1400 WASHINGTON AVENUE SEN. RYAN WITTE ALBANY, NY 12222 CAMPUS CENTER 116 (CC116) CHAIR SEN. MATT KRUSH www.albany.edu/sasenate rwitte@ualbanysa.org RULES & ADMINISTRATION SEN. DANNY MARKISELLO VICE CHAIR APPROPRIATIONS SEN. ROGER ROOK COMMUNITY ENGAGEMENT & OUTREACH SEN. ROB FORMAN GOVERNMENT OPERATIONS SEN. CONNOR WILKINS CONSTITUENT RELATIONS SEN. PAT CRONIN S.1314-106 DATE INTRODUCED: March 5, 2014 SPONSORED BY: Sen. DeAngelo, Sen. Longo, Sen. Krush COMMITTEE: Rules and Administration & Board of Finance COMMITTEE VOTE: Board of Finance: 4-0-2 Rules and Administration: 4-0-1 SUBJECT: Fundraising Preservation Act SENATE VOTE: Unanimous Consent LEGISLATIVE RESULT: Pass Be it hereby proposed that the following be enacted: I. That the following be added to the bylaws: 504.1.1—Unspent fundraised revenues shall carry over to the next year, with no limitations on the number of years that said revenue may roll over. 504.1.2—Student Association funds do not roll over. 504.1.3—If the expenditures of the student group are less than or equal to the amount of funding granted to the student group either through budgetary processes or by the Appropriations Committee, all money fundraised by the Student Group rolls over minus any fundraised money used to make an expenditure that would require fundraised money as stipulated by Student Activity Fee policy. If the expenditures are greater than the funding, the difference is to be subtracted from the amount of fundraised revenue. The resulting amount is to be rolled over. II. That this bill goes into effect immediately upon passage in accordance with the Student Association Constitution. Francis Agyemang, President ___________________________ Passed by the Senate I, Ryan Witte attest this is a true and valid record of action taken by the Student Association Senate on the date provided. ___________________________ Ryan Witte, Chairman