S04364 Summary:
BILL NO | S04364 |
  | |
SAME AS | SAME AS A06354 |
  | |
SPONSOR | GALLIVAN |
  | |
COSPNSR | |
  | |
MLTSPNSR | |
  | |
Amd S54.50, Loc Fin L | |
  | |
Relates to the sale of municipal obligations by the county of Erie. |
S04364 Actions:
BILL NO | S04364 | |||||||||||||||||||||||||||||||||||||||||||||||||
  | ||||||||||||||||||||||||||||||||||||||||||||||||||
03/22/2013 | REFERRED TO LOCAL GOVERNMENT | |||||||||||||||||||||||||||||||||||||||||||||||||
04/30/2013 | 1ST REPORT CAL.495 | |||||||||||||||||||||||||||||||||||||||||||||||||
05/01/2013 | 2ND REPORT CAL. | |||||||||||||||||||||||||||||||||||||||||||||||||
05/06/2013 | ADVANCED TO THIRD READING | |||||||||||||||||||||||||||||||||||||||||||||||||
05/20/2013 | HOME RULE REQUEST | |||||||||||||||||||||||||||||||||||||||||||||||||
05/20/2013 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
05/20/2013 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
05/20/2013 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
05/29/2013 | substituted for a6354 | |||||||||||||||||||||||||||||||||||||||||||||||||
05/29/2013 | ordered to third reading cal.358 | |||||||||||||||||||||||||||||||||||||||||||||||||
05/29/2013 | home rule request | |||||||||||||||||||||||||||||||||||||||||||||||||
05/29/2013 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
05/29/2013 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/24/2013 | DELIVERED TO GOVERNOR | |||||||||||||||||||||||||||||||||||||||||||||||||
06/30/2013 | SIGNED CHAP.89 |
S04364 Floor Votes:
Yes
Abbate
Yes
Crespo
Yes
Goodell
Yes
Lupardo
Yes
Paulin
Yes
Simanowitz
Yes
Abinanti
Yes
Crouch
Yes
Gottfried
Yes
Lupinacci
Yes
Peoples-Stokes
Yes
Simotas
Yes
Arroyo
Yes
Curran
Yes
Graf
Yes
Magee
Yes
Perry
Yes
Skartados
Yes
Aubry
Yes
Cusick
Yes
Gunther
Yes
Magnarelli
Yes
Pretlow
Yes
Skoufis
Yes
Barclay
Yes
Cymbrowitz
ER
Hawley
Yes
Maisel
Yes
Quart
Yes
Solages
Yes
Barrett
Yes
DenDekker
Yes
Heastie
Yes
Malliotakis
Yes
Ra
Yes
Stec
Yes
Barron
Yes
Dinowitz
Yes
Hennessey
Yes
Markey
ER
Rabbitt
Yes
Steck
Yes
Benedetto
Yes
DiPietro
Yes
Hevesi
Yes
Mayer
Yes
Raia
Yes
Stevenson
Yes
Blankenbush
Yes
Duprey
Yes
Hikind
Yes
McDonald
Yes
Ramos
Yes
Stirpe
Yes
Borelli
Yes
Englebright
Yes
Hooper
Yes
McDonough
Yes
Reilich
Yes
Sweeney
ER
Boyland
Yes
Espinal
Yes
Jacobs
Yes
McKevitt
ER
Rivera
Yes
Tedisco
Yes
Braunstein
Yes
Fahy
Yes
Jaffee
Yes
McLaughlin
Yes
Roberts
Yes
Tenney
Yes
Brennan
Yes
Farrell
Yes
Johns
Yes
Miller
ER
Robinson
Yes
Thiele
Yes
Brindisi
Yes
Finch
Yes
Jordan
Yes
Millman
Yes
Rodriguez
Yes
Titone
Yes
Bronson
Yes
Fitzpatrick
Yes
Katz
Yes
Montesano
Yes
Rosa
Yes
Titus
Yes
Brook-Krasny
Yes
Friend
Yes
Kavanagh
Yes
Morelle
Yes
Rosenthal
Yes
Walter
Yes
Buchwald
Yes
Gabryszak
Yes
Kearns
Yes
Mosley
Yes
Rozic
Yes
Weinstein
ER
Butler
Yes
Galef
ER
Kellner
ER
Moya
Yes
Russell
Yes
Weisenberg
Yes
Cahill
Yes
Gantt
Yes
Kim
Yes
Nojay
Yes
Ryan
NV
Weprin
Yes
Camara
Yes
Garbarino
Yes
Kolb
Yes
Nolan
Yes
Saladino
Yes
Wright
Yes
Ceretto
Yes
Gibson
Yes
Lalor
Yes
Oaks
Yes
Santabarbara
Yes
Zebrowski
Yes
Clark
Yes
Giglio
Yes
Lavine
Yes
O'Donnell
Yes
Scarborough
Yes
Mr. Speaker
Yes
Colton
Yes
Gjonaj
Yes
Lentol
Yes
Ortiz
Yes
Schimel
Yes
Cook
Yes
Glick
Yes
Lifton
Yes
Otis
Yes
Schimminger
Yes
Corwin
Yes
Goldfeder
Yes
Lopez
Yes
Palmesano
Yes
Sepulveda
‡ Indicates voting via videoconference
S04364 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 4364 2013-2014 Regular Sessions IN SENATE March 22, 2013 ___________ Introduced by Sen. GALLIVAN -- 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 the sale of munic- ipal obligations by the county of Erie The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 54.50 of the local finance law, as amended by chap- 2 ter 80 of the laws of 2012, is amended to read as follows: 3 § 54.50 Costs of sales; county of Erie. To facilitate the marketing of 4 any issue of serial bonds or notes of the county of Erie issued on or 5 before June thirtieth, two thousand [thirteen] fourteen such county may, 6 notwithstanding any limitations on private sales of bonds provided by 7 law, and subject to approval by the state comptroller of the terms and 8 conditions of such sale: 9 a. arrange for the underwriting of its bonds or notes at private sale 10 through negotiated agreement, compensation for such underwriting to be 11 provided by negotiated fee or by sale of such bonds or notes to an 12 underwriter at a price less than the sum of par value of, and the 13 accrued interest on, such obligations; or 14 b. arrange for the private sale of its bonds or notes through negoti- 15 ated agreement, compensation for such sales to be provided by negotiated 16 fee, if required. The cost of such underwriting or private placement 17 shall be deemed a preliminary cost for purposes of section 11.00 of this 18 chapter. 19 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09395-01-3