Bill Text: NY S05383 | 2017-2018 | General Assembly | Introduced

New York Senate Bill 5383 (Prior Session Legislation)

Introduced

Bill Title: Relates to statutory installment bonds and extending the effectiveness thereof.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2017-07-25 - SIGNED CHAP.139 [S05383 Detail]

Download: New_York-2017-S05383-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          5383
                               2017-2018 Regular Sessions
                    IN SENATE
                                     March 23, 2017
                                       ___________
        Introduced by Sen. MARCHIONE -- (at request of the Environmental Facili-
          ties  Corporation) -- read twice and ordered printed, and when printed
          to be committed to the Committee on Local Government
        AN ACT to amend chapter 581 of the  laws  of  2005  amending  the  local
          finance  law  relating  to statutory installment bonds, in relation to
          extending the effectiveness thereof
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Section 2 of chapter 581 of the laws of 2005 amending the
     2  local finance law relating to statutory installment bonds, as amended by
     3  chapter 110 of the laws of 2014, is amended to read as follows:
     4    § 2. This act shall take effect immediately and shall remain  in  full
     5  force and effect until September 30, [2017] 2020, at which time it shall
     6  expire and be deemed repealed.
     7    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09931-01-7