Bill Text: NY S02682 | 2011-2012 | General Assembly | 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 Section 2975-a of the public authorities law is REPEALED. 2 S 2.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