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S05294 Summary:

BILL NOS05294
 
SAME ASSAME AS A07279
 
SPONSORRANZENHOFER
 
COSPNSR
 
MLTSPNSR
 
Amd §§1676 & 1680, Pub Auth L
 
Authorizes the financing of certain stand-alone clinical facilities by the dormitory authority.
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S05294 Actions:

BILL NOS05294
 
03/20/2017REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
05/02/20171ST REPORT CAL.721
05/03/20172ND REPORT CAL.
05/08/2017ADVANCED TO THIRD READING
06/19/2017SUBSTITUTED BY A7279
 A07279 AMEND= Dinowitz
 04/19/2017referred to corporations, authorities and commissions
 04/25/2017reported referred to ways and means
 05/09/2017reported
 05/11/2017advanced to third reading cal.361
 05/17/2017passed assembly
 05/17/2017delivered to senate
 05/17/2017REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
 06/19/2017SUBSTITUTED FOR S5294
 06/19/20173RD READING CAL.721
 06/19/2017PASSED SENATE
 06/19/2017RETURNED TO ASSEMBLY
 08/31/2017delivered to governor
 09/12/2017signed chap.299
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S05294 Committee Votes:

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S05294 Floor Votes:

There are no votes for this bill in this legislative session.
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S05294 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5294
 
                               2017-2018 Regular Sessions
 
                    IN SENATE
 
                                     March 20, 2017
                                       ___________
 
        Introduced by Sen. RANZENHOFER -- (at request of the Dormitory Authority
          of  the State of New York) -- read twice and ordered printed, and when
          printed to be committed to the Committee on Corporations,  Authorities
          and Commissions
 
        AN  ACT  to amend the public authorities law, in relation to authorizing
          the dormitory authority to finance stand-alone clinical facilities for
          various human services organizations for whom the dormitory  authority
          is currently authorized to issue bonds and notes
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The undesignated paragraph of paragraph (b) of  subdivision
     2  2 of section 1676 of the public authorities law, as added by chapter 373
     3  of the laws of 1998, is amended to read as follows:
     4    NYSARC,    Inc.   for   the   acquisition,   financing,   refinancing,
     5  construction,  reconstruction,  renovation,  development,   improvement,
     6  expansion,  and  equipping  of clinical, day programming and residential
     7  facilities and necessary ancillary and related facilities throughout the
     8  state.
     9    § 2. The undesignated paragraph of paragraph (b) of subdivision  2  of
    10  section  1676  of the public authorities law, as added by chapter 369 of
    11  the laws of 2009, is amended to read as follows:
    12    Not-for-profit members of the Alliance of Long Island Agencies,  Inc.,
    13  for   the  acquisition,  financing,  refinancing,  construction,  recon-
    14  struction, renovation, development, improvement, expansion and equipping
    15  of certain educational, administrative, clinical, day program and  resi-
    16  dential facilities to be located in the state of New York.
    17    §  3.  The undesignated paragraph of paragraph (b) of subdivision 2 of
    18  section 1676 of the public authorities  law, as added by chapter 471  of
    19  the laws of 2009, is amended to read as follows:
    20    Not-for-profit  members  of  InterAgency Council of Mental Retardation
    21  and Developmental Disabilities  Agencies,  Inc.,  for  the  acquisition,
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10198-01-7

