Bill Text: NY S02682 | 2011-2012 | General Assembly | Introduced

New York Senate Bill 2682 (Prior Session Legislation)

Introduced

Bill Title: Repeals certain provisions relating to the assessment and reimbursement of state expenditures and requires reimbursement of monies previously paid.

Spectrum: Moderate Partisan Bill (Republican 5-1)

Status: (Engrossed - Dead) 2012-01-04 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS [S02682 Detail]

Download: New_York-2011-S02682-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2682
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   January 28, 2011
                                      ___________
       Introduced by Sens. RANZENHOFER, SALAND -- read twice and ordered print-
         ed, and when printed to be committed to the Committee on Corporations,
         Authorities and Commissions
       AN  ACT to repeal section 2975-a of the public authorities law, relating
         to the assessment and reimbursement of state expenditures
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 2975-a of the public authorities law is REPEALED.
    2    S  2.  All  monies  paid by or on behalf of any industrial development
    3  agency or authority as of the effective date of this act to reimburse to
    4  New York state an allocable share of state governmental costs  attribut-
    5  able  to the provision of services to industrial development agencies as
    6  determined in section 2975-a of the  public  authorities  law  shall  be
    7  reimbursed to the paying entity within ninety days of the effective date
    8  of this act.
    9    S  3.  This  act  shall take effect immediately and shall be deemed to
   10  have been in full force and effect on and after April 1, 2009.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD02424-01-1