Bill Text: NY A09691 | 2011-2012 | General Assembly | Introduced

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Bill Title: Extends until January 1, 2024 the authority of counties, cities, towns & villages to exclude from their constitutional debt limits indebtedness contracted from the construction and reconstruction of facilities for the conveyance, treatment and disposal of sewage.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2012-07-20 - delivered to secretary of state [A09691 Detail]

Download: New_York-2011-A09691-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9691
                                 I N  A S S E M B L Y
                                    March 23, 2012
                                      ___________
       Introduced  by  M.  of  A.  MAGNARELLI -- (at request of the State Comp-
         troller) -- read once and referred to the Committee on  Local  Govern-
         ments
                   CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY
       proposing an amendment to section 5 of article 8 of the constitution, in
         relation to the exclusion of indebtedness contracted for sewage facil-
         ities
    1    Section  1.    Resolved  (if  the  Senate concur), That paragraph E of
    2  section 5 of article 8  of  the  constitution  be  amended  to  read  as
    3  follows:
    4    E. Indebtedness contracted on or after January first, nineteen hundred
    5  sixty-two   and   prior   to  January  first,  two  thousand  [fourteen]
    6  TWENTY-FOUR, for the construction or reconstruction  of  facilities  for
    7  the  conveyance, treatment and disposal of sewage. The legislature shall
    8  prescribe the method by which and the terms and conditions  under  which
    9  the  amount of any such indebtedness to be excluded shall be determined,
   10  and no such indebtedness shall be excluded  except  in  accordance  with
   11  such determination.
   12    S  2. RESOLVED (if the Senate concur), That the foregoing amendment be
   13  referred to the first regular legislative session  convening  after  the
   14  next  succeeding  general  election  of members of the assembly, and, in
   15  conformity with  section  1  of  article  19  of  the  constitution,  be
   16  published for 3 months previous to the time of such election.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD89150-02-2