Bill Text: NY A06509 | 2017-2018 | General Assembly | Introduced

---

Bill Title: Relates to statutory installment bonds and extending the effectiveness thereof.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2017-05-15 - substituted by s5383 [A06509 Detail]

Download: New_York-2017-A06509-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________
                                          6509
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                      March 7, 2017
                                       ___________
        Introduced  by  M.  of A. MAGNARELLI -- (at request of the Environmental
          Facilities Corporation) -- read once and referred to the Committee  on
          Local Governments
        AN  ACT  to  amend  chapter  581  of the laws of 2005 amending the local
          finance law relating to statutory installment bonds,  in  relation  to
          extending the effectiveness thereof
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 2 of chapter 581 of the laws of 2005  amending  the
     2  local finance law relating to statutory installment bonds, as amended by
     3  chapter 110 of the laws of 2014, is amended to read as follows:
     4    §  2.  This act shall take effect immediately and shall remain in full
     5  force and effect until September 30, [2017] 2020, at which time it shall
     6  expire and be deemed repealed.
     7    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09931-01-7