State Codes and Statutes

Statutes > New-york > Rss > Article-3 > 139

§ 139. Costs of administration.  1. On and after April first, nineteen  hundred  fifty-five,  the state and each political subdivision extending  old-age  and  survivors  insurance  coverage  to  its  employees   shall  contribute  to  the  annual cost of administering the provisions of this  article. The director, during  the  month  of  March,  nineteen  hundred  fifty-six, and at the close of each fiscal year of the state thereafter,  shall determine the pro rata share of such annual cost to be contributed  by  the  state  and  by  each political subdivision. Such share shall be  determined on the basis of the ratio which contributions required to  be  made   to   the  contribution  fund  by  the  state  or  such  political  subdivision,  as  the  case  may  be,  bear  to  the  total  amount   of  contributions required to be made to such fund during such fiscal year.    2.  The  director shall thereupon submit to the fiscal officer of each  political subdivision a statement of the amount to be contributed by  it  pursuant  to  this  section.  Payment  of  the  amount specified in such  statement shall be made by each political subdivision within sixty  days  after the receipt thereof.    3.  There shall be included in the budget estimate of the state agency  furnished to the division of  the  budget  an  estimate  of  the  amount  necessary   to   meet  the  state's  pro  rata  share  of  the  cost  of  administering the provisions of this article during the  current  fiscal  year.    4.  Amounts  received  from  political  subdivisions  pursuant to this  section and amounts appropriated by the legislature to meet the  state's  pro  rata share of the costs of administering this article shall be used  to reimburse the state  purposes  fund  in  the  general  fund  for  any  advances  made  from  such  fund  for  the  purpose of administering the  provisions of this article.

State Codes and Statutes

Statutes > New-york > Rss > Article-3 > 139

§ 139. Costs of administration.  1. On and after April first, nineteen  hundred  fifty-five,  the state and each political subdivision extending  old-age  and  survivors  insurance  coverage  to  its  employees   shall  contribute  to  the  annual cost of administering the provisions of this  article. The director, during  the  month  of  March,  nineteen  hundred  fifty-six, and at the close of each fiscal year of the state thereafter,  shall determine the pro rata share of such annual cost to be contributed  by  the  state  and  by  each political subdivision. Such share shall be  determined on the basis of the ratio which contributions required to  be  made   to   the  contribution  fund  by  the  state  or  such  political  subdivision,  as  the  case  may  be,  bear  to  the  total  amount   of  contributions required to be made to such fund during such fiscal year.    2.  The  director shall thereupon submit to the fiscal officer of each  political subdivision a statement of the amount to be contributed by  it  pursuant  to  this  section.  Payment  of  the  amount specified in such  statement shall be made by each political subdivision within sixty  days  after the receipt thereof.    3.  There shall be included in the budget estimate of the state agency  furnished to the division of  the  budget  an  estimate  of  the  amount  necessary   to   meet  the  state's  pro  rata  share  of  the  cost  of  administering the provisions of this article during the  current  fiscal  year.    4.  Amounts  received  from  political  subdivisions  pursuant to this  section and amounts appropriated by the legislature to meet the  state's  pro  rata share of the costs of administering this article shall be used  to reimburse the state  purposes  fund  in  the  general  fund  for  any  advances  made  from  such  fund  for  the  purpose of administering the  provisions of this article.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rss > Article-3 > 139

§ 139. Costs of administration.  1. On and after April first, nineteen  hundred  fifty-five,  the state and each political subdivision extending  old-age  and  survivors  insurance  coverage  to  its  employees   shall  contribute  to  the  annual cost of administering the provisions of this  article. The director, during  the  month  of  March,  nineteen  hundred  fifty-six, and at the close of each fiscal year of the state thereafter,  shall determine the pro rata share of such annual cost to be contributed  by  the  state  and  by  each political subdivision. Such share shall be  determined on the basis of the ratio which contributions required to  be  made   to   the  contribution  fund  by  the  state  or  such  political  subdivision,  as  the  case  may  be,  bear  to  the  total  amount   of  contributions required to be made to such fund during such fiscal year.    2.  The  director shall thereupon submit to the fiscal officer of each  political subdivision a statement of the amount to be contributed by  it  pursuant  to  this  section.  Payment  of  the  amount specified in such  statement shall be made by each political subdivision within sixty  days  after the receipt thereof.    3.  There shall be included in the budget estimate of the state agency  furnished to the division of  the  budget  an  estimate  of  the  amount  necessary   to   meet  the  state's  pro  rata  share  of  the  cost  of  administering the provisions of this article during the  current  fiscal  year.    4.  Amounts  received  from  political  subdivisions  pursuant to this  section and amounts appropriated by the legislature to meet the  state's  pro  rata share of the costs of administering this article shall be used  to reimburse the state  purposes  fund  in  the  general  fund  for  any  advances  made  from  such  fund  for  the  purpose of administering the  provisions of this article.