Bill Text: NY S05305 | 2021-2022 | General Assembly | Introduced
Bill Title: Extends provisions of law relating to the "Procurement Stewardship Act of 1995" from June 30, 2021 until June 30, 2026.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2022-01-05 - REFERRED TO PROCUREMENT AND CONTRACTS [S05305 Detail]
Download: New_York-2021-S05305-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 5305 2021-2022 Regular Sessions IN SENATE March 1, 2021 ___________ Introduced by Sen. REICHLIN-MELNICK -- read twice and ordered printed, and when printed to be committed to the Committee on Procurement and Contracts AN ACT to amend chapter 83 of the laws of 1995 amending the state finance law and other laws relating to bonds, notes and revenues, in relation to the effectiveness of certain provisions thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 5 of section 362 of chapter 83 of the laws of 2 1995 amending the state finance law and other laws relating to bonds, 3 notes and revenues, as amended by section 1 of part F of chapter 57 of 4 the laws of 2016, is amended to read as follows: 5 5. Sections thirty-one through forty-two of this act shall take effect 6 on the thirtieth day after it shall have become a law and shall be 7 deemed to have been in full force and effect on and after April 1, 1995; 8 provided that section 163 of the state finance law, as added by section 9 thirty-three of this act shall remain in full force and effect until 10 June 30, [2021] 2026 at which time it shall expire and be deemed 11 repealed. Contracts executed prior to the expiration of such section 163 12 shall remain in full force and effect until the expiration of any such 13 contract notwithstanding the expiration of certain provisions of this 14 act. 15 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10217-01-1