New York S04402 prohibits the use of state university health care facility funds for debt repayment.
New York S04402 amends the education law to prohibit the use of funds from state university health care facilities for the payment of certain debts related to those facilities. The bill ensures that funds from fees, charges, and reimbursements are credited to a state university health care account and can only be expended as per appropriation. It also prevents the transfer of these funds to the general fund or any other account for debt service costs.
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