Do you support this bill?

Senate Bill S65014

2009-2010 Legislative Session

Amends certain provisions of the New York state financial emergency act for the city of New York in relation to bond anticipation notes

download bill text pdf

Sponsored By

There are no sponsors of this bill.

Archive: Last Bill Status - In Senate Committee Rules Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2009-S65014 (ACTIVE) - Details

See other versions of this Bill:
S50005 ,
S4941 ,
S60415 ,
A8617 ,
Current Committee:
Senate Rules
Law Section:
New York State Financial Emergency Act for the City of NY
Laws Affected:
Amd ยง2, Chap 868 of 1975

2009-S65014 (ACTIVE) - Summary

Amends certain provisions of the New York state financial emergency act for the city of New York and the New York city charter in relation to bond anticipation notes.

2009-S65014 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   14

                      Eighth Extraordinary Session

                            I N  S E N A T E

                              June 29, 2009
                               ___________

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 Rules

AN ACT to amend the New York state financial emergency act for the  city
  of  New York and the New York city charter, in relation to bond antic-
  ipation notes

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

  Section 1. Paragraph c of subdivision 4 of section 9-b of section 2 of
chapter  868 of the laws of 1975, constituting the New York state finan-
cial emergency act for the city of New York, as added by chapter 201  of
the laws of 1978, is amended to read as follows:
  c.  Bond  anticipation  notes shall mature not later than [six months]
ONE YEAR after their date of issuance and may be renewed  for  a  period
not  to  exceed  [six months] TWO YEARS, OR SUCH LONGER PERIOD AS MAY BE
PERMITTED FOR BOND ANTICIPATION NOTES OF THE STATE,  FROM  THE  DATE  OF
ORIGINAL ISSUE.
  S  2. Paragraph 3 of subdivision h of section 266 of the New York city
charter, as added by vote of the electors at the general  election  held
in November 2005, is amended to read as follows:
  (3)  Bond  anticipation notes shall mature not later than [six months]
ONE YEAR after their date of issuance and may be renewed  for  a  period
not  to  exceed  [six months] TWO YEARS, OR SUCH LONGER PERIOD AS MAY BE
PERMITTED FOR BOND ANTICIPATION NOTES OF THE STATE,  FROM  THE  DATE  OF
ORIGINAL ISSUE.
  S 3. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11660-01-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.