reglab/statecodes huggingface dataset:
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 40-A - Repayment of Advances.

§  40-a.  Repayment  of  advances. 1. Notwithstanding any inconsistent
  provision of this chapter or of any other general, special or local law,
  every appropriation of state funds hereafter made as an advance to or on
  behalf of any  agency,  authority,  fund  or  corporation  continued  or
  created  by  the public authorities law or by any other act or law shall
  be identified as an advance, and shall provide that in  any  event,  and
  notwithstanding  a  repayment schedule, the unpaid balance of any moneys
  appropriated as an advance shall be repaid  to  the  state  out  of  the
  proceeds  of  the  first bonds issued by such agency, authority, fund or
  corporation subsequent to the effective date of such appropriation.
2. No part of any appropriation made as an advance  pursuant  to  this
  section  shall  be  available  for expenditure until a written repayment
  agreement is entered into by the agency, authority, fund or  corporation
  to  which the appropriation is made and the director of the budget. Each
  and every such repayment agreement shall include  a  repayment  schedule
  which  states  the date or dates on which the amount of each part or all
  of the appropriation made as an advance shall be repaid to the state and
  meets such other terms and conditions as determined by the  director  of
  the  budget.   A copy of each such executed repayment agreement shall be
  filed with the chairman of the senate finance committee, the chairman of
  the assembly ways and means committee, and the comptroller.
3. The state comptroller shall  at  the  commencement  of  each  month
  certify  to  the  director  of  the  budget,  the chairman of the senate
  finance committee and the  chairman  of  the  assembly  ways  and  means
  committee,  and  the  chief  executive officer of the agency, authority,
  fund or corporation to which  the  appropriation  is  made  the  amounts
  expended   from   such   appropriation  for  the  month  preceding  such
  certification.
4. Repayment of amounts expended from appropriations  as  advances  by
  the  state  shall  be received by the state comptroller and deposited in
  the treasury.  Such repayment shall, in total, be  sufficient  to  fully
  reimburse the state for the advances.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 41 - Indebtedness Not to Be Contracted Without Appropriation.

§  41.  Indebtedness  not  to be contracted without appropriation.  No
  state officer, employee, board, department or commission shall  contract
  indebtedness on behalf of the state, nor assume to bind the state, in an
  amount  in excess of money appropriated or otherwise lawfully available.
  This section shall not  apply  to  a  case  where  a  statute  expressly
  authorizes  the  making  of a contract or contracts for a stated maximum
  amount which exceeds the money appropriateed or otherwise available  for
  payments thereon.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 42 - Limitation on Expenditures.

§ 42. Limitation on expenditures.  The several amounts appropriated in
  any  act  shall  be  deemed  to  be only for so much thereof as shall be
  sufficient  to  accomplish  in  full  the  purposes  designated  by  the
  appropriations  and  shall  be  paid  by  the  division of the treasury,
  department of  taxation  and  finance,  from  the  respective  funds  as
  specified, pursuant to the requirements of this chapter. It shall be the
  duty of the comptroller to report annually to the legislature the detail
  of the several expenditures.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 43 - Specific Appropriations Limited as to Use; Certain Appropriations to Be Specific.

§   43.   Specific   appropriations   limited   as   to  use;  certain
  appropriations to be specific. Money appropriated for a specific purpose
  shall not be used for any other purpose, and the comptroller  shall  not
  draw  a  warrant  for  the  payment  of  any sum appropriated, unless it
  clearly appears from the detailed statement  presented  to  him  by  the
  person demanding the same as required by this chapter, that the purposes
  for   which   such  money  is  demanded  are  those  for  which  it  was
  appropriated. The comptroller shall not  audit  any  claim  for  salary,
  labor  or  wages,  unless  an  appropriation applicable thereto has been
  already  made  specifying  the  amount  thereof  appropriated  for  such
  purpose.
Except  as  otherwise  expressly  provided,  the comptroller shall not
  audit any claim or account or draw a warrant for the payment  of  moneys
  for  the  purchase  of an aircraft intended primarily for the purpose of
  carrying passengers or the rent of an aircraft for such  purpose  for  a
  period  longer  than  ten  days. The provision of this section shall not
  apply to the  necessary  rental  of  automobiles  for  construction  and
  maintenance  work  on  the  highways  of the state or for grade crossing
  elimination work.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 43-A - Payment of Judgments of the Court of Claims in Certain Cases Arising Out of the Appropriation of Property by the State.

