Docket Room
S 9590·NY·senate

Allowing certain payments from the IOLA fund to be made without appropriation by law

In CommitteeFiled Mar 26, 2026
Sponsor: Luis R. Sepúlveda
Latest Action

REFERRED TO FINANCE

Mar 26, 2026

Summary

The bill lets the state comptroller release money from the IOLA fund after the fund's board of trustees certifies and authorizes the payment. Payments described in paragraphs b and c of the fund's governing subdivision can be made even if they are not included in the annual budget appropriation. This change is intended to speed up certain fund disbursements.

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