STATE OF NEW YORK
________________________________________________________________________
6554
2011-2012 Regular Sessions
IN ASSEMBLY
March 21, 2011
___________
Introduced by M. of A. RABBITT -- read once and referred to the Commit-
tee on Local Governments
AN ACT to amend chapter 626 of the laws of 1996, amending the local
finance law relating to the issuance of land installment purchase
obligations, in relation to making permanent the effectiveness of the
provisions of such chapter
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 3 of chapter 626 of the laws of 1996, amending the
2 local finance law relating to the issuance of land installment purchase
3 obligations, as amended by chapter 456 of the laws of 2000, is amended
4 to read as follows:
5 § 3. This act shall take effect immediately [and shall expire on July
6 31, 2011 when upon such date the provisions of this act shall be deemed
7 repealed].
8 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10202-01-1
