Bill Text: NY S08931 | 2021-2022 | General Assembly | Introduced

New York Senate Bill 8931 (Prior Session Legislation)

Introduced

Bill Title: Excludes indebtedness for the construction of sewage facilities contracted prior to 2034 in determining current local debt limitation.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2022-06-15 - DELIVERED TO SECRETARY OF STATE [S08931 Detail]

Download: New_York-2021-S08931-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          8931

                    IN SENATE

                                     April 29, 2022
                                       ___________

        Introduced  by Sen. GAUGHRAN -- (at request of the State Comptroller) --
          read twice and ordered printed, and when printed to  be  committed  to
          the Committee on Judiciary

                    CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY

        proposing an amendment to section 5 of article 8 of the constitution, in
          relation to the exclusion of indebtedness contracted for sewage facil-
          ities

     1    Section  1.  Resolved  (if  the  Assembly concur), That paragraph E of
     2  section 5 of article 8  of  the  constitution  be  amended  to  read  as
     3  follows:
     4    E. Indebtedness contracted on or after January first, nineteen hundred
     5  sixty-two  and  prior to January first, two thousand [twenty-four] thir-
     6  ty-four, for the construction or reconstruction of  facilities  for  the
     7  conveyance,  treatment  and  disposal  of  sewage. The legislature shall
     8  prescribe the method by which and the terms and conditions  under  which
     9  the  amount of any such indebtedness to be excluded shall be determined,
    10  and no such indebtedness shall be excluded  except  in  accordance  with
    11  such determination.
    12    §  2.  RESOLVED (if the Assembly concur), That the foregoing amendment
    13  be referred to the first regular legislative session convening after the
    14  next succeeding general election of members of  the  assembly,  and,  in
    15  conformity  with  section  1  of  article  19  of  the  constitution, be
    16  published for 3 months previous to the time of such election.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD89180-02-2