§  43-a.  Payment of judgments of the court of claims in certain cases
  arising out of the appropriation of property by the state.   Whenever  a
  judgment  of  the  court  of  claims  is  rendered against the state for
  damages arising out of  the  appropriation  by  the  state  of  property
  pursuant  to  section  twenty-seven  of the agriculture and markets law,
  section forty of the  canal  law,  sections  thirteen  and  six  hundred
  seventy-six-a  of  the  conservation  law,  section  twenty-one  of  the
  correction  law,  sections  three  hundred  seven  and   three   hundred
  fifty-five  of  the  education  law  or  either  of  said last-mentioned
  sections, section two hundred thirteen of the  executive  law,  sections
  twenty-nine and thirty of the highway law, section thirty of the highway
  law  for  any  of the purposes authorized by section twelve of said law,
  article seventy-one of the  mental  hygiene  law,  section  one  hundred
  seventy-seven  of  the  military  law,  section  four hundred one of the
  public health law, section forty of the social welfare law, chapter  six
  hundred  seventy-eight  of  the  laws  of  nineteen hundred twenty-eight
  constituting the grade crossing elimination act, as amended, or  chapter
  eight  hundred  sixty-two of the laws of nineteen hundred thirty-six, as
  amended, the amount, if any, of such  judgment,  inclusive  of  interest
  thereon  as allowed by law, which exceeds the amount of moneys otherwise
  appropriated and available for the payment thereof shall be paid out  of
  the  state  treasury from moneys appropriated to the court of claims for
  general state charges.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 47 - Substitute Employees.

§   47.   Substitute  employees.    Where  in  any  act  a  line  item
  appropriation is made for the salary of an employee and the employee  is
  on  leave  of  absence  on  less  than  full  pay,  the  balance of such
  appropriation shall be available for the payment  of  the  salary  of  a
  substitute employee.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 49 - Segregation of Lump Sum Appropriations.

§  49.  Segregation of lump sum appropriations. When, in any act, lump
  sum appropriations are made for personal service, or for maintenance and
  operation or for non-personal service, or for maintenance  undistributed
  including  personal  service,  other  than  such  appropriations for the
  legislature  or  judiciary,  and  appropriations  from  proprietary   or
  fiduciary  funds,  no  moneys  so  appropriated  shall  be available for
  payments for personal service,  or  maintenance  and  operation  or  for
  non-personal  service,  or  maintenance undistributed including personal
  service until a schedule of positions and salaries have been approved by
  the director of the budget and the amounts to  be  available  for  other
  personal  service  classes  of  expenditure  and  for  the  expenses  of
  maintenance and operation or for non-personal service  shall  have  been
  approved  by the director of the budget. Such approval shall be reported
  to the chairperson of the senate finance committee, the  chairperson  of
  the  assembly ways and means committee, and the state comptroller either
  by the filing of a certificate or,  with  the  consent  of  the  officer
  receiving such notice, by means of electronic data transfer in lieu of a
  certification.  Any such approved schedule may be amended, however, with
  notice of approval of the director of  the  budget  given  in  the  same
  manner as set forth in the preceding sentence.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 51 - Interchange of Appropriations or Items Therein.

§ 51. Interchange of appropriations or items therein. No appropriation
  shall  be  increased  or  decreased  by  transfer or otherwise except as
  provided for  in  this  section  or  section  fifty-three,  sixty-six-f,
  seventy-two  or  ninety-three  of  this chapter, or article eight of the
  education law. Whenever an appropriation  is  made  from  a  fund  to  a
  department  or  agency  and  is  accompanied  by  a schedule showing the
  programs or purposes for which such appropriation may be  expended,  the
  amount  appropriated for any item or items within any program or purpose
  for  such  department  or  agency  may  be  increased  or  decreased  by
  interchange  with amounts appropriated from such fund for any other item
  or items within the  same  program  or  purpose,  or  with  other  items
  appropriated from such fund not in the same program or purpose but which
  are contained in the state comptroller's classification of items as last
  promulgated,  with the approval of the director of the budget, who shall
  file such approval with the office of the state comptroller  and  copies
  thereof  with  the  senate  finance  committee and the assembly ways and
  means committee. The amounts appropriated to a department or agency from
  a particular fund in a fiscal year for the programs or purposes of  such
  department or agency may be interchanged among such programs or purposes
  under  the same conditions as heretofore described except that the total
  amount appropriated for any program or purpose may not be  increased  or
  decreased  by more than the aggregate of five per cent of the first five
  million dollars, four percent of the second  five  million  dollars  and
  three  per  cent  of  amounts  in  excess  of  ten million dollars of an
  appropriation for a program or  purpose.  The  allocation  of  lump  sum
  appropriations  from  a  fund  made  to a department or agency for later
  distribution to programs or purposes  or  to  the  units  of  the  state
  university  to  the  allocation  of  lump sum appropriations made to all
  state  departments  and  agencies  for  later  allocation  for  specific
  programs  or  purposes  shall  not  be  deemed  to be part of such total
  increase or decrease.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 52 - Classification of Expenditures.

