Bill Title: Relates to rental payments from the NYC water board; requires the general fund of NYC to provide to the local water fund an amount equal to the amount requested by NYC pursuant to the base rental sum of money pursuant to the lease terms; requires fifty percent of these sums shall be used to provide rebates to residential water and sewer accounts and fifty percent to pay principal and interest on certain outstanding debt.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-06-01 - REPORTED AND COMMITTED TO FINANCE [S01453 Detail]

Text: Latest bill text (Introduced) [HTML]

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