        S. 5294                             2
 
     1  financing, refinancing, construction, reconstruction, renovation, devel-
     2  opment,  improvement,  expansion  and  equipping of certain educational,
     3  administrative, clinical, day program and residential facilities  to  be
     4  located in the state of New York.
     5    §  4.  The  undesignated paragraph of subdivision 1 of section 1680 of
     6  the public authorities law, as added by chapter 373 of the laws of 1998,
     7  is amended to read as follows:
     8    NYSARC,   Inc.   for   the   acquisition,   financing,    refinancing,
     9  construction,   reconstruction,  renovation,  development,  improvement,
    10  expansion, and equipping of clinical, day  programming  and  residential
    11  facilities and necessary ancillary and related facilities throughout the
    12  state.
    13    §  5.  The  undesignated paragraph of subdivision 1 of section 1680 of
    14  the public authorities law, as added by chapter 369 of the laws of 2009,
    15  is amended to read as follows:
    16    Not-for-profit members of the Alliance of Long Island Agencies,  Inc.,
    17  for   the  acquisition,  financing,  refinancing,  construction,  recon-
    18  struction, renovation, development, improvement, expansion and equipping
    19  of certain educational, administrative, clinical, day program and  resi-
    20  dential  facilities  to  be  located in the state of New York.  Notwith-
    21  standing any other provision of law, not-for-profit members of the Alli-
    22  ance of Long Island Agencies, Inc. shall have full power  and  authority
    23  to  assign  and  pledge  to  the dormitory authority, any and all public
    24  funds to be apportioned or otherwise made payable by the United  States,
    25  any  agency thereof, the state, any agency thereof, a political subdivi-
    26  sion, as defined in section one hundred of the  general  municipal  law,
    27  any  social  services  district  in  the state or any other governmental
    28  entity in an amount sufficient to make all payments required to be  made
    29  by  such  members  pursuant  to  any  lease, sublease or other agreement
    30  entered into between such members and the dormitory authority. All state
    31  and local officers are hereby authorized and required to  pay  all  such
    32  funds  so  assigned  and pledged to the dormitory authority or, upon the
    33  direction of the dormitory authority, to any trustee  of  any  dormitory
    34  authority  bond or note issued, pursuant to a certificate filed with any
    35  such state or local officer by the dormitory authority pursuant  to  the
    36  provisions of this section.
    37    §  6.  The  undesignated paragraph of subdivision 1 of section 1680 of
    38  the public authorities law, as added by chapter 471 of the laws of 2009,
    39  is amended to read as follows:
    40    Not-for-profit members of InterAgency Council  of  Mental  Retardation
    41  and  Developmental  Disabilities  Agencies,  Inc.,  for the acquisition,
    42  financing, refinancing, construction, reconstruction, renovation, devel-
    43  opment, improvement, expansion and  equipping  of  certain  educational,
    44  administrative,  clinical,  day program and residential facilities to be
    45  located in the state of New York. Notwithstanding any other provision of
    46  law, not-for-profit members of the InterAgency Council of Mental  Retar-
    47  dation  and  Developmental  Disabilities  Agencies, Inc. shall have full
    48  power and authority to assign and pledge to the dormitory authority, any
    49  and all public funds to be apportioned or otherwise made payable by  the
    50  United  States,  any  agency  thereof,  the state, any agency thereof, a
    51  political subdivision, as defined in section one hundred of the  general
    52  municipal  law,  any  social services district in the state or any other
    53  governmental entity  in  an  amount  sufficient  to  make  all  payments
    54  required  to  be made by such members pursuant to any lease, sublease or
    55  other agreement entered into between  such  members  and  the  dormitory
    56  authority.  All  state  and  local  officers  are  hereby authorized and

        S. 5294                             3

     1  required to pay all such funds so assigned and pledged to the  dormitory
     2  authority  or,  upon  the  direction  of the dormitory authority, to any
     3  trustee of any dormitory authority bond or note issued,  pursuant  to  a
     4  certificate  filed with any such state or local officer by the dormitory
     5  authority pursuant to the provisions of this section.
     6    § 7. This act shall take effect immediately;  provided,  however  that
     7  the  amendments to the undesignated paragraph of paragraph (b) of subdi-
     8  vision 2 of section 1676 of the public authorities law made  by  section
     9  one  of  this  act  and  the  undesignated paragraph of subdivision 1 of
    10  section 1680 of the public authorities law made by section four of  this
    11  act shall not affect the repeal of such paragraphs pursuant to section 5
    12  of  chapter  373  of  the  laws of 1998, as amended, and shall be deemed
    13  repealed therewith.
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