- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
S08010 Summary:
BILL NO | S08010 |
  | |
SAME AS | SAME AS A09895 |
  | |
SPONSOR | JACOBS |
  | |
COSPNSR | |
  | |
MLTSPNSR | |
  | |
Amd §54.30, Loc Fin L | |
  | |
Relates to the sale of bonds and notes of the city of Buffalo. |
S08010 Actions:
BILL NO | S08010 | |||||||||||||||||||||||||||||||||||||||||||||||||
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03/19/2018 | REFERRED TO LOCAL GOVERNMENT | |||||||||||||||||||||||||||||||||||||||||||||||||
05/15/2018 | 1ST REPORT CAL.1194 | |||||||||||||||||||||||||||||||||||||||||||||||||
05/16/2018 | 2ND REPORT CAL. | |||||||||||||||||||||||||||||||||||||||||||||||||
05/22/2018 | ADVANCED TO THIRD READING | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2018 | HOME RULE REQUEST | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2018 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2018 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
06/11/2018 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2018 | substituted for a9895 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2018 | ordered to third reading rules cal.336 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2018 | home rule request | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2018 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2018 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/28/2018 | DELIVERED TO GOVERNOR | |||||||||||||||||||||||||||||||||||||||||||||||||
07/01/2018 | SIGNED CHAP.105 |
S08010 Committee Votes:
Go to topS08010 Floor Votes:
Yes
Abbate
Yes
Cook
Yes
Garbarino
Yes
Lupardo
Yes
Pellegrino
Yes
Stec
Yes
Abinanti
Yes
Crespo
Yes
Giglio
Yes
Magee
Yes
Peoples-Stokes
Yes
Steck
ER
Arroyo
Yes
Crouch
Yes
Glick
Yes
Magnarelli
Yes
Perry
Yes
Stern
Yes
Ashby
Yes
Curran
No
Goodell
No
Malliotakis
Yes
Pheffer Amato
Yes
Stirpe
Yes
Aubry
Yes
Cusick
Yes
Gottfried
Yes
McDonald
Yes
Pichardo
No
Tague
Yes
Barclay
Yes
Cymbrowitz
Yes
Gunther
Yes
McDonough
Yes
Pretlow
Yes
Taylor
Yes
Barnwell
Yes
Davila
Yes
Hawley
Yes
Mikulin
Yes
Quart
Yes
Thiele
Yes
Barrett
Yes
De La Rosa
Yes
Hevesi
Yes
Miller B
No
Ra
Yes
Titone
Yes
Barron
Yes
DenDekker
ER
Hikind
Yes
Miller MG
Yes
Raia
Yes
Titus
Yes
Benedetto
Yes
Dickens
Yes
Hooper
Yes
Miller ML
Yes
Ramos
Yes
Vanel
Yes
Bichotte
Yes
Dilan
Yes
Hunter
ER
Montesano
ER
Richardson
Yes
Walker
Yes
Blake
Yes
Dinowitz
Yes
Hyndman
Yes
Morelle
Yes
Rivera
Yes
Wallace
Yes
Blankenbush
Yes
DiPietro
Yes
Jaffee
Yes
Morinello
Yes
Rodriguez
Yes
Walsh
Yes
Bohen
Yes
D'Urso
Yes
Jean-Pierre
Yes
Mosley
Yes
Rosenthal D
Yes
Walter
Yes
Brabenec
Yes
Englebright
Yes
Jenne
Yes
Murray
Yes
Rosenthal L
Yes
Weinstein
Yes
Braunstein
Yes
Epstein
No
Johns
Yes
Niou
Yes
Rozic
NV
Weprin
Yes
Brindisi
Yes
Errigo
Yes
Jones
Yes
Nolan
Yes
Ryan
Yes
Williams
Yes
Bronson
Yes
Espinal
ER
Joyner
No
Norris
Yes
Santabarbara
Yes
Woerner
Yes
Buchwald
Yes
Fahy
Yes
Kim
Yes
Oaks
ER
Schimminger
Yes
Wright
ER
Butler
Yes
Fernandez
Yes
Kolb
Yes
O'Donnell
Yes
Seawright
Yes
Zebrowski
Yes
Byrne
Yes
Finch
ER
Lalor
Yes
Ortiz
Yes
Simon
Yes
Mr. Speaker
Yes
Cahill
No
Fitzpatrick
Yes
Lavine
Yes
Otis
Yes
Simotas
Yes
Carroll
No
Friend
Yes
Lawrence
Yes
Palmesano
Yes
Skoufis
No
Castorina
Yes
Galef
Yes
Lentol
Yes
Palumbo
Yes
Smith
Yes
Colton
ER
Gantt
Yes
Lifton
Yes
Paulin
Yes
Solages
‡ Indicates voting via videoconference
S08010 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 8010 IN SENATE March 19, 2018 ___________ Introduced by Sen. JACOBS -- 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 62 of the laws of 2017, 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 [eigh-8teen] nineteen, such city may, notwithstanding any limitations on 9 private sales of bonds provided by law, and subject to approval by the 10 state comptroller of the terms and conditions of such sale: (a) arrange 11 for the underwriting of its bonds or notes at private sale through nego- 12 tiated 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. LBD14289-01-8