§  52.  Classification of expenditures.  Immediately upon the adoption
  of a budget act the comptroller shall prepare and publish definitions of
  the classification of expense by titles employed in such  act,  defining
  the  purposes  for  which  moneys  appropriated  under each title may be
  expended. The comptroller may amend such definitions from time  to  time
  as,  in his judgment, he may deem it necessary for the proper conduct of
  the fiscal affairs of the state.  The definitions, as published  by  the
  comptroller,   and  as  amended,  shall  govern  expenditures  from  all
  appropriations in such act and the audit of claims and accounts  by  the
  comptroller where such classifications are used in such act.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 53-C - Report on Financial Support of Research Institutes.

§  53-c.  Report  on  financial support of research institutes. If any
  state agency agrees to provide financial support or any other assistance
  to cover any operating loss for a research institute, such agency  shall
  submit to the chairs of the senate committee on finance and the assembly
  committee  on  ways  and means a report on the calculation of such loss.
  This calculation shall include  all  revenue  of  the  corporation  from
  whatever source and all expenses of the corporation. If such calculation
  results in an operating surplus, such surplus shall be paid to the state
  and may be credited to the budget of the affiliated agency subject to an
  appropriation by the legislature.
2023 New York Laws › STF - State Finance › Article 4 - Appropriations › 53-D - Estimates of Fiscal Impact.

§ 53-d. Estimates of fiscal impact. If an appropriation bill passed by
  the  legislature contains items that the legislature has added in accord
  with section four of article seven of the constitution, then  such  bill
  must  be  accompanied  by  an  estimate  of  the  fiscal  impact of such
  legislation on the budget submitted by the governor pursuant to  section
  two  of  article  seven  of  the  constitution  which  shall include, if
  appropriate, an estimate of moneys and revenues, either  in  law  or  in
  legislation  passed  by  both houses with the budget, sufficient to meet
  such additions. Such bill shall also include such other  recommendations
  and  information  as the legislature may deem proper and such additional
  information as may be required by law. None of the restrictions of  this
  section,  however,  shall apply to appropriations for the legislature or
  judiciary.
2023 New York Laws › STF - State Finance › Article 4-A - State Assistance to Local Government › 54-D - Advance Payment of State Moneys; Authorization Only by Law.

§  54-d.  Advance  payment of state moneys; authorization only by law.
  Notwithstanding any other provision of law to the contrary no payment of
  state moneys to any county, city, town, village or school district shall
  be made prior to the  date  such  moneys  are  due  and  payable  unless
  expressly authorized by an act of the legislature.
2023 New York Laws › STF - State Finance › Article 4-A - State Assistance to Local Government › 54-G - State Assistance to Local Governments for Support of Activities Related to Fire Prevention and Building Codes.

§   54-g.  State  assistance  to  local  governments  for  support  of
  activities related to fire prevention and building codes.  1.  Beginning
  in  March,  nineteen  hundred  eighty-two  and annually thereafter, each
  city, village, and town shall receive from moneys  appropriated  by  the
  state  in  support  of  activities  related  to  the  administration and
  enforcement in  the  previous  calendar  year  of  fire  prevention  and
  building  codes  the  sum  of the amounts computed in paragraphs a and b
  below.
a. One-half the amount appropriated multiplied by the proportion which
  the population of the city, village or town outside a village  bears  to
  the population of the state taken as a whole.
b. One-half the amount appropriated multiplied by the proportion which
  the  full  value of the city, village or town outside a village bears to
  the full value of the state taken  as  a  whole.  The  amount  otherwise
  payable to a local government under this subdivision shall be reduced by
  the  amount  of  state  aid to local governments for housing maintenance
  code enforcement payable to such local  government  in  the  same  state
  fiscal  year  under  the  provisions  of  section  fifty-four-h  of this
  chapter.
2. In the instance where, pursuant to section three hundred eighty-one
  of the New York state uniform fire prevention and building code act  set
  forth  in  article  eighteen  of  the  executive  law,  a  county or the
  secretary of state administers and enforces the New York  state  uniform
  fire  prevention  and  building code within a city, village or town, the
  funds otherwise payable to the city, village, or town shall be  paid  to
  the county or revert to the state, as the case may be. Where a county or
  the  secretary  of  state  has  been so engaged for less than the entire
  calendar  year  provided  in  subdivision  one,  the  moneys  shall   be
  distributed to the city, village, or town, county or state in proportion
  to  the  length  of  time  for  which  each  was  responsible  for  said
  administration and enforcement.
3. The terms used in this section shall have the meanings ascribed  to
  them in section fifty-four of this article.
2023 New York Laws › STF - State Finance › Article 4-A - State Assistance to Local Government › 54-H - State Aid to Local Governments for Housing Maintenance Code Enforcement.

