Prohibits the creation of certain new public corporations and provides for the dissolution of certain public corporations; provides for assumption of outstanding debt by the state.
STATE OF NEW YORK
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5704
2013-2014 Regular Sessions
IN ASSEMBLY
March 6, 2013
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Introduced by M. of A. BRENNAN, CAHILL, COLTON -- Multi-Sponsored by --
M. of A. COOK, GALEF, JACOBS -- read once and referred to the Commit-
tee on Corporations, Authorities and Commissions
CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY
proposing an amendment to section 5 of article 10 of the constitution,
in relation to prohibiting the establishment of certain new public
corporations and providing for the dissolution of certain public
corporations
1 Section 1. Resolved (if the Senate concur), That the opening paragraph
2 of section 5 of article 10 of the constitution be amended to read as
3 follows:
4 No public corporation (other than a county, city, town, village,
5 school district or fire district or an improvement district established
6 in a town or towns) possessing both the power to contract indebtedness
7 and the power to collect rentals, charges, rates or fees for the
8 services or facilities furnished or supplied by it shall hereafter be
9 created [except by special act of the legislature] pursuant to the
10 authority of this constitution or any other law, general, special, or
11 local, except as authorized pursuant to article eighteen of this consti-
12 tution. All public corporations (other than a county, city, town,
13 village, school district or fire district or an improvement district
14 established in a town or towns) heretofore created by special act of the
15 legislature shall be dissolved one year after this sentence shall have
16 become law, except any such corporation authorized pursuant to article
17 eighteen of this constitution. Upon the dissolution of any public corpo-
18 ration pursuant to this section, any debt of such corporation outstand-
19 ing at the time of its dissolution shall be assumed by the state. Any
20 law or laws authorizing the assumption of such debt shall take effect
21 without submission to the people.
22 § 2. Resolved (if the Senate concur), That the foregoing amendment be
23 referred to the first regular legislative session convening after the
24 next succeeding general election of members of the assembly, and, in
25 conformity with section 1 of article 19 of the constitution, be
26 published for 3 months previous to the time of such election.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD89111-01-3
