senate Bill S2653B

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: S2653B

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--B
    Cal. No. 367

                       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  --  reported
  favorably  from  said  committee  and  committed  to  the Committee on
  Finance -- reported favorably from said committee,  ordered  to  first
  and  second  report,  ordered  to a third reading, amended and ordered
  reprinted, retaining its place in the order of third reading

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

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09788-04-9

S. 2653--B                          2

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
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. This act shall take effect immediately.

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