Bill Text: NY S05230 | 2013-2014 | General Assembly | Amended

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Bill Title: Provides that bond anticipation notes by the town of Ulster, Ulster county issued during calendar years 2009 and 2010 may not extend more than seven years beyond the original date of issuance of such bond notes.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2013-09-27 - SIGNED CHAP.373 [S05230 Detail]

Download: New_York-2013-S05230-Amended.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        5230--A
                              2013-2014 Regular Sessions
                                   I N  S E N A T E
                                     May 14, 2013
                                      ___________
       Introduced  by  Sen. TKACZYK -- read twice and ordered printed, and when
         printed to be committed  to  the  Committee  on  Local  Government  --
         committee  discharged,  bill amended, ordered reprinted as amended and
         recommitted to said committee
       AN ACT in relation to bond anticipation notes issued during the calendar
         years 2009 and 2010 by the town of Ulster, Ulster County
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Notwithstanding  section  23.00 of the local finance law,
    2  renewals of bond anticipation notes issued  originally  during  calendar
    3  year  2009  or  2010 by the town of Ulster, in the county of Ulster, may
    4  not extend more than seven years beyond the original date  of  issue  of
    5  such bond anticipation notes.
    6    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD09847-04-3