§ 2660. Request for state assistance. 1. Should the chairman of the authority determine that state assistance is necessary for the authority to achieve its lawful goals, powers and purposes, the chairman may annually may make and deliver to the director of the budget, the chairman of the senate finance committee and the chairman of the assembly ways and means committee a request for financial support for the operation of the authority for the forthcoming fiscal year of the state. The request for financial support shall delineate the total amount needed by the authority from the state to achieve its lawful goals, powers and purposes, the source of all funds that the authority expects to receive from all other sources, and such other information as the director of the budget, the chairman of the senate finance committee and the chairman of the assembly ways and means committee shall require.

Terms Used In N.Y. Public Authorities Law 2660

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Chairman: means the chairman of the dormitory authority. See N.Y. Public Authorities Law 1695
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

2. The state may appropriate and provide to the authority an amount of money it deems necessary to provide the authority to assist it in its successful operation and achievement of its lawful goals, powers and purposes.

3. Notwithstanding the provisions of any general or special law to the contrary, no part of such appropriations shall be available for the purposes designated until a certificate of approval of availability shall have been issued by the director of the budget and a copy of such certificate is filed with the comptroller, the chairman of the senate finance committee and the chairman of the assembly ways and means committee. Such certificate may be amended from time to time, subject to the approval of the director of the budget, and a copy of each such amendment shall be filed with the comptroller, the chairman of the senate finance committee and the chairman of the assembly ways and means committee.

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