- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
S04911 Summary:
BILL NO | S04911 |
  | |
SAME AS | SAME AS A05166 |
  | |
SPONSOR | KENNEDY |
  | |
COSPNSR | |
  | |
MLTSPNSR | |
  | |
Amd §54.30, Loc Fin L | |
  | |
Relates to the sale of bonds and notes of the city of Buffalo. |
S04911 Actions:
BILL NO | S04911 | |||||||||||||||||||||||||||||||||||||||||||||||||
  | ||||||||||||||||||||||||||||||||||||||||||||||||||
03/29/2019 | REFERRED TO LOCAL GOVERNMENT | |||||||||||||||||||||||||||||||||||||||||||||||||
05/06/2019 | 1ST REPORT CAL.574 | |||||||||||||||||||||||||||||||||||||||||||||||||
05/07/2019 | 2ND REPORT CAL. | |||||||||||||||||||||||||||||||||||||||||||||||||
05/08/2019 | ADVANCED TO THIRD READING | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2019 | HOME RULE REQUEST | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2019 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2019 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2019 | referred to cities | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | substituted for a5166 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | ordered to third reading rules cal.351 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | home rule request | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/18/2019 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/28/2019 | DELIVERED TO GOVERNOR | |||||||||||||||||||||||||||||||||||||||||||||||||
07/03/2019 | SIGNED CHAP.77 |
S04911 Committee Votes:
Go to topS04911 Floor Votes:
Yes
Abbate
Yes
Crespo
ER
Gantt
No
LiPetri
ER
Perry
Yes
Simon
Yes
Abinanti
Yes
Crouch
No
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Simotas
Yes
Arroyo
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
No
Smith
No
Ashby
Yes
Cusick
Yes
Glick
No
Malliotakis
Yes
Pretlow
No
Smullen
Yes
Aubry
Yes
Cymbrowitz
No
Goodell
No
Manktelow
Yes
Quart
Yes
Solages
No
Barclay
Yes
Davila
Yes
Gottfried
Yes
McDonald
No
Ra
No
Stec
Yes
Barnwell
Yes
De La Rosa
Yes
Griffin
No
McDonough
Yes
Raia
Yes
Steck
Yes
Barrett
Yes
DenDekker
Yes
Gunther
Yes
McMahon
Yes
Ramos
Yes
Stern
Yes
Barron
No
DeStefano
Yes
Hawley
No
Mikulin
Yes
Raynor
Yes
Stirpe
Yes
Benedetto
Yes
Dickens
Yes
Hevesi
No
Miller B
No
Reilly
No
Tague
Yes
Bichotte
Yes
Dilan
Yes
Hunter
Yes
Miller MG
Yes
Reyes
Yes
Taylor
Yes
Blake
Yes
Dinowitz
Yes
Hyndman
No
Miller ML
Yes
Richardson
Yes
Thiele
Yes
Blankenbush
No
DiPietro
Yes
Jacobson
No
Montesano
Yes
Rivera
ER
Titus
Yes
Brabenec
Yes
D'Urso
Yes
Jaffee
Yes
Morinello
Yes
Rodriguez
Yes
Vanel
Yes
Braunstein
Yes
Eichenstein
Yes
Jean-Pierre
Yes
Mosley
Yes
Romeo
No
Walczyk
Yes
Bronson
Yes
Englebright
No
Johns
Yes
Niou
Yes
Rosenthal D
Yes
Walker
Yes
Buchwald
Yes
Epstein
Yes
Jones
Yes
Nolan
Yes
Rosenthal L
Yes
Wallace
Yes
Burke
Yes
Fahy
Yes
Joyner
Yes
Norris
Yes
Rozic
Yes
Walsh
Yes
Buttenschon
Yes
Fall
Yes
Kim
Yes
O'Donnell
Yes
Ryan
Yes
Weinstein
ER
Byrne
Yes
Fernandez
No
Kolb
Yes
Ortiz
No
Salka
AB
Weprin
No
Byrnes
No
Finch
Yes
Lalor
Yes
Otis
Yes
Santabarbara
Yes
Williams
Yes
Cahill
Yes
Fitzpatrick
Yes
Lavine
No
Palmesano
Yes
Sayegh
Yes
Woerner
Yes
Carroll
No
Friend
No
Lawrence
No
Palumbo
Yes
Schimminger
Yes
Wright
Yes
Colton
Yes
Frontus
Yes
Lentol
Yes
Paulin
No
Schmitt
Yes
Zebrowski
Yes
Cook
Yes
Galef
Yes
Lifton
Yes
Peoples-Stokes
Yes
Seawright
Yes
Mr. Speaker
‡ Indicates voting via videoconference
S04911 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 4911 2019-2020 Regular Sessions IN SENATE March 29, 2019 ___________ Introduced by Sen. KENNEDY -- 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 bonds and notes of the city of Buffalo The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 54.30 of the local finance law, as amended by chap- 2 ter 105 of the laws of 2018, is amended to read as follows: 3 § 54.30 Costs of sales; bonds and notes of the city of Buffalo. 4 Subject to the provisions of chapter one hundred twenty-two of the laws 5 of two thousand three creating the Buffalo fiscal stability authority, 6 to facilitate the marketing of any issue of serial bonds or notes of the 7 city of Buffalo issued on or before June thirtieth, two thousand [nine-8teen] twenty, such city may, notwithstanding any limitations on private 9 sales of bonds provided by law, and subject to approval by the state 10 comptroller of the terms and conditions of such sale: (a) arrange for 11 the underwriting of its bonds or notes at private sale through negoti- 12 ated agreement, compensation for such underwriting to be provided by 13 negotiated fee or by sale of such bonds or notes to an underwriter at a 14 price of less than the sum of par value of, and the accrued interest on, 15 such obligations; or (b) arrange for the private sale of its bonds or 16 notes through negotiated agreement, compensation for such sales to be 17 provided by negotiated fee, if required. The cost of such underwriting 18 or private placement shall be deemed a preliminary cost for purposes of 19 section 11.00 of this article. 20 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04228-01-9