Bill Text: NY S03548 | 2019-2020 | General Assembly | Amended
Bill Title: Relates to five-year capital plans for the state university of New York and the city university of New York.
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: (Engrossed - Dead) 2020-02-03 - referred to higher education [S03548 Detail]
Download: New_York-2019-S03548-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 3548--A 2019-2020 Regular Sessions IN SENATE February 8, 2019 ___________ Introduced by Sens. STAVISKY, LAVALLE, ADDABBO -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- recommitted to the Committee on Finance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee 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 twenty- 4 one and every fifth fiscal year thereafter, the governor shall submit to 5 the legislature as part of the annual executive budget, five-year capi- 6 tal plans for the state university of New York state-operated campuses 7 and city university of New York senior colleges. Such plans shall 8 provide for the annual appropriation of capital funds to cover one 9 hundred percent of the annual critical maintenance needs identified by 10 each university system, and may include funds for new infrastructure or 11 other major capital initiatives, provided that such funding for new 12 infrastructure or other major capital initiatives shall not count 13 towards meeting the overall critical maintenance requirement. In the 14 event that such plan is unable to fund one hundred percent of the crit- 15 ical maintenance needs due to the limitation imposed by article five-B 16 of this chapter, the director of the budget shall develop five-year 17 capital plans whereby the implementation of each capital plan would 18 annually reduce the overall facility condition index (FCI) for each 19 university system. For the purposes of this subdivision, "facility 20 condition index" shall mean an industry benchmark that measures the 21 ratio of deferred maintenance dollars to replacement dollars for the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05692-02-0S. 3548--A 2 1 purposes of analyzing the effect of investing in facility improvements. 2 The apportionment of capital appropriations to each state-operated 3 campus or senior college shall be based on a methodology to be developed 4 by the director of the budget, in consultation with the state university 5 of New York and city university of New York. 6 § 2. This act shall take effect immediately.