§  54-h.  State  aid to local governments for housing maintenance code
  enforcement. 1. The commissioner of housing and community renewal  shall
  grant  state  aid  to  cities  in  the amount of fifty per centum of the
  amount of money expended from funds raised by taxes imposed by such city
  during the city fiscal year, up to a maximum  amount  of  eight  million
  dollars in any one year, by a city of over one million population by the
  department  of  housing  preservation and development for enforcement of
  the multiple dwelling law and  any  other  provision  of  law,  rule  or
  regulation  in  relation  to  the  maintenance,  use, occupancy, safety,
  sanitary condition and inspection of any  building  or  portion  thereof
  which  is  occupied  or arranged or intended to be occupied as the home,
  residence of one or more human beings, not, however,  including  one  or
  two-family  houses,  as  determined  by  the commissioner of housing and
  community renewal.
2. The mayor of each city desiring to make application for  state  aid
  under  this  section shall annually on such dates as may be fixed by the
  commissioner of the division of housing and community renewal, submit to
  him the request of such city for such state aid and shall  support  such
  request  with  such  information  as  the  commissioner may require. The
  commissioner shall prescribe the form in which such information shall be
  submitted.
2023 New York Laws › STF - State Finance › Article 4-A - State Assistance to Local Government › 54-K - Assistance to Counties.

§ 54-k. Assistance to counties. There shall be apportioned and paid to
  the  several  counties  outside  the  city  of  New  York,  from  moneys
  appropriated, the amount of seventeen million dollars  ($17,000,000)  on
  or before July thirty-first, two thousand three. Each county outside the
  city of New York shall receive an amount that is in direct proportion to
  each  county's  percentage  of  the population, as determined by the two
  thousand decennial federal census, as such county  bears  to  the  total
  population of all counties outside the city of New York.
2023 New York Laws › STF - State Finance › Article 4-A - State Assistance to Local Government › 54-M - Local Share Requirements Associated With Increasing the Age of Juvenile Jurisdiction Above Fifteen Years of Age.

§ 54-m. Local share requirements associated with increasing the age of
  juvenile  jurisdiction  above  fifteen years of age. Notwithstanding any
  other provision of law to the contrary, counties and  the  city  of  New
  York  shall  not  be  required  to  contribute a local share of eligible
  expenditures that would not have been incurred absent the provisions  of
  a  chapter of the laws of two thousand seventeen that added this section
  unless the most recent budget adopted by a county that is subject to the
  provisions of section three-c of the general municipal law exceeded  the
  tax levy limit prescribed in such section or the local government is not
  subject  to  the  provisions of section three-c of the general municipal
  law;  provided,  however,  that  the  state  budget  director  shall  be
  authorized  to  waive  any local share of expenditures associated with a
  chapter of the laws of two thousand seventeen that increased the age  of
  juvenile  jurisdiction  above  fifteen  years  of age, upon a showing of
  financial hardship by a county or the city of New York upon  application
  in  the  form  and  manner  prescribed by the division of the budget. In
  evaluating an application for a financial hardship  waiver,  the  budget
  director  shall consider the incremental cost to the locality related to
  increasing the age of juvenile jurisdiction, changes in state or federal
  aid payments, and other extraordinary costs, including the occurrence of
  a disaster as defined in paragraph  a  of  subdivision  two  of  section
  twenty  of  the executive law, repair and maintenance of infrastructure,
  annual growth in tax receipts, including personal income,  business  and
  other  taxes,  prepayment  of  debt  service and other expenses, or such
  other factors that the director may determine.
2023 New York Laws › STF - State Finance › Article 5 - Borrowing by the State › 62 - Replacement of Lost Certificates.

§  62.  Replacement of lost certificates. The comptroller, who may act
  through his duly authorized fiscal agent or trustee  appointed  pursuant
  to  section sixty-five of this article, may issue to the lawful owner of
  any certificate or bond issued by him in behalf of this state, which  he
  or  such  duly  authorized  fiscal agent or trustee is satisfied, by due
  proof filed in his office or with such duly authorized fiscal  agent  or
  trustee, has been lost or casually destroyed, a new certificate or bond,
  corresponding in date, number and amount with the certificate or bond so
  lost  or  destroyed,  and  expressing  on  its face that it is a renewed
  certificate or bond. No such renewed certificate or bond shall be issued
  unless sufficient security is given to satisfy the lawful claim  of  any
  person  to the original certificate or bond, or to any interest therein.
  The comptroller shall report annually to the legislature the number  and
  amount  of  all  renewed certificates or bonds so issued. If the renewed
  certificate is issued by the state's duly  authorized  fiscal  agent  or
  trustee  and such agent or trustee agrees to be responsible for any loss
  suffered as a result of unauthorized  payment,  the  security  shall  be
  provided  to  and  approved  by  the  fiscal  agent  or  trustee  and no
  additional approval by the comptroller or the attorney general shall  be
  required.
2023 New York Laws › STF - State Finance › Article 5 - Borrowing by the State › 63 - Expense of Preparing and Selling Bonds.

