§ 67-a. Definitions. When used in this article the following terms\nshall have the meanings set forth below:\n 1. "State-supported debt" shall mean any bonds or notes, including\nbonds or notes issued to fund reserve funds and costs of issuance,\nissued by the state or a state public corporation for which the state is\nconstitutionally obligated to pay debt service or is contractually\nobligated to pay debt service subject to an appropriation, except where\nthe state has a contingent contractual obligation.\n 2. "Total personal income of the state" shall mean the most recently\npublished estimate of the immediately preceding calendar year annual\ntotal personal income of the state of New York as published by the\nUnited States department of commerce or any successor agency from which\n
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§ 67-a. Definitions. When used in this article the following terms\nshall have the meanings set forth below:\n 1. "State-supported debt" shall mean any bonds or notes, including\nbonds or notes issued to fund reserve funds and costs of issuance,\nissued by the state or a state public corporation for which the state is\nconstitutionally obligated to pay debt service or is contractually\nobligated to pay debt service subject to an appropriation, except where\nthe state has a contingent contractual obligation.\n 2. "Total personal income of the state" shall mean the most recently\npublished estimate of the immediately preceding calendar year annual\ntotal personal income of the state of New York as published by the\nUnited States department of commerce or any successor agency from which\ninformation is available most proximate and prior to October\nthirty-first, two thousand one and to October thirty-first of each year\nthereafter. Subsequent revisions of the published estimated dollar\namount for any calendar year estimate employed pursuant to the terms of\nthis subdivision shall not affect the validity of the determination made\nfor any fiscal year.\n 3. "Total governmental funds receipts" shall mean the total amount of\nreceipts of all governmental funds of the state including general fund,\nspecial revenue funds, capital funds and debt service funds as finally\nreported by the state comptroller on a cash basis of accounting for the\nstate fiscal year, but shall exclude cash transfers between funds and\ninclude any cash management or other related transactions whereby\nreceipts in a state fiscal year were reduced and maintained for\nsubsequent use.\n 4. "Capital work or purpose" shall mean any project involving:\n (i) the acquisition, construction, demolition, or replacement of a\nfixed asset or assets;\n (ii) the major repair or renovation of a fixed asset, or assets which\nmaterially extends its useful life or materially improves or increases\nits capacity; or\n (iii) the planning or design of the acquisition, construction,\ndemolition, replacement, major repair or renovation of a fixed asset or\nassets, including the preparation and review of plans and specifications\nincluding engineering and other services, field surveys and sub-surface\ninvestigations incidental thereto.\n