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Assembly Bill A10240A

2011-2012 Legislative Session

Relates to bond anticipation notes issued during the calendar years 2007 and 2008

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

2011-A10240 - Details

Current Committee:
Assembly Local Governments
Law Section:
Local Finance Law
Laws Affected:
Amd §23.00, Loc Fin L

2011-A10240 - Summary

Relates to bond anticipation notes issued during the calendar years 2007, 2008 and 2009.

2011-A10240 - Bill Text download pdf 

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

                                  10240

                          I N  A S S E M B L Y

                              May 16, 2012
                               ___________

Introduced by M. of A. ABINANTI -- read once and referred to the Commit-
  tee on Local Governments

AN  ACT to amend the local finance law, in relation to bond anticipation
  notes issued during the calendar years 2007 and 2008

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

  Section 1. Subparagraph 2 of paragraph b of section 23.00 of the local
finance  law,  as amended by chapter 386 of the laws of 2010, is amended
to read as follows:
  2. renewals of bond anticipation notes issued originally during calen-
dar year two thousand [four] SEVEN or two thousand [five] EIGHT may  not
extend  more  than seven years beyond the original date of issue of such
bond anticipation notes.
  S 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15834-01-2

2011-A10240A (ACTIVE) - Details

Current Committee:
Assembly Local Governments
Law Section:
Local Finance Law
Laws Affected:
Amd §23.00, Loc Fin L

2011-A10240A (ACTIVE) - Summary

Relates to bond anticipation notes issued during the calendar years 2007, 2008 and 2009.

2011-A10240A (ACTIVE) - Bill Text download pdf 

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

                                10240--A

                          I N  A S S E M B L Y

                              May 16, 2012
                               ___________

Introduced by M. of A. ABINANTI -- read once and referred to the Commit-
  tee  on  Local  Governments  --  committee  discharged,  bill amended,
  ordered reprinted as amended and recommitted to said committee

AN ACT to amend the local finance law, in relation to bond  anticipation
  notes issued during the calendar years 2007, 2008 and 2009

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

  Section 1. Subparagraph 2 of paragraph b of section 23.00 of the local
finance law, as amended by chapter 386 of the laws of 2010,  is  amended
to read as follows:
  2. renewals of bond anticipation notes issued originally during calen-
dar  year two thousand [four or] SEVEN, two thousand [five] EIGHT OR TWO
THOUSAND NINE may not extend more than seven years beyond  the  original
date of issue of such bond anticipation notes.
  S 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15834-03-2

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