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A05913 Summary:

BILL NOA05913
 
SAME ASSAME AS S05287, SAME AS A06547
 
SPONSORSeawright
 
COSPNSRMcDonald, Alvarez, McMahon, Lunsford
 
MLTSPNSR
 
Amd §5, Chap 373 of 1998
 
Extends the authority of NYSARC, Inc., to maintain bonds until 2028.
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A05913 Actions:

BILL NOA05913
 
03/24/2023referred to corporations, authorities and commissions
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A05913 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A5913
 
SPONSOR: Seawright
  TITLE OF BILL: An act to amend chapter 373 of the laws of 1998, amending the public authorities law relating to the powers of NYSARC, Inc., in relation to the effectiveness thereof   PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to extend the authority of NYSARC, Inc., d/b/a The Arc New York, to avail itself of Dormitory Authority of the. State of New York services until December 31, 2028.   SUMMARY OF PROVISIONS: Section 1 of this bill would extend, until December 31, 2028, the authority of NYSARC to avail itself of Dormitory Authority of the State of New York services. Section 2 of this bill would establish a contracts provision. Section 3 of this bill provides that the effective date shall take effect immediately.   JUSTIFICATION: NYSARC is a private, not-for-profit organization dedicated to ensuring that persons with intellectual and developmental disabilities become active and contributing members of their communities. Since NYSARC's authority to utilize Dormitory Authority construction and management services was established, NYSARC has bonded over $356,000,000 for 562 projects throughout the state saving over $52 million in public funds. Expiration of NYSARC's authority would undermine very substantial bond initiatives now underway, resulting in lost savings to the state and lost funding to reinvest in critical services to persons with develop- mental disabilities. Future bond issues contingent on this legislation are expected to continue to benefit both New York taxpayers and the people and families that reply on NYSARC for services.   PRIOR LEGISLATIVE HISTORY: 2017-18: A10332 (Gunther)- Signed Chapter 444. 2013-14: A4844 Weisenberg - Signed Chapter 26. 2007-08: A10592 (Weisenberg) Signed Chapter 194 2003-04: A9001 (Rivera) - Signed Chapter 622.   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: None.   EFFECTIVE DATE: This act shall take effect immediately.
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A05913 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5913
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 24, 2023
                                       ___________
 
        Introduced  by  M.  of  A.  SEAWRIGHT  --  read once and referred to the
          Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend chapter 373 of the laws of  1998,  amending  the  public
          authorities law relating to the powers of NYSARC, Inc., in relation to
          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 5 of chapter 373 of the laws of 1998, amending  the
     2  public  authorities  law  relating  to  the  powers  of NYSARC, Inc., as
     3  amended by chapter 444 of the laws  of  2018,  is  amended  to  read  as
     4  follows:
     5    §  5.  This  act shall take effect immediately and shall expire and be
     6  deemed repealed on December 31, [2023] 2028.
     7    § 2. Any contracts entered into by the dormitory authority pursuant to
     8  this act shall be deemed state contracts within the meaning of that term
     9  as set forth in article 15-A of the executive  law,  and  the  authority
    10  shall  be  deemed, for the purposes of this act, a contracting agency as
    11  that term is used in such article.
    12    § 3. This act shall take effect immediately.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09913-01-3
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