NY A07455 | 2021-2022 | General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on May 10 2021 - 25% progression, died in committee
Action: 2022-05-10 - held for consideration in election law
Pending: Assembly Election Law Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Requires that any ballot proposition creating a state debt shall contain an estimate of the amortization period and the total expected debt service payable thereon until the bonds issued pursuant to such proposition are retired; relates to deposits to the tax stabilization reserve fund; provides that at least 10% of any surplus shall be used to pay down state debt.

Tracking Information

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Title

Requires that any ballot proposition creating a state debt shall contain an estimate of the amortization period and the total expected debt service payable thereon until the bonds issued pursuant to such proposition are retired; relates to deposits to the tax stabilization reserve fund; provides that at least 10% of any surplus shall be used to pay down state debt.

Sponsors


Roll Calls

2022-05-10 - Assembly - Assembly Election Law Committee: Held for Consideration (Y: 11 N: 4 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-05-10Assemblyheld for consideration in election law
2022-01-05Assemblyreferred to election law
2021-05-10Assemblyreferred to election law

Same As/Similar To

S00219 (Same As) 2022-01-05 - REFERRED TO ELECTIONS

New York State Sources


Bill Comments

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