§ 63. Expense of preparing and selling bonds. From the moneys realized
  from   the   sale  of  bonds  heretofore  or  hereafter  authorized  the
  comptroller shall apportion the expense of preparing  and  selling  such
  bonds  against  the  appropriation or appropriations, and shall use such
  apportioned funds in paying such expenses.
2023 New York Laws › STF - State Finance › Article 5 - Borrowing by the State › 64 - Contracts for Dies, Plates and Engraving.

§  64. Contracts for dies, plates and engraving. The state comptroller
  shall have power and authority, and it shall be his duty, to enter  into
  and  execute  for  and on behalf of the state such contract or contracts
  for dies, plates and engraving necessary for the preparation  of  bonds,
  notes and certificates of indebtedness at such time or times as it shall
  be necessary for issuance thereof. Such dies, plates and engraving shall
  be  prepared  and  completed  under  his supervision and he shall be the
  custodian of all  dies,  plates  and  other  material  required  in  the
  preparation of such bonds, notes and certificates of indebtedness.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-A - Restriction on Issuance of Certificates of Participation.

§  66-a.  Restriction on issuance of certificates of participation. 1.
  No person, partnership, corporation or other legal entity nor any  state
  officer,  employee, agency, department, the city university of New York,
  the  legislature  or  the  judiciary   shall   issue   certificates   of
  participation or similar instruments representing the right to receive a
  proportionate  share in lease, installment or other periodic payments to
  be made by any state department, agency or the city  university  of  New
  York  except  in accordance with the provisions of this article and with
  the express written approval of the state comptroller. The provisions of
  this section are hereby made a part of every purchase  contract  entered
  into by such a state entity providing for periodic payments by any state
  department,  agency  or  the  city  university  of  New York. Every such
  contract shall contain a clause expressly  reciting  the  provisions  of
  this  subdivision, provided, however, that the absence of such clause in
  such a contract shall not obviate the duty of  all  parties  thereto  to
  comply  with the provisions of this subdivision. Neither this provision,
  nor any other provision of this article shall be  construed  to  prevent
  such  state  entities  from  entering into installment purchase or lease
  purchase  agreements  funded  without  the  use   of   certificates   of
  participation or similar instruments.
2.  For the purposes of this article, "state departments and agencies"
  shall not include the legislature or the judiciary, and  the  provisions
  of  this  article,  unless  otherwise  specified,  shall  not  apply  to
  installment purchase or lease purchase contracts  entered  into  by  the
  legislature or the judiciary financed by the issuance of certificates of
  participation or similar instruments representing the right to receive a
  proportionate  share in lease, installment or other periodic payments to
  be made by the legislature or judiciary.
3.  No  state  officer,  employee,  department,  agency  or  the  city
  university of New York shall enter into any agreement in connection with
  the issuance of certificates of participation which requires any payment
  by  the state to the trustee, on behalf of holders of such certificates,
  during the month of April of any year.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-C - Certificates of Participation Not Debt.

§  66-c.  Certificates  of  participation  not  debt.  Certificates of
  participation or similar instruments issued pursuant to this article and
  the underlying installment purchase or lease purchase contracts  do  not
  constitute  or  create  debt of the state as defined in article seven of
  the state constitution, nor a contractual obligation in  excess  of  the
  amounts  appropriated therefor, and the state has no continuing legal or
  moral obligation  to  appropriate  money  for  said  payments  or  other
  obligations due under the installment purchase contracts. In the case of
  the failure to appropriate, the sole security for any remaining periodic
  payments  shall  be  the property subject to the installment purchase or
  lease purchase contract, and debt service reserve funds in  the  custody
  of  the  trustee  or  any  other  remaining  proceeds,  subject  to  the
  provisions of section sixty-six-h of this article.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-D - Annual Ceiling on Certificates of Participation.

