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Office of the New York State Comptroller

Comptroller DiNapoli's Legislative Program

Legislative Session 2011-2012:

 

Fiscal Reform Act - Constitutional Amendment  (Comptroller’s Program Bill #4) – A.7907 (Farrell) - Allows for emergency borrowing in times of public emergency, prohibits “back-door borrowing,” and limits total state debt to no more than 5 percent of total state personal income.