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
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