Authorizes the extension of repayment of inter-fund advances made for expenses related to the storm commonly known as Sandy; provides repayment shall be made by close of the fiscal year next succeeding fiscal year in which advances were made.
STATE OF NEW YORK
________________________________________________________________________
5549
2013-2014 Regular Sessions
IN ASSEMBLY
February 28, 2013
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Introduced by M. of A. MAGNARELLI, LAVINE, ROBERTS, ROBINSON, LUPARDO,
RIVERA, ZEBROWSKI, JAFFEE, WEISENBERG, OTIS, THIELE, SKOUFIS, COOK --
Multi-Sponsored by -- M. of A. BRENNAN, GLICK, GOTTFRIED, MAGEE, McDO-
NALD, SKARTADOS, SWEENEY -- (at request of the State Comptroller) --
read once and referred to the Committee on Local Governments
AN ACT in relation to authorizing the extension of repayment of inter-
fund advances made for expenses related to the storm commonly known as
Sandy
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Notwithstanding the provisions of subdivision 3 of section
2 9-a of the general municipal law, for inter-fund advances made pursuant
3 to such subdivision for costs attributable to the storm commonly known
4 as Sandy, repayment of moneys to the fund from which they were advanced
5 shall be made by close of the fiscal year next succeeding the fiscal
6 year in which such advance was made.
7 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05511-01-3