§  66-d.  Annual  ceiling  on  certificates  of  participation. 1. The
  governor shall include in the bills which he submits in connection  with
  the  executive  budget his recommendation as to the total maximum amount
  of certificates of participation to be issued for purchases of  personal
  property  by state departments, agencies, and the city university of New
  York pursuant to this article during the upcoming fiscal year, exclusive
  of refunding and, in addition, a list of real property projects of state
  departments, agencies and the city university of New  York  contemplated
  to be financed through the use of certificates of participation.
2.  The  maximum  amount  of  certificates of participation or similar
  instruments representing periodic payments due from  the  state  of  New
  York  issued  for state departments, agencies and the city university of
  New York within a fiscal year shall not  exceed  the  maximum  principal
  amount  authorized  in the budget enacted into law for such fiscal year,
  or in any other law as amended from time to time.
3. Certificates of participation issued to refund  or  advance  refund
  prior  issues  of  certificates  of participation or similar instruments
  including certificates  of  participation  issued  pursuant  to  section
  sixty-six-b  of  this  article  and certificates of participation issued
  before July twenty-fourth, nineteen hundred eighty-six, representing the
  right to receive a proportionate share in lease,  installment  or  other
  periodic  payments to be made by any state department, agency or unit of
  the state university or the city university of New York shall not  count
  against   the  above  ceilings,  provided  that  the  state  comptroller
  determines that there will be a savings to the state on  total  periodic
  payments  on  a  present  value  basis  as  a  result  of  the refunding
  transaction.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-E - Restrictions on the Use of Certificates of Participation for Real Property.

§  66-e.  Restrictions on the use of certificates of participation for
  real property. Certificates  of  participation  or  similar  instruments
  shall  not  be  used  to  finance the acquisition or improvement of real
  property unless specifically authorized in an appropriation bill or some
  other law for such real property installment purchase.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-F - Certain Interagency Transfers Authorized.

§ 66-f. Certain interagency transfers authorized.  The director of the
  budget  may,  if  necessary,  authorize  the transfer of monies from one
  state department, agency or the city university of New York to  pay  for
  installment  purchases or lease purchases made on its behalf, to another
  state department, agency or the city university  of  New  York  under  a
  multi-agency installment purchase contract financed through the issuance
  of  certificates of participation or similar instruments, but in no case
  shall the aggregate of state payments exceed the total  amount  actually
  appropriated  for  the  underlying installment purchase obligations. The
  director of the budget shall file  his  approval  of  a  certificate  of
  allocation for such a transfer with the state comptroller and the chairs
  of  the  senate  finance  committee  and  the  assembly  ways  and means
  committee.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-G - Indemnification.

§   66-g.   Indemnification.   Any   agreement  for  the  issuance  of
  certificates of participation to fund installment purchases by the state
  may provide that the state will indemnify  the  trustee,  paying  agent,
  service  agent  or  any  other  person  performing  a similar or related
  function, but only to the extent that the liability triggering the event
  of indemnification is the fault of the state.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-H - Restriction on Sale in the Event of Nonappropriation.

§  66-h.  Restriction on sale in the event of nonappropriation. 1. Any
  agreement for the issuance of  certificates  of  participation  to  fund
  installment  purchases  or lease purchases by the state may provide that
  the certificates are secured by the underlying property and that, in the
  event that the legislature fails to appropriate funds sufficient for the
  underlying installment payments, the financed property may  be  sold  on
  behalf  of  the  holders  of  the certificates, provided that any excess
  proceeds from such a sale, after deduction  for  and  payment  of  fees,
  expenses  and  any  taxes  levied  on  the sale, and distribution to the
  holders of the certificates in the amount  of  the  face  value  of  the
  certificates  plus  accrued  interest,  or  in the case of a certificate
  issued with an original issue discount, its  accreted  value,  shall  be
  paid to the state.
2.  Any  security interest in personal property made or created by any
  such agreement shall be valid, binding and perfected from the time  when
  such  security  interest  attaches, without any physical delivery of the
  collateral or further act.  The lien of any such security interest shall
  be valid, binding and perfected as against all parties having claims  of
  any  kind  in tort, contract or otherwise against the state irrespective
  of whether or not such parties have  notice  hereof.  No  instrument  by
  which  such  security interest is created nor any financing statement or
  other document need be recorded  or  filed.  This  section  shall  apply
  notwithstanding  the  provisions  of the uniform commercial code and the
  vehicle and traffic law.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-J - Annual Report.

