Bill Text: NY A10755 | 2015-2016 | General Assembly | Introduced

New York Assembly Bill 10755 (Prior Session Legislation)

Introduced

Bill Title: Relates to the financing and construction of facilities by the dormitory authority for Summit Educational Resources, Inc.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-12-23 - referred to ways and means [A10755 Detail]

Download: New_York-2015-A10755-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          10755
                   IN ASSEMBLY
                                    December 23, 2016
                                       ___________
        Introduced by COMMITTEE ON RULES -- (at request of M. of A. Schimminger)
          -- read once and referred to the Committee on Ways and Means
        AN ACT to amend the public authorities law, in relation to the financing
          and  construction  of facilities by the dormitory authority for Summit
          Educational Resources, Inc.
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. The undesignated paragraph of paragraph (b) of subdivision
     2  2 of section 1676 of the public authorities law, as added  by    chapter
     3  431 of the laws of 2016, is amended to read as follows:
     4    Summit  Educational [Resource] Resources, Inc.[, of Western New York],
     5  a not-for-profit organization, for  the  acquisition,  financing  and/or
     6  refinancing,  design, construction, renovation, reconstruction, develop-
     7  ment, improvement, furnishing, expansion and/or equipping of a  facility
     8  or facilities and necessary ancillary and related facilities.
     9    §  2.  The  undesignated paragraph of subdivision 1 of section 1680 of
    10  the public authorities law, as added by chapter 431 of the laws of 2016,
    11  is amended to read as follows:
    12    Summit Educational [Resource] Resources, Inc.[, of Western New  York],
    13  a  not-for-profit  organization,  for  the acquisition, financing and/or
    14  refinancing, design, construction, renovation, reconstruction,  develop-
    15  ment,  improvement, furnishing, expansion and/or equipping of a facility
    16  or facilities and necessary ancillary and related facilities.
    17    § 3. This act shall take effect on the  same  date  and  in  the  same
    18  manner as chapter 431 of the laws of 2016 took effect.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13262-03-6