23 CRR-NY 101.3NY-CRR
23 CRR-NY 101.3
23 CRR-NY 101.3
101.3 Billing and assessment process.
The New York State fiscal year begins April 1st and ends March 31st of the following calendar year. Each institution subject to assessment pursuant to this Part is billed five times for a fiscal year: four quarterly assessments (each approximately 25 percent of the anticipated annual amount) based on the Banking Division’s estimated annual budget at the time of the billing, and a final assessment (or true-up), based on the Banking Division’s actual expenses for the fiscal year. Any institution that is a regulated entity for any part of a quarter shall be assessed for the full quarter.
23 CRR-NY 101.3
Current through June 30, 2022
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.