A BUDGET BILL submitted by the Governor
in accordance with Article VII of the Constitution
AN ACT to amend chapter 57 of the laws of 2007, relating to providing for the administration of certain funds and accounts related to the 2007-2008 budget, in relation to authorizing certain payments and transfers
Purpose: This bill is intended to facilitate implementation of the 2007-08 State budget by amending Chapter 57 of the Laws of 2007 to transfer an additional $3 million in General Fund Public Transportation Operating Assistance for Upstate Transit.
Section 1 of this bill would increase the General Fund transfer to the Mass Transportation Operating Assistance Fund (313) Public Transportation Systems Account (01) by $3 million to support both the Mass Transportation Operating Program (18-b) and the Mass Transportation Operating Assistance Fund Program (Non 18-b) in the Department of Transportation Aid to Localities Budget.
Section 2 provides that the bill shall take effect immediately and be deemed to have been in full force and effect on and after April 1, 2007.
Existing Law: This is a new bill.
Statement in Support: Enactment of this bill is necessary to provide funding for liabilities occurring in the 2007-08 fiscal year that exceed budgeted resources, and to otherwise facilitate complete implementation of the 2007-08 budget.
Budget Implications: The provisions of this bill are accommodated in the current Financial Plan for 2007-08.