senate Bill S2653A

Amended

Relates to construction and financing of facilities by dormitory authority for Alliance of Long Island Agencies, Inc.

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 26 / Feb / 2009
    • REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
  • 30 / Mar / 2009
    • AMEND (T) AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
  • 30 / Mar / 2009
    • PRINT NUMBER 2653A
  • 06 / May / 2009
    • REPORTED AND COMMITTED TO FINANCE
  • 19 / May / 2009
    • 1ST REPORT CAL.367
  • 20 / May / 2009
    • 2ND REPORT CAL.
  • 26 / May / 2009
    • ADVANCED TO THIRD READING
  • 01 / Jun / 2009
    • AMENDED ON THIRD READING 2653B
  • 09 / Jul / 2009
    • AMENDED ON THIRD READING (T) 2653C
  • 15 / Jul / 2009
    • SUBSTITUTED BY A6361C

Summary

Relates to the construction and financing of facilities by the dormitory authority for the Alliance of Long Island Agencies, Inc.

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Bill Details

Versions:
S2653
S2653A
S2653B
S2653C
Legislative Cycle:
2009-2010

Sponsor Memo

BILL NUMBER: S2653A

TITLE OF BILL :
An act to amend the public authorities law, in relation to the
construction and financing of facilities by the dormitory authority
for the Alliance of Long Island Agencies, Inc. and InterAgency Council
of Mental Retardation and Developmental Disabilities Agencies, Inc.


PURPOSE :
To authorize the NYS Dormitory Authority to provide financing for
construction and reconstruction of educational, administrative, day
program and residential facilities in the state by the Alliance for
Long Island Agencies, Inc., and the InterAgency Council of Mental
Retardation and Developmental Disabilities Agencies, Inc.

SUMMARY OF PROVISIONS :
The bill amends section 1676 subdivision 2 paragraph (b) and section
1680 subdivision 1 of the public authority law to include the Alliance
of Long Island Agencies, Inc. and InterAgency Council of Mental
Retardation and Developmental Disabilities Agencies, Inc. among those
similarly situated groups who are eligible to receive Dormitory
Authority funding. It provides for an immediate effective date.

EXISTING LAW :
Other similarly situated not-for-profit corporations are listed as
designated agencies to receive Dormitory Authority funding.

JUSTIFICATION :
The relatively small size of community agencies providing services to
people with disabilities has limited the agencies' access to financing
or, when financing has been available, has made it very expensive.
Allowing the Alliance of Long Island Agencies, Inc., and the
InterAgency Council of Mental Retardation and Developmental
Disabilities Agencies, Inc. not-for-profit corporations, to be
included on the list of designated agencies to receive dormitory
authority funding will enable such service providers to join together
to achieve economies of scale and lower rates of financing.

By blending together agencies of diverse size and location who offer
substantially similar services, the agencies will be able to acquire
financing for much needed expansion, renovation and construction at
more economical rates. Old debt incurred at high rates by the
individual agencies can be consolidated and replaced by refinancing at
much more favorable rates through Dormitory Authority support.

LEGISLATIVE HISTORY :
New Bill.

FISCAL IMPLICATIONS :
None

EFFECTIVE DATE :
Immediately.
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 2653--A

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                            February 26, 2009
                               ___________

Introduced  by  Sen. HUNTLEY -- read twice and ordered printed, and when
  printed to be committed to the Committee on Corporations,  Authorities
  and   Commissions  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN ACT  to  amend  the  public  authorities  law,  in  relation  to  the
  construction  and  financing  of facilities by the dormitory authority
  for the Alliance of Long Island Agencies, Inc. and InterAgency Council
  of Mental Retardation and Developmental Disabilities Agencies, Inc.

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Paragraph  (b)  of  subdivision  2 of section 1676 of the
public authorities law is amended by adding a new undesignated paragraph
to read as follows:
  NOT-FOR-PROFIT MEMBERS OF THE ALLIANCE OF LONG ISLAND AGENCIES,  INC.,
FOR   THE  ACQUISITION,  FINANCING,  REFINANCING,  CONSTRUCTION,  RECON-
STRUCTION, RENOVATION, DEVELOPMENT, IMPROVEMENT, EXPANSION AND EQUIPPING
OF CERTAIN EDUCATIONAL,  ADMINISTRATIVE,  DAY  PROGRAM  AND  RESIDENTIAL
FACILITIES TO BE LOCATED IN THE STATE OF NEW YORK.
  S  2.  Subdivision  1 of section 1680 of the public authorities law is
amended by adding a new undesignated paragraph to read as follows:
  NOT-FOR-PROFIT MEMBERS OF THE ALLIANCE OF LONG ISLAND AGENCIES,  INC.,
FOR   THE  ACQUISITION,  FINANCING,  REFINANCING,  CONSTRUCTION,  RECON-
STRUCTION, RENOVATION, DEVELOPMENT, IMPROVEMENT, EXPANSION AND EQUIPPING
OF CERTAIN EDUCATIONAL,  ADMINISTRATIVE,  DAY  PROGRAM  AND  RESIDENTIAL
FACILITIES  TO BE LOCATED IN THE STATE OF NEW YORK.  NOTWITHSTANDING ANY
OTHER PROVISION OF LAW, NOT-FOR-PROFIT MEMBERS OF THE ALLIANCE  OF  LONG
ISLAND  AGENCIES, INC. SHALL HAVE FULL POWER AND AUTHORITY TO ASSIGN AND
PLEDGE TO THE DORMITORY AUTHORITY, ANY AND ALL PUBLIC FUNDS TO BE APPOR-
TIONED OR OTHERWISE MADE PAYABLE BY THE UNITED STATES, ANY AGENCY THERE-
OF, THE STATE, ANY AGENCY THEREOF, A POLITICAL SUBDIVISION,  AS  DEFINED
IN SECTION ONE HUNDRED OF THE GENERAL MUNICIPAL LAW, ANY SOCIAL SERVICES