§  66-j. Annual report. On or before February fifteenth of each fiscal
  year, beginning  with  the  nineteen  hundred  eighty-eight--eighty-nine
  fiscal     year     and     ending    with    the    nineteen    hundred
  ninety-seven--ninety-eight  fiscal  year,  and  on  or  before  February
  fifteenth  and  June  fifteenth  of each fiscal year, beginning with the
  nineteen  hundred  ninety-eight--ninety-nine  fiscal  year,  the   state
  comptroller  shall submit an annual report to the director of the budget
  and the chairs of the senate finance committee and the assembly ways and
  means committee regarding the issuance of certificates of  participation
  issued under this article. Such report shall include a summary statement
  of  the  aggregate  amount of certificates of participation issued under
  this article. Such report shall also include, but  not  be  limited  to,
  specific  detail  pertaining  to  each  issuance,  including  the  state
  department, agency, or unit of the state university or  city  university
  of  New  York  which  entered into lease or installment purchases funded
  through  the  use  of  certificates  of  participation,  including  each
  issuance  for  the  legislature or the judiciary, the amounts, purposes,
  and financing terms and payment schedule of each issuance,  as  well  as
  any other matter which the comptroller deems advisable.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-K - Certificates of Participation; Reallocation Requirements.

§  66-k.  Certificates of participation; reallocation requirements. 1.
This section shall not apply to appropriations  made  to  units  of  the
state university or the city university of New York.
2.  In  those  cases  where  funds  have  been appropriated to a state
department or agency for the outright purchase of  equipment,  and  when
with  the  approval  of  the  director  of  the  budget  and  the  state
comptroller, a contract is  entered  into  for  the  lease  purchase  or
installment  purchase of equipment and the lease purchase or installment
purchase agreement is financed or will be financed by  the  issuance  of
certificates  of participation pursuant to this article, the director of
the budget shall notify the chairs of the senate finance  committee  and
the  assembly  ways  and means committee of the director of the budget's
and the state comptroller's approval of such contract.
3. If the outright purchase cost  of  the  equipment  is  two  million
dollars  or  more,  the  balance  of  the appropriation for the outright
equipment purchase not necessary to pay lease  purchase  or  installment
purchase  payments  in  the  then  current fiscal year for the equipment
shall  be  unallocated  by  the  director  of  the  budget  and  may  be
reallocated  by  the  director of the budget only in accordance with the
following procedures,  and  subject  to  the  following  conditions  and
limitations:
(a)  The  chief executive officer of the department or agency to which
the appropriation is provided, shall request allocation of  the  balance
or  portion  of  the balance by providing a statement to the director of
the budget and the chairs  of  the  senate  finance  committee  and  the
assembly  ways  and  means committee certifying to the following (i) the
amount of the requested allocation, (ii) the purpose of the  allocation,
and (iii) the necessary nature of the expenditures.
(b)  The director of the budget may allocate the monies requested only
after receiving notification of approval for  the  allocation  from  the
chairs  of  the senate finance committee and the assembly ways and means
committee.
4. If the outright purchase cost of the equipment  is  less  than  two
million  dollars,  the  balance  of  the  appropriation for the outright
equipment purchase not necessary to pay lease  purchase  or  installment
purchase  payments in the then current fiscal year for the equipment may
be reallocated by the director of the budget with notification  as  soon
as  practicable  after  such  reallocation  to  the chairs of the senate
finance committee and the assembly  ways  and  means  committee  of  the
purpose of the expenditures for which the allocation is made.
2023 New York Laws › STF - State Finance › Article 5-A - Certificates of Participation › 66-L - Certificates of Participation Executed and Delivered by the State of New York Bond Bank Agency on Behalf of a Political Subdivision.

§ 66-l.  Certificates  of  participation executed and delivered by the
  state of New York bond bank agency on behalf of a political subdivision.
  The provisions of this  article  shall  not  apply  to  certificates  of
  participation  executed and delivered by the state of New York bond bank
  agency on behalf of a political subdivision as provided for  in  section
  one  hundred nine-b of the general municipal law and section twenty-four
  hundred thirty-five-a of the public authorities law.
2023 New York Laws › STF - State Finance › Article 5-B - Limitations on State-Supported Debt › 67-A - Definitions.

