Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 19, 2012 |
reported and committed to finance |
Jan 04, 2012 |
referred to corporations, authorities and commissions |
Dec 21, 2011 |
print number 1395b |
Dec 21, 2011 |
amend and recommit to finance |
Jun 06, 2011 |
reported and committed to finance |
May 05, 2011 |
print number 1395a |
May 05, 2011 |
amend (t) and recommit to corporations, authorities and commissions |
Jan 07, 2011 |
referred to corporations, authorities and commissions |
Senate Bill S1395
2011-2012 Legislative Session
Sponsored By
(D, WF) Senate District
Archive: Last Bill Status - In Senate Committee Finance 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
Votes
Bill Amendments
2011-S1395 - Details
- Current Committee:
- Senate Finance
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §6, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S8425
2013-2014: S1259
2011-S1395 - Sponsor Memo
BILL NUMBER:S1395 TITLE OF BILL: An act to amend the public authorities law, in relation to debt reduction policies for all state authorities PURPOSE OR GENERAL IDEA OF BILL: This bill will alter the portion of the 2009 Public Authorities Reform Act that deals with the setting of debt limitations by public authorities SUMMARY OF SPECIFIC PROVISIONS: Section one stipulates that within 90 days of the passage of this statute, the Authorities Budget Office must additionally implement debt reduction practices for all state public authorities. Section two states the effective date. JUSTIFICATION: The Authorities Budget Office, whose role was defined in the groundbreaking. Public Authorities Reform Act of 2009, is an ever-changing institution whose mission and procedural goals are still evolving. In light of recent events, it has become clear that the mandatory imposition of debt reduction practices for all state authorities will invariably lead to less waste and abuse by state authorities, and be a useful step forward in creating transparency
2011-S1395 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1395 2011-2012 Regular Sessions I N S E N A T E January 7, 2011 ___________ Introduced by Sen. PERKINS -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to debt reduction policies for all state authorities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (m) of subdivision 1 of section 6 of the public authorities law, as added by chapter 506 of the laws of 2009, is amended to read as follows: (m) WITHIN NINETY DAYS OF THE EFFECTIVE DATE OF THE CHAPTER OF THE LAWS OF TWO THOUSAND ELEVEN THAT AMENDED THIS PARAGRAPH, issue recommen- dations to the legislature and governor on setting debt limitations for authorities without statutorily required debt limits AND REQUIRE DEBT REDUCTION POLICIES FOR ALL STATE AUTHORITIES; S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04146-01-1
2011-S1395A - Details
- Current Committee:
- Senate Finance
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §6, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S8425
2013-2014: S1259
2011-S1395A - Sponsor Memo
BILL NUMBER:S1395A TITLE OF BILL: An act to amend the public authorities law, in relation to debt limitation recommendations for state authorities PURPOSE OR GENERAL IDEA OF BILL: This bill will alter the portion of the 2009 Public Authorities Reform Act that deals with the setting of debt limitations by public authorities. SUMMARY OF SPECIFIC PROVISIONS: Section one stipulates that within 180 days of the passage of this statute, the Authorities Budget Office must additionally implement debt reduction practices for all state public authorities. Section two states the effective date. JUSTIFICATION: The Authorities Budget Office, whose role was defined in the groundbreaking. Public Authorities Reform Act of 2009, is an ever-changing institution whose mission and procedural goals are still evolving. In light of recent events, it has become clear that the mandatory imposition of debt reduction practices for all state authorities will invariably lead to less waste and abuse by state authorities, and be a useful step forward in creating transparency
2011-S1395A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1395--A 2011-2012 Regular Sessions I N S E N A T E January 7, 2011 ___________ Introduced by Sen. PERKINS -- 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 AN ACT to amend the public authorities law, in relation to debt limita- tion recommendations for state authorities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (m) of subdivision 1 of section 6 of the public authorities law, as added by chapter 506 of the laws of 2009, is amended to read as follows: (m) WITHIN ONE HUNDRED EIGHTY DAYS OF THE EFFECTIVE DATE OF THE CHAP- TER OF THE LAWS OF TWO THOUSAND ELEVEN THAT AMENDED THIS PARAGRAPH, issue recommendations to the legislature and governor on setting debt limitations for authorities without statutorily required debt limits; S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04146-03-1
2011-S1395B (ACTIVE) - Details
- Current Committee:
- Senate Finance
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §6, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S8425
2013-2014: S1259
2011-S1395B (ACTIVE) - Sponsor Memo
BILL NUMBER:S1395B TITLE OF BILL: An act to amend the public authorities law, in relation to debt limitation recommendations for state authorities PURPOSE OR GENERAL IDEA OF BILL: This bill will alter the portion of the 2009 Public Authorities Reform Act that deals with the setting of debt limitations by public authorities. SUMMARY OF SPECIFIC PROVISIONS: Section one stipulates that within 180 days of the passage of this statute, the Authorities Budget Office must additionally implement debt reduction practices for all state public authorities. section two states the effective date. JUSTIFICATION: The Authorities Budget Office, whose role was defined in the groundbreaking. Public Authorities Reform Act of 2009, is an ever-changing institution whose mission and procedural goals are still evolving. In light of recent events, it has become clear that the mandatory imposition of debt reduction practices for all state authorities will invariably lead to less waste and abuse by state authorities, and be a useful step forward in creating transparency
2011-S1395B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1395--B 2011-2012 Regular Sessions I N S E N A T E January 7, 2011 ___________ Introduced by Sen. PERKINS -- 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 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public authorities law, in relation to debt limita- tion recommendations for state authorities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (m) of subdivision 1 of section 6 of the public authorities law, as added by chapter 506 of the laws of 2009, is amended to read as follows: (m) WITHIN ONE HUNDRED EIGHTY DAYS OF THE EFFECTIVE DATE OF THE CHAP- TER OF THE LAWS OF TWO THOUSAND TWELVE THAT AMENDED THIS PARAGRAPH, issue recommendations to the legislature and governor on setting debt limitations for authorities without statutorily required debt limits; S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04146-04-1
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.