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A11541 Summary:

BILL NOA11541
 
SAME ASSAME AS S10619
 
SPONSORRules (Carroll R)
 
COSPNSR
 
MLTSPNSR
 
Amd §§1676 & 1680, Pub Auth L
 
Provides dormitory authority financing for construction of buildings to be used as a school for Yeshiva Ohr Yoseph.
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A11541 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          11541
 
                   IN ASSEMBLY
 
                                      June 1, 2026
                                       ___________
 
        Introduced  by COMMITTEE ON RULES -- (at request of M. of A. R. Carroll)
          -- read once and referred to the Committee on  Corporations,  Authori-
          ties and Commissions
 
        AN ACT to amend the public authorities law, in relation to providing for
          the  financing  and construction of capital facilities for Yeshiva Ohr
          Yoseph
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Paragraph  (b)  of  subdivision  2 of section 1676 of the
     2  public authorities law is amended by adding a new undesignated paragraph
     3  to read as follows:
     4    Yeshiva Ohr Yoseph, an independent, not-for-profit private, accredited
     5  college/school of higher learning, that is exempt  from  federal  income
     6  tax  as an organization described in § 501(c)(3) of the Internal Revenue
     7  Code for the financing, acquisition and equipping of a  building  to  be
     8  located  at  1128  36th  Street,  Kings County, New York to be used as a
     9  school.
    10    § 2. Subdivision 1 of section 1680 of the public  authorities  law  is
    11  amended by adding a new undesignated paragraph to read as follows:
    12    Yeshiva Ohr Yoseph, an independent, not-for-profit private, accredited
    13  college/school  of  higher  learning, that is exempt from federal income
    14  tax as an organization described in § 501(c)(3) of the Internal  Revenue
    15  Code  for  the  financing, acquisition and equipping of a building to be
    16  located at 1128 36th Street, Kings County, New York  to  be  used  as  a
    17  school.
    18    § 3. This act shall take effect immediately.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD16046-01-6
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