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S09355 Summary:

BILL NOS09355
 
SAME ASNo Same As
 
SPONSORBASKIN
 
COSPNSR
 
MLTSPNSR
 
Amd §§1676 & 1680, Pub Auth L
 
Authorizes the dormitory authority to provide financing to D'Youville Housing Association LLC for the construction of facilities on the campus of D'Youville University.
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S09355 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9355
 
                    IN SENATE
 
                                      March 4, 2026
                                       ___________
 
        Introduced  by  Sen.  BASKIN -- read twice and ordered printed, and when
          printed to be committed to the Committee on Corporations,  Authorities
          and Commissions
 
        AN  ACT  to amend the public authorities law, in relation to authorizing
          the dormitory authority to provide  financing  to  D'Youville  Housing
          Association LLC for the construction of facilities

          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    D'Youville  Housing  Association  LLC  for the purpose of financing or
     5  refinancing the acquisition, design, construction, reconstruction, reha-
     6  bilitation, improvement,  furnishing  and  equipping  of,  or  otherwise
     7  providing  for  residential  housing located on the campus of D'Youville
     8  University.
     9    § 2. Subdivision 1 of section 1680 of the public  authorities  law  is
    10  amended by adding a new undesignated paragraph to read as follows:
    11    D'Youville  Housing  Association  LLC  for the purpose of financing or
    12  refinancing the acquisition, design, construction, reconstruction, reha-
    13  bilitation, improvement,  furnishing  and  equipping  of,  or  otherwise
    14  providing  for  residential  housing located on the campus of D'Youville
    15  University.
    16    § 3. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15098-01-6
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