Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Apr 26, 2010 |
signed chap.48 delivered to governor returned to assembly passed senate message of necessity - 3 day message 3rd reading cal.425 substituted for s7606 referred to finance delivered to senate passed assembly message of necessity - 3 day message ruling of chair on point of order ordered to third reading rules cal.36 rules report cal.36 reported reported referred to rules referred to ways and means |
Assembly Bill A10848
Signed By Governor2009-2010 Legislative Session
Sponsored By
There are no sponsors of this bill.
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2009-A10848 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7606
- Law Section:
- Budget Bills
- Laws Affected:
- Amd Part RR §51, Chap 57 of 2008; amd §3234, Pub Auth L
2009-A10848 (ACTIVE) - Sponsor Memo
BILL NUMBER:A10848 TITLE OF BILL: An act to amend part RR of chapter 57 of the laws of 2008 providing for the administration of certain funds and accounts related to the 2008-2009 budget, in relation to effectiveness of certain provisions thereof; and to amend the public authorities law, in relation to voting of directors of the local government assistance corporation, and provid- ing for the repeal of certain provisions upon expiration thereof PURPOSE: This bill extends a provision of law that expired and became inoperative on March 31, 2010, and amends Public Authorities Law relating to voting requirements of the Local Government Assistance Corporation (LGAC). SUMMARY OF PROVISIONS: This bill amends § 51 of part RR of Chapter 57 of the Laws of 2008, to extend for one year provisions in existing law relating to the treatment of refundings with variable rate obligations or swaps. Additionally, this bill amends Public Authorities Law § 3234(5) to allow for the issuance of refunding bonds with a unanimous vote of all Direc- tors in office.
2009-A10848 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 7606 A. 10848 S E N A T E - A S S E M B L Y April 26, 2010 ___________ IN SENATE -- Introduced by COMMITTEE ON RULES -- (at request of the Governor) -- read twice and ordered printed, and when printed to be committed to the Committee on Finance IN ASSEMBLY -- Introduced by COMMITTEE ON RULES -- (at request of the Governor) -- read once and referred to the Committee on Ways and Means AN ACT to amend part RR of chapter 57 of the laws of 2008 providing for the administration of certain funds and accounts related to the 2008- 2009 budget, in relation to effectiveness of certain provisions there- of; and to amend the public authorities law, in relation to voting of directors of the local government assistance corporation, and provid- ing for the repeal of certain provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 51 of part RR of chapter 57 of the laws of 2008 providing for the administration of certain funds and accounts related to the 2008-2009 budget, as amended by section 13-a of part PP of chap- ter 56 of the laws of 2009, is amended to read as follows: S 51. This act shall take effect immediately and shall be deemed to have been in full force and effect on and after April 1, 2008; provided, however, that the amendments to subdivision 6 of section 4 and subdivi- sion 4 of section 40 of the state finance law made by sections fifteen and sixteen of this act shall expire on the same date such subdivisions expire; and provided, further, however, that section thirty-four of this act shall take effect on the same date as the reversion of section 69-c of the state finance law as provided in section 58 of part T of chapter 57 of the laws of 2007, as amended; provided, further that such amend- ments shall expire and be deemed repealed March 31, [2010] 2011; and provided, further, however, that sections one, three, four, and eighteen through twenty-seven of this act shall expire March 31, 2009 when upon such date the provisions of such sections shall be deemed repealed; and provided further that section fourteen of this act shall expire March 31, [2010] 2011 when upon such date the provisions of such section shall be deemed repealed. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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