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A05425 Summary:

BILL NOA05425
 
SAME ASNo Same As
 
SPONSORBraunstein
 
COSPNSR
 
MLTSPNSR
 
Amd §25, Gen Muni L
 
Provides that monies may not be withdrawn from the revenue stabilization fund of the city of New York in any fiscal year unless the mayor has certified that there is a compelling fiscal need, including a national or regional recession of at least two quarters of declining real gross city product, a natural or other disaster, including terrorist attacks, or a declared state of emergency in the city of New York or the state of New York.
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