Bill Texts: NY A04565 | 2011-2012 | General Assembly

Bill Title: Provides for limitations on the contracting of state debt as to amount and manner: strictly limits state debt to state purposes, regardless of contingency of obligation to pay by the state; authorizes state debt without voter approval in the case of debt secured by pledge of specific state revenues; limits state debt based on percentage of state income; requires debt bills to "age" for 14 legislative days; limits certain debts to capital projects; and provides for payment by the comptroller without appropriation.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-04-25 - opinion referred to judiciary [A04565 Detail]

Bill Drafts

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Introduced2011-05-26HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York A04565

Supplemental Documents

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No supplemental documents for New York A04565 currently on file.

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