NY S00219 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 6 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO ELECTIONS
Pending: Senate Elections Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 6 2021 - 25% progression, died in committee
Action: 2022-01-05 - REFERRED TO ELECTIONS
Pending: Senate Elections 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.
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
History
Date | Chamber | Action |
---|---|---|
2022-01-05 | Senate | REFERRED TO ELECTIONS |
2021-01-06 | Senate | REFERRED TO ELECTIONS |
Same As/Similar To
A07455 (Same As) 2022-05-10 - held for consideration in election law