Laws of New York (Last Updated: November 21, 2014) |
STF State Finance |
Article 11-B. PROMPT CONTRACTING AND INTEREST PAYMENTS FOR NOT-FOR-PROFIT ORGANIZATIONS |
Section 179-EE. Other provisions for contracts and appropriations
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1. Notwithstanding any other provision of this article to the contrary, for the purposes of calculating timeframes as provided in section one hundred seventy-nine-s of this article, the enactment date of an appropriation which finances a contract with a not-for-profit organization which has been identified for a state agency without the use of a request for proposals shall be deemed to be the date on which such not-for-profit organization is identified. 2. Notwithstanding any other provision of this article, no state agency shall be liable for interest payments on contracts executed pursuant to appropriations made in whole or in part for liabilities incurred in a prior fiscal year.