STATE OF NEW YORK ________________________________________________________________________ 3548 2019-2020 Regular Sessions IN SENATE February 8, 2019 ___________ Introduced by Sens. STAVISKY, LAVALLE -- 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 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 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 22 the effect of investing in facility improvements. The apportionment of 23 capital appropriations to each state-operated campus or senior college 24 shall be based on a methodology to be developed by the director of the 25 budget, in consultation with the state university of New York and city 26 university of New York. 27 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05692-01-9