Bill Text: NY A09958 | 2021-2022 | General Assembly | Introduced


Bill Title: Excludes indebtedness for the construction of sewage facilities contracted prior to 2034 in determining current local debt limitation.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2022-06-03 - substituted by s8931 [A09958 Detail]

Download: New_York-2021-A09958-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          9958

                   IN ASSEMBLY

                                     April 20, 2022
                                       ___________

        Introduced  by M. of A. CONRAD, THIELE -- (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 [twenty-four] thir-
     6  ty-four, for the construction or reconstruction of  facilities  for  the
     7  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    §  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.
                                                                   LBD89180-02-2
feedback