STATE OF NEW YORK
________________________________________________________________________
4829--A
2015-2016 Regular Sessions
IN SENATE
April 20, 2015
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Introduced by Sen. RANZENHOFER -- (at request of the Dormitory Authori-
ty) -- read twice and ordered printed, and when printed to be commit-
ted to the Committee on Corporations, Authorities and Commissions --
reported favorably from said committee and committed to the Committee
on Health -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee
AN ACT to amend the public authorities law, in relation to authorizing
the dormitory authority to finance and construct facilities for organ-
izations undertaking projects under the capital restructuring financ-
ing program or the delivery system reform incentive payment (DSRIP)
program
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 Organizations, including without limitation partnerships, limited
5 partnerships, business corporations, benefit corporations, public corpo-
6 rations, corporations formed other than for profit, limited liability
7 companies, and joint ventures that either: (a) have been selected to
8 receive capital grants under: (i) the state capital restructuring
9 financing program established pursuant to section twenty-eight hundred
10 twenty-five of the public health law and section sixteen hundred eight-
11 y-r of this title, or (ii) the health care facility transformation
12 program established by sections twenty-eight hundred twenty-five-a or
13 twenty-eight hundred twenty-five-b of the public health law and section
14 sixteen hundred eighty-r of the public authorities law; or (b) are
15 participating in the delivery system reform incentive payment (DSRIP)
16 program.
17 § 2. Subdivision 1 of section 1680 of the public authorities law is
18 amended by adding a new undesignated paragraph to read as follows:
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09528-03-5
S. 4829--A 2
1 Organizations, including without limitation partnerships, limited
2 partnerships, business corporations, benefit corporations, public corpo-
3 rations, corporations formed other than for profit, limited liability
4 companies, and joint ventures that either: (a) have been selected to
5 receive capital grants under: (i) the state capital restructuring
6 financing program established pursuant to section twenty-eight hundred
7 twenty-five of the public health law and section sixteen hundred eight-
8 y-r of this title, or (ii) the health care facility transformation
9 program established by sections twenty-eight hundred twenty-five-a or
10 twenty-eight hundred twenty-five-b of the public health law and section
11 sixteen hundred eighty-r of the public authorities law; or (b) are
12 participating in the delivery system reform incentive payment (DSRIP)
13 program.
14 § 3. This act shall take effect immediately.
