Amd SS85-a & 85-b, Chap 1 of 1999
Makes a technical amendment to HCRA relating to tobacco control and
insurance initiatives.
Eff. Date 04/13/2000 (see table)
Governor's Program
SPONSORS MEMO:
BILL
NUMBER: S7395
AN ACT to amend chapter
1 of the laws of 1999, relating to the New York
Health Care Reform Act
of 2000, in relation to the tobacco control and
insurance initiatives
pool
SPONSOR: RULES
PURPOSE:
This bill clarifies
language as requested by the State Comptroller
directing the portion
of Tobacco Settlement Fund receipts dedicated to
the New York Health
Care Reform Act of 2000 into the Tobacco Control and
Insurance Initiatives
Pool.
SUMMARY
OF PROVISIONS:
Section 1 ensures the
appropriate flow of tobacco settlement fund moneys
to the Tobacco Control
and Insurance Initiatives Pool.
Section 2 provides that
the bill shall be effective immediately, and
shall be deemed to be
in force on and after April 1, 2000.
EXISTING
LAW:
None.
STATEMENT
IN SUPPORT:
The enactment of this
clarifying language is necessary to maintain
continuity in State
services and financial management in the absence of
an enacted Budget for
the 2000-01 fiscal year and to maintain balance in
the 2000-01 Financial
Plan. Moreover, the Comptroller has requested that
this clarification be
made.
BUDGETARY
IMPLICATIONS:
Enactment of this bill
is needed to provide savings and revenues assumed
in the 2000-01 proposed
State Financial Plan.