New York State Assembly

Bill No.:  

 
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S06817 Summary:

BILL NO	S06817
SAME AS	SAME AS A09122
SPONSOR	STEWART-COUSINS
COSPNSR	TKACZYK
MLTSPNSR
Amd S23.00, Loc Fin L
Provides that bond anticipation notes issued during calendar years 2010 and 2011 may not extend more than 7 years beyond original date of issuance of such bond notes.

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S06817 Actions:

BILL NO	S06817
03/13/2014	REFERRED TO LOCAL GOVERNMENT
04/29/2014	1ST REPORT CAL.449
04/30/2014	2ND REPORT CAL.
05/05/2014	ADVANCED TO THIRD READING
05/19/2014	PASSED SENATE
05/19/2014	DELIVERED TO ASSEMBLY
05/19/2014	referred to local governments

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S06817 Floor Votes:

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S06817 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6817
 
                    IN SENATE
 
                                     March 13, 2014
                                       ___________
 
        Introduced  by  Sen.  STEWART-COUSINS -- read twice and ordered printed,
          and when printed to be committed to the Committee on Local Government
 
        AN ACT to amend the local finance law, in relation to bond  anticipation
          notes issued during the calendar years 2010 and 2011
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 

     1    Section 1. Subparagraph 2 of paragraph b of section 23.00 of the local
     2  finance law, as amended by chapter 264 of the laws of 2012,  is  amended
     3  to read as follows:
     4    2. renewals of bond anticipation notes issued originally during calen-
     5  dar year two thousand [seven] ten or two thousand [eight] eleven may not
     6  extend  more  than seven years beyond the original date of issue of such
     7  bond anticipation notes.
     8    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14031-01-4

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