STATE OF NEW YORK
________________________________________________________________________
S. 3690 A. 5245
2015-2016 Regular Sessions
SENATE - ASSEMBLY
February 13, 2015
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IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print-
ed, and when printed to be committed to the Committee on Local Govern-
ment
IN ASSEMBLY -- Introduced by M. of A. THIELE -- read once and referred
to the Committee on Local Governments
AN ACT to amend the local finance law, in relation to the issuance of
bonds to finance airport improvements at the East Hampton Airport
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph a of section 11.00 of the local finance law is
2 amended by adding a new subdivision 14-a to read as follows:
3 14-a. Airport construction and improvement of the East Hampton
4 Airport. The construction, reconstruction, or extension of the East
5 Hampton Airport, whether or not including buildings, hangars, runways,
6 taxi-strips, paved areas, grading, filling, drainage, other site work,
7 original furnishings, equipment, machinery or apparatus, thirty years;
8 the acquisition or replacement of such equipment, machinery or appara-
9 tus, thirty years.
10 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08014-01-5
