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A02460 Summary:

BILL NO    A02460 

SAME AS    No Same as 

SPONSOR    Tedisco

COSPNSR    Montesano, Lalor, Malliotakis

MLTSPNSR   Barclay, Crouch, Finch, Goodell, Kolb, McLaughlin, Oaks, Raia,
           Tenney, Thiele

Add S7-112, amd S4-116, El L; add SS6 & 65-a, amd SS92 & 97-rrr, St Fin L

Requires that any ballot proposition creating a state debt shall contain an
estimate of the amortization period and the total expected debt service payable
thereon until the bonds issued pursuant to such proposition are retired;
relates to deposits to the tax stabilization reserve fund; provides that at
least 10% of any surplus shall be used to pay down state debt.
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