS DESCRIBING OR REFERRING TO A 12 FISCAL YEAR OF THE STATE AS BEGINNING APRIL FIRST AND ENDING MARCH THIR- 13 TY-FIRST, OR MAKING ANY REQUIREMENT WITH RESPECT TO SUCH FISCAL YEAR, OR 14 REFERRING TO ANY YEAR SO BEGINNING AND ENDING WHICH APPLIES TO INVENTO- 15 RIES OR ACCOUNTS IN STATE MATTERS, OR TO REPORTS RELATING TO STATE MONEY 16 OR PROPERTY, SHALL BE DEEMED MODIFIED BY AND BE CONSTRUED IN CONNECTION 17 WITH THIS SECTION, AND BE DEEMED TO REFER TO A FISCAL OR TO ANOTHER YEAR 18 OR PERIOD BEGINNING AND ENDING AS PRESCRIBED IN THIS SECTION FOR A 19 FISCAL YEAR. 20 S 2. This act shall take effect immediately.