Bill Text: NY A10348 | 2017-2018 | General Assembly | Introduced

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Bill Title: Extends provisions relating to period of probable usefulness of certain judgments, compromised claims or settled claims.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2018-07-01 - signed chap.87 [A10348 Detail]

Download: New_York-2017-A10348-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          10348
                   IN ASSEMBLY
                                     April 16, 2018
                                       ___________
        Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
          Committee on Local Governments
        AN ACT to amend chapter 719 of the  laws  of  1980  amending  the  local
          finance  law  relating to the period of probable usefulness of certain
          judgments, compromised  claims  or  settled  claims,  in  relation  to
          extending the provisions of such chapter
          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 719 of the laws of 1980  amending  the
     2  local  finance  law  relating  to  the  period of probable usefulness of
     3  certain judgments, compromised claims or settled claims, as  amended  by
     4  chapter 77 of the laws of 2013, is amended to read as follows:
     5    §  2.  This  act  shall  take effect immediately and the provisions of
     6  section one of this act shall remain in force and effect to and  includ-
     7  ing June 15, [2018] 2023.
     8    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15404-01-8