Bill Text: NY A05549 | 2013-2014 | General Assembly | Introduced
Bill Title: Authorizes the extension of repayment of inter-fund advances made for expenses related to the storm commonly known as Sandy; provides repayment shall be made by close of the fiscal year next succeeding fiscal year in which advances were made.
Spectrum: Partisan Bill (Democrat 23-0)
Status: (Passed) 2013-10-22 - signed chap.421 [A05549 Detail]
Download: New_York-2013-A05549-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 5549 2013-2014 Regular Sessions I N A S S E M B L Y February 28, 2013 ___________ Introduced by M. of A. MAGNARELLI, LAVINE, ROBERTS, ROBINSON, LUPARDO, RIVERA, ZEBROWSKI, JAFFEE, WEISENBERG, OTIS, THIELE, SKOUFIS, COOK -- Multi-Sponsored by -- M. of A. BRENNAN, GLICK, GOTTFRIED, MAGEE, McDO- NALD, SKARTADOS, SWEENEY -- (at request of the State Comptroller) -- read once and referred to the Committee on Local Governments AN ACT in relation to authorizing the extension of repayment of inter- fund advances made for expenses related to the storm commonly known as Sandy THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Notwithstanding the provisions of subdivision 3 of section 2 9-a of the general municipal law, for inter-fund advances made pursuant 3 to such subdivision for costs attributable to the storm commonly known 4 as Sandy, repayment of moneys to the fund from which they were advanced 5 shall be made by close of the fiscal year next succeeding the fiscal 6 year in which such advance was made. 7 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05511-01-3