A01007 Summary:

BILL NOA01007
 
SAME ASSAME AS S00229
 
SPONSORCusick
 
COSPNSRTitone, Malliotakis
 
MLTSPNSR
 
Amd §2976, Pub Auth L
 
Exempts the metropolitan transportation authority from bond issuance charges otherwise required to be paid to the state.
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A01007 Actions:

BILL NOA01007
 
01/10/2017referred to corporations, authorities and commissions
01/03/2018referred to corporations, authorities and commissions
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A01007 Committee Votes:

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A01007 Floor Votes:

There are no votes for this bill in this legislative session.
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A01007 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1007
 
                               2017-2018 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 10, 2017
                                       ___________
 
        Introduced  by  M.  of  A.  CUSICK, TITONE, MALLIOTAKIS -- read once and
          referred to the Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend the public authorities law,  in  relation  to  exempting
          certain public authorities from bond issuance charges
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 4 of section 2976  of  the  public  authorities
     2  law,  as  added  by  section  12 of part E of chapter 494 of the laws of
     3  2009, is amended to read as follows:
     4    4. The provisions of subdivisions one and two of  this  section  shall
     5  not  apply  to bonds, notes or other obligations issued by the metropol-
     6  itan transportation authority, and the New York city transit  authority,
     7  the  Triborough  bridge  and tunnel authority, and to recovery act bonds
     8  issued by the state of New York municipal bond bank agency in connection
     9  with local American Recovery and Reinvestment Act  pursuant  to  section
    10  two thousand four hundred thirty-six-b of this chapter.
    11    § 2. This act shall take effect immediately.
 
 
 
 

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00254-01-7
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