Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2010 |
referred to local governments |
Feb 26, 2009 |
referred to local governments |
Assembly Bill A6174
2009-2010 Legislative Session
Sponsored By
HOOPER
Archive: Last Bill Status - In Assembly Committee
- 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
2009-A6174 (ACTIVE) - Details
- Current Committee:
- Assembly Local Governments
- Law Section:
- Local Finance Law
- Laws Affected:
- Amd §15.20, Loc Fin L
2009-A6174 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6174 2009-2010 Regular Sessions I N A S S E M B L Y February 26, 2009 ___________ Introduced by M. of A. HOOPER -- read once and referred to the Committee on Local Governments AN ACT to amend the local finance law, in relation to permitting the exclusion of bonded indebtedness required for the supply of electric- ity from the total amount of indebtedness of a municipality THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph b of section 15.20 of the local finance law, as added by chapter 1014 of the laws of 1960, is amended to read as follows: b. In ascertaining the power of a county, city, town or village to contract indebtedness, there shall be excluded any joint indebtedness and any several indebtedness contracted to provide for the supply of water OR ELECTRICITY. Any such indebtedness for such purpose shall not be excluded in ascertaining the power of any school district to contract indebtedness. The provisions of paragraph c of this section shall not apply to indebtedness contracted to provide for the supply of water OR ELECTRICITY. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08759-01-9
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