Bill Text: NY S02907 | 2015-2016 | General Assembly | Introduced

New York Senate Bill 2907 (Prior Session Legislation)

Introduced

Bill Title: Provides that the period of probable usefulness of the installation or reconstruction of a heating system is 15 years for purposes of local financing.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced - Dead) 2015-06-01 - SUBSTITUTED BY A4586 [S02907 Detail]

Download: New_York-2015-S02907-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2907
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                   January 30, 2015
                                      ___________
       Introduced  by  Sen.  LITTLE -- read twice and ordered printed, and when
         printed to be committed to the Committee on Local Government
       AN ACT to amend the local finance law, in  relation  to  the  period  of
         probable usefulness of heating systems
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivision 13 of paragraph a of section 11.00 of the local
    2  finance law, as amended by chapter 837 of the laws of 1945,  is  amended
    3  to read as follows:
    4    13.  Certain  building alterations. The installation or reconstruction
    5  of a [heating,] lighting, plumbing, ventilating, elevator or power plant
    6  or system in a  building  when  not  in  connection  with  the  original
    7  construction  or  the reconstruction of such building, in a class "A" or
    8  "B" building, ten years; in a class  "C"  building,  five  years.    THE
    9  INSTALLATION  OR  RECONSTRUCTION  OF A HEATING SYSTEM IN A BUILDING WHEN
   10  NOT IN CONNECTION WITH THE ORIGINAL CONSTRUCTION OR  THE  RECONSTRUCTION
   11  OF SUCH BUILDING IN A CLASS "A", "B" OR "C" BUILDING, FIFTEEN YEARS. The
   12  terms  "class  'A' building," "class 'B' building" and "class 'C' build-
   13  ing," as used in this subdivision, shall mean such buildings as they are
   14  described in subdivision eleven of this paragraph.
   15    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06298-02-5