Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 13, 2013 |
signed chap.468 |
Nov 01, 2013 |
delivered to governor |
Jun 20, 2013 |
returned to assembly passed senate home rule request 3rd reading cal.1571 substituted for s4674 |
Jun 20, 2013 |
substituted by a6758 ordered to third reading cal.1571 committee discharged and committed to rules |
Apr 17, 2013 |
referred to local government |
Senate Bill S4674
Signed By Governor2013-2014 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status Via A6758 - 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
co-Sponsors
(R, C) Senate District
2013-S4674 (ACTIVE) - Details
2013-S4674 (ACTIVE) - Sponsor Memo
BILL NUMBER:S4674 REVISED 5/6/13 TITLE OF BILL: An act authorizing the county of Rockland to issue bonds; and providing for the repeal of such provisions upon expiration thereof PURPOSE: To authorize the county of Rockland (the "County") to issue up to $96 million in bonds to liquidate the projected accumulated deficit in its general fund for the fiscal years ending December 31, 2010, December 31, 2011 and December 31, 2012. SUMMARY OF PROVISIONS: The County is authorized to issue bonds on or before September 30, 2014 in an aggregate principal amount not to exceed $96,000,000 for the specific object or purpose of liquidating the projected accumulated deficit in the general fund of such county for the fiscal years ending December 31, 2010, December 31, 2011 and December 31, 2012. In anticipation of the issuance of the bonds authorized to be issued by this act, the issuance and sale of bond anticipation notes is authorized. For each fiscal year during the time bonds and/or notes issued pursuant to this act are outstanding, the County Executive shall submit the proposed budget to the State Comptroller thirty days prior to the county legislature's scheduled vote on the adoption of the final budget. The State Comptroller shall examine the proposed budget and make recommendations and the county shall make adjustments to the
2013-S4674 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 4674 A. 6758 2013-2014 Regular Sessions S E N A T E - A S S E M B L Y April 17, 2013 ___________ IN SENATE -- Introduced by Sens. CARLUCCI, LARKIN -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government IN ASSEMBLY -- Introduced by M. of A. JAFFEE, ZEBROWSKI, RABBITT -- read once and referred to the Committee on Local Governments AN ACT authorizing the county of Rockland to issue bonds; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "Rockland county deficit financing act". S 2. Definitions. (a) "Budget" shall mean a current operating budget of the county prepared or adopted pursuant to general, special or local law, being the annual budget and estimate of expenditures to be made during a fiscal year for the general support and current expenses of the government of the county to be paid from taxes or assessments or other current revenues of the county for such year. (b) "Comptroller" shall mean the New York state comptroller. (c) "County" shall mean the county of Rockland. (d) "County executive" shall mean the county executive of Rockland county. (e) "County legislature" shall mean the legislative body of the county of Rockland. (f) "Fiscal year" shall mean the fiscal year of the county. S 3. Bonds. The county of Rockland is hereby authorized to issue seri- al bonds, subject to the provisions of section 10.10 of the local finance law, on or before September 30, 2014, in an aggregate principal amount not to exceed ninety-six million dollars ($96,000,000) for the specific object or purpose of liquidating current deficits in its gener- al fund as of December 31, 2010, December 31, 2011 and December 31, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02733-02-3
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