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09788-03-9

S. 2653--A                          2

DISTRICT  IN  THE  STATE  OR  ANY OTHER GOVERNMENTAL ENTITY IN AN AMOUNT
SUFFICIENT TO MAKE ALL PAYMENTS REQUIRED TO  BE  MADE  BY  SUCH  MEMBERS
PURSUANT  TO ANY LEASE, SUBLEASE OR OTHER AGREEMENT ENTERED INTO BETWEEN
SUCH  MEMBERS  AND THE DORMITORY AUTHORITY. ALL STATE AND LOCAL OFFICERS
ARE HEREBY AUTHORIZED AND REQUIRED TO PAY ALL SUCH FUNDS SO ASSIGNED AND
PLEDGED TO THE DORMITORY AUTHORITY OR, UPON THE DIRECTION OF THE  DORMI-
TORY  AUTHORITY,  TO ANY TRUSTEE OF ANY DORMITORY AUTHORITY BOND OR NOTE
ISSUED, PURSUANT TO A CERTIFICATE FILED WITH ANY  SUCH  STATE  OR  LOCAL
OFFICER  BY  THE  DORMITORY AUTHORITY PURSUANT TO THE PROVISIONS OF THIS
SECTION.
  S 3. Paragraph (b) of subdivision 2 of  section  1676  of  the  public
authorities  law  is  amended  by adding a new undesignated paragraph to
read as follows:
  NOT-FOR-PROFIT MEMBERS OF INTERAGENCY COUNCIL  OF  MENTAL  RETARDATION
AND  DEVELOPMENTAL  DISABILITIES  AGENCIES,  INC.,  FOR THE ACQUISITION,
FINANCING, REFINANCING, CONSTRUCTION, RECONSTRUCTION, RENOVATION, DEVEL-
OPMENT, IMPROVEMENT, EXPANSION AND  EQUIPPING  OF  CERTAIN  EDUCATIONAL,
ADMINISTRATIVE,  DAY PROGRAM AND RESIDENTIAL FACILITIES TO BE LOCATED IN
THE STATE OF NEW YORK.
  S 4. Subdivision 1 of section 1680 of the public  authorities  law  is
amended by adding a new undesignated paragraph to read as follows:
  NOT-FOR-PROFIT  MEMBERS  OF  INTERAGENCY COUNCIL OF MENTAL RETARDATION
AND DEVELOPMENTAL DISABILITIES  AGENCIES,  INC.,  FOR  THE  ACQUISITION,
FINANCING, REFINANCING, CONSTRUCTION, RECONSTRUCTION, RENOVATION, DEVEL-
OPMENT,  IMPROVEMENT,  EXPANSION  AND  EQUIPPING OF CERTAIN EDUCATIONAL,
ADMINISTRATIVE, DAY PROGRAM AND RESIDENTIAL FACILITIES TO BE LOCATED  IN
THE  STATE OF NEW YORK. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, NOT-
FOR-PROFIT MEMBERS OF THE INTERAGENCY COUNCIL OF MENTAL RETARDATION  AND
DEVELOPMENTAL  DISABILITIES  AGENCIES,  INC.  SHALL  HAVE FULL POWER AND
AUTHORITY TO ASSIGN AND PLEDGE TO THE DORMITORY AUTHORITY, ANY  AND  ALL
PUBLIC  FUNDS  TO BE APPORTIONED OR OTHERWISE MADE PAYABLE BY THE UNITED
STATES, ANY AGENCY THEREOF, THE STATE, ANY AGENCY THEREOF,  A  POLITICAL
SUBDIVISION,  AS DEFINED IN SECTION ONE HUNDRED OF THE GENERAL MUNICIPAL
LAW, ANY SOCIAL SERVICES DISTRICT IN THE STATE OR ANY OTHER GOVERNMENTAL
ENTITY IN AN AMOUNT SUFFICIENT TO MAKE ALL PAYMENTS REQUIRED TO BE  MADE
BY  SUCH  MEMBERS  PURSUANT  TO  ANY  LEASE, SUBLEASE OR OTHER AGREEMENT
ENTERED INTO BETWEEN SUCH MEMBERS AND THE DORMITORY AUTHORITY. ALL STATE
AND LOCAL OFFICERS ARE HEREBY AUTHORIZED AND REQUIRED TO  PAY  ALL  SUCH
FUNDS  SO  ASSIGNED  AND PLEDGED TO THE DORMITORY AUTHORITY OR, UPON THE
DIRECTION OF THE DORMITORY AUTHORITY, TO ANY TRUSTEE OF ANY    DORMITORY
AUTHORITY  BOND OR NOTE ISSUED, PURSUANT TO A CERTIFICATE FILED WITH ANY
SUCH STATE OR LOCAL OFFICER BY THE DORMITORY AUTHORITY PURSUANT  TO  THE
PROVISIONS OF THIS SECTION.
  S 5. Any contracts entered into by the dormitory authority pursuant to
this act shall be deemed state contracts within the meaning of that term
as  set  forth  in  article 15-A of the executive law, and the authority
shall be deemed, for the purposes of this act, a contracting  agency  as
that term is used in such article.
  S 6. The expiration and repeal of sections one, two, three and four of
this  act  shall not affect or impair in any manner any bonds issued, or
any loan made to any borrower, pursuant to the provisions  of  this  act
prior to the expiration of such sections.
  S 7. This act shall take effect immediately.

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