Bill Text: NY S06780 | 2017-2018 | General Assembly | Introduced
Bill Title: Establishes the board of regents institutional accreditation account to provide the framework for the state education department to spend monies received and/or revenues generated for institutional accreditation purposes.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Vetoed) 2017-12-18 - VETOED MEMO.242 [S06780 Detail]
Download: New_York-2017-S06780-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6780 2017-2018 Regular Sessions IN SENATE June 16, 2017 ___________ Introduced by Sen. LAVALLE -- (at request of the State Education Depart- ment) -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the state finance law, in relation to establishing the board of regents institutional accreditation account to provide the framework for the state education department to spend monies received and/or revenues generated for institutional accreditation purposes; and to amend the education law, in relation to services and functions relating to institutional accreditation The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The state finance law is amended by adding a new section 2 97-yyyy to read as follows: 3 § 97-yyyy. Board of regents institutional accreditation account. 1. 4 There is hereby established in the joint custody of the state comp- 5 troller and the commissioner of taxation and finance an account of the 6 miscellaneous special revenue fund to be known as the board of regents 7 institutional accreditation account. 8 2. Notwithstanding any other law, rule or regulation to the contrary, 9 the state comptroller is hereby authorized and directed to receive for 10 deposit to the credit of the board of regents institutional accredi- 11 tation option account, revenues generated pursuant to regulations of the 12 commissioner of education for services and expenses incurred by the 13 state education department in conducting accreditation of institutions 14 of higher education or appropriated or otherwise provided to the state 15 education department for such purposes. 16 § 2. Section 212 of the education law is amended by adding a new 17 subdivision 8 to read as follows: 18 8. To perform services and functions relating to institutional accred- 19 itation. 20 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13249-01-7