New York State Assembly

 
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A09466 Summary:

A09466 Actions:

A09466 Committee Votes:

Committee:CITIES   Chair:Braunstein      
DATE:05/07/2024AYE/NAY:16/0  Action: Favorable refer to committee Ways and Means        
Braunstein
Aye
Reilly
Aye
Carroll
Aye
Tannousis
Aye
Taylor
Aye
Beephan
Aye
Jacobson
Aye
Brook-Krasny
Aye
Eichenstein
Aye
Novakhov
Aye
Fall
Aye
Gonzalez-Rojas
Aye
Mamdani
Aye
Jackson
Aye
Meeks
Aye
Dais
Aye

Committee:WAYS AND MEANS   Chair:Weinstein      
DATE:05/13/2024AYE/NAY:26/5  Action: Favorable refer to committee Rules        
Weinstein
Aye
Ra
Aye
Glick
Aye
Fitzpatrick
Excused
Pretlow
Aye
Hawley
Aye
Colton
Aye
Blankenbush
Aye
Cook
Aye
Norris
Nay
Aubry
Aye
Brabenec
Nay
Benedetto
Aye
Palmesano
Nay
Weprin
Aye
Walsh
Nay
Ramos
Aye
DeStefano
Aye
Braunstein
Aye
Manktelow
Aye
McDonald
Aye
Smullen
Nay
Rozic
Aye
Dinowitz
Aye
Magnarelli
Aye
Zebrowski
Aye
Bronson
Aye
Dilan
Aye
Seawright
Excused
Hyndman
Aye
Walker
Excused
Bichotte Hermel
Excused
Simon
Aye
Cruz
Aye
Fahy
Aye

Committee:RULES   Chair:Pretlow      
DATE:05/15/2024AYE/NAY:28/1  Action: Favorable         
Heastie
Excused
Barclay
Aye
Weinstein
Aye
Hawley
Aye
Pretlow
Aye
Giglio
Aye
Cook
Aye
Blankenbush
Aye
Glick
Aye
Norris
Nay
Aubry
Aye
Ra
Aye
Dinowitz
Aye
Brabenec
Aye
Colton
Aye
Palmesano
Aye
Magnarelli
Aye
Reilly
Aye
Paulin
Aye
Peoples-Stokes
Aye
Benedetto
Aye
Lavine
Aye
Lupardo
Aye
Zebrowski
Aye
Thiele
Aye
Braunstein
Aye
Dickens
Excused
Davila
Aye
Hyndman
Aye
Rozic
Aye
Bronson
Aye

A09466 Floor Votes:

A09466 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9466
 
                   IN ASSEMBLY
 
                                     March 14, 2024
                                       ___________
 
        Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
          tee on Cities
 
        AN ACT to amend the local finance law, in relation to bonds and notes of
          the city of Yonkers
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 54.40 of the local finance law, as amended by chap-
     2  ter 168 of the laws of 2023, is amended to read as follows:
     3    §  54.40  Bonds  and  notes  of  the  city  of Yonkers. Subject to the
     4  provisions of the New York state financial  emergency  act  of  nineteen
     5  hundred eighty-four for the city of Yonkers, to facilitate the marketing
     6  of  any  issue of serial bonds or notes of the city of Yonkers issued on
     7  or before June thirtieth, two thousand [twenty-four]  twenty-five,  such
     8  city  may,  notwithstanding  any  limitations  on private sales of bonds
     9  provided by law, and subject to approval by the state comptroller of the
    10  terms and conditions of such sale: (a) arrange for the  underwriting  of
    11  its bonds or notes at private sale through negotiated agreement, compen-
    12  sation for such underwriting to be provided by negotiated fee or by sale
    13  of such bonds or notes to an underwriter at a price of less than the sum
    14  of  par  value of, and the accrued interest on, such obligations; or (b)
    15  arrange for the private sale of its bonds or  notes  through  negotiated
    16  agreement, compensation for such sales to be provided by negotiated fee,
    17  if required. The cost of such underwriting or private placement shall be
    18  deemed a preliminary cost for purposes of section 11.00 of this article.
    19    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14808-01-4