§  67-a.  Definitions.  When  used in this article the following terms
shall have the meanings set forth below:
1. "State-supported debt" shall mean any  bonds  or  notes,  including
bonds  or  notes  issued  to  fund  reserve funds and costs of issuance,
issued by the state or a state public corporation for which the state is
constitutionally obligated to  pay  debt  service  or  is  contractually
obligated  to pay debt service subject to an appropriation, except where
the state has a contingent contractual obligation.
2. "Total personal income of the state" shall mean the  most  recently
published  estimate  of  the  immediately preceding calendar year annual
total personal income of the state of  New  York  as  published  by  the
United  States department of commerce or any successor agency from which
information  is  available  most  proximate   and   prior   to   October
thirty-first,  two thousand one and to October thirty-first of each year
thereafter. Subsequent  revisions  of  the  published  estimated  dollar
amount  for any calendar year estimate employed pursuant to the terms of
this subdivision shall not affect the validity of the determination made
for any fiscal year.
3. "Total governmental funds receipts" shall mean the total amount  of
receipts  of all governmental funds of the state including general fund,
special revenue funds, capital funds and debt service funds  as  finally
reported  by the state comptroller on a cash basis of accounting for the
state fiscal year, but shall exclude cash transfers  between  funds  and
include  any  cash  management  or  other  related  transactions whereby
receipts in  a  state  fiscal  year  were  reduced  and  maintained  for
subsequent use.
4. "Capital work or purpose" shall mean any project involving:
(i)  the  acquisition,  construction,  demolition, or replacement of a
fixed asset or assets;
(ii) the major repair or renovation of a fixed asset, or assets  which
materially  extends  its useful life or materially improves or increases
its capacity; or
(iii)  the  planning  or  design  of  the  acquisition,  construction,
demolition,  replacement, major repair or renovation of a fixed asset or
assets, including the preparation and review of plans and specifications
including engineering and other services, field surveys and  sub-surface
investigations incidental thereto.
2023 New York Laws › STF - State Finance › Article 5-C - Revenue Bond Financing Program › 68-A - Definitions.

§  68-a.  Definitions. 1. "Authorized issuer" shall mean the following
public authorities and public benefit corporations, and  any  successors
thereto:
(a) the dormitory authority of the state of New York;
(b) the urban development corporation;
(c) the New York state thruway authority;
(d) the New York state environmental facilities corporation;
(e) the New York state housing finance agency.
2.  "Authorized  purpose"  for  purposes  of  this article and section
ninety-two-z  of  this  chapter  shall  mean  any  purposes  for   which
state-supported  debt,  as  defined  by  section  sixty-seven-a  of this
chapter, may or has been issued except  debt  for  which  the  state  is
constitutionally  obligated  thereunder  to pay debt service and related
expenses.
3. "Revenue bonds" for  the  purposes  of  this  article  and  section
ninety-two-z  of this chapter shall mean any bonds, notes or obligations
issued or incurred pursuant to section sixty-eight-b of this article.
2023 New York Laws › STF - State Finance › Article 5-C - Revenue Bond Financing Program › 68-C - Payments to Authorized Issuers.

§  68-c.  Payments to authorized issuers. 1. The state, acting through
  the director of the budget,  and  authorized  issuers  may  enter  into,
  amend, modify, or rescind one or more financing agreements providing for
  the  specific  manner,  timing,  and amount of payments to be made under
  this section, but only in conformity with this section.
2. No later than October first of each year,  the  authorized  issuers
  shall  certify  to  the  director  of  the  budget  the anticipated cash
  requirements related to revenue bonds during the subsequent state fiscal
  year in such detail as the director may require.
3. Upon receipt of a voucher from  any  authorized  issuer  requesting
  payment  for  such  amount  or  amounts certified by the director of the
  budget  pursuant  to  paragraph  (a)  of  subdivision  five  of  section
  ninety-two-z  of  this  chapter,  the  state  comptroller shall pay such
  amount or amounts to the authorized issuer from appropriations for  such
  purpose.
4.  The  agreement  of  the  state  contained in this section shall be
  deemed executory only to the  extent  of  appropriations  available  for
  payments  under  this  section,  and no liability on account of any such
  payment shall be incurred by the state beyond such appropriations.
5. Nothing contained in this article shall be deemed to  restrict  the
  right  of the state to amend, repeal, modify or otherwise alter statutes
  imposing  or  relating  to  the  taxes  imposed  pursuant   to   article
  twenty-two,  article  twenty-four,  and article twenty-four-A of the tax
  law. The authorized issuers shall not  include  within  any  resolution,
  contract  or  agreement  with  holders of the revenue bonds issued under
  this article any provision which provides that a  default  occurs  as  a
  result  of  the  state  exercising its right to amend, repeal, modify or
  otherwise alter  the  taxes  imposed  pursuant  to  article  twenty-two,
  article twenty-four, and article twenty-four-A of the tax law.
6.  Any  resolution or other agreement authorizing revenue bonds under
  this article shall reserve the right of the state, upon amendment of the
  New York state constitution  allowing  the  issuance  or  assumption  of
  bonds, notes or other obligations secured by revenues, which may include
  the revenues securing revenue bonds of authorized issuers (a) to assume,
  in  whole  or  in  part, revenue bonds of the authorized issuers, (b) to
  extinguish the existing lien of such resolution, or other agreement  and
  (c)  to  substitute  security  for  the  revenue bonds of the authorized
  issuers, in each case only so long as such assumption, extinguishment or
  substitution is  done  in  accordance  with  such  resolution  or  other
  agreement.