Extends until January 1, 2024 the authority of counties, cities, towns and villages to exclude from their constitutional debt limits indebtedness contracted from the construction and reconstruction of facilities for the conveyance, treatment and disposal of sewage.
STATE OF NEW YORK
________________________________________________________________________
4065
2013-2014 Regular Sessions
IN SENATE
March 6, 2013
___________
Introduced by Sen. MARTINS -- (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 [fourteen] twenty-
6 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 submitted to the people for approval at the general election to be
14 held in the year 2013 in accordance with the provisions of the election
15 law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD89024-01-3