senate Bill S6395C

Vetoed By Governor
2011-2012 Legislative Session

Relates to assumed amortization for school projects

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Archive: Last Bill Status - Vetoed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Vetoed by Governor

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Actions

view actions (25)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Aug 01, 2012 vetoed memo.138
Jul 20, 2012 delivered to governor
Jun 14, 2012 returned to senate
passed assembly
ordered to third reading rules cal.199
substituted for a9451c
May 30, 2012 referred to education
returned to assembly
repassed senate
May 16, 2012 amended on third reading 6395c
vote reconsidered - restored to third reading
May 16, 2012 returned to senate
recalled from assembly
Apr 25, 2012 referred to education
delivered to assembly
passed senate
Mar 22, 2012 advanced to third reading
Mar 21, 2012 2nd report cal.
Mar 20, 2012 1st report cal.388
Mar 15, 2012 print number 6395b
amend and recommit to finance
Mar 06, 2012 print number 6395a
amend and recommit to finance
Mar 06, 2012 reported and committed to finance
Feb 03, 2012 referred to education

Votes

view votes

Mar 20, 2012 - Finance committee Vote

S6395B
31
1
committee
31
Aye
1
Nay
2
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show committee vote details

Mar 6, 2012 - Education committee Vote

S6395
17
0
committee
17
Aye
0
Nay
0
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show committee vote details

Bill Amendments

Original
A
B
C (Active)
Original
A
B
C (Active)

S6395 - Details

See Assembly Version of this Bill:
A9451C
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

S6395 - Summary

Relates to assumed amortization for school projects.

S6395 - Sponsor Memo

S6395 - Bill Text download pdf

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

                                  6395

                            I N  S E N A T E

                            February 3, 2012
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee on Education

AN ACT to amend the education law, in relation to  assumed  amortization
  for school projects

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

  Section 1. Clause (b) of subparagraph 3 of paragraph e of  subdivision
6  of  section  3602  of  the  education law, as amended by section 4 of
subpart F of part C of chapter 97 of the laws of  2011,  is  amended  to
read as follows:
  (b)  Such  assumed  amortization for a project approved by the commis-
sioner on or after the later of the first day of December, two  thousand
one or thirty days after the date upon which this subdivision shall have
become  a law and prior to the first day of July, two thousand eleven or
for any debt service related to projects approved  by  the  commissioner
prior  to such date where a bond, capital note or bond anticipation note
is first issued on or after the first day of December, two thousand  one
to  fund  such  projects, shall commence: (i) eighteen months after such
approval or (ii) on the date of receipt by the commissioner of a certif-
ication by the district that a general construction  contract  has  been
awarded  for  such project by the district, whichever is later, and such
assumed amortization for a project approved by the [commissioner] VOTERS
OF THE SCHOOL DISTRICT OR BY THE BOARD OF EDUCATION  OF  A  CITY  SCHOOL
DISTRICT  IN  A  CITY  WITH  MORE  THAN ONE HUNDRED TWENTY-FIVE THOUSAND
INHABITANTS, AND/OR THE CHANCELLOR IN A CITY SCHOOL DISTRICT IN  A  CITY
HAVING A POPULATION OF ONE MILLION OR MORE, on or after the first day of
July,  two  thousand  eleven shall commence: (iii) eighteen months after
such approval or (iv) on the date of receipt by the commissioner of both
the final certificate of substantial completion of the project issued by
the architect or engineer and the final cost report  for  such  project,
whichever is later or (v) upon the date of a finding by the commissioner
that  the  certificate of substantial completion of the project has been
issued by the architect or engineer,  but  the  district  is  unable  to
complete  the  final  cost  report  because  of circumstances beyond the

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

S6395A - Details

See Assembly Version of this Bill:
A9451C
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

S6395A - Summary

Relates to assumed amortization for school projects.

S6395A - Sponsor Memo

S6395A - Bill Text download pdf

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

                                 6395--A

                            I N  S E N A T E

                            February 3, 2012
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee on Education -- 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 education law, in relation to  assumed  amortization
  for school projects

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

  Section 1. Clause (b) of subparagraph 3 of paragraph e of  subdivision
6  of  section  3602  of  the  education law, as amended by section 4 of
subpart F of part C of chapter 97 of the laws of  2011,  is  amended  to
read as follows:
  (b)  Such  assumed  amortization for a project approved by the commis-
sioner on or after the later of the first day of December, two  thousand
one or thirty days after the date upon which this subdivision shall have
become  a law and prior to the first day of July, two thousand eleven or
for any debt service related to projects approved  by  the  commissioner
prior  to such date where a bond, capital note or bond anticipation note
is first issued on or after the first day of December, two thousand  one
to  fund  such  projects, shall commence: (i) eighteen months after such
approval or (ii) on the date of receipt by the commissioner of a certif-
ication by the district that a general construction  contract  has  been
awarded  for  such project by the district, whichever is later, and such
assumed amortization for a project approved by the [commissioner] VOTERS
OF THE SCHOOL DISTRICT OR BY THE BOARD OF EDUCATION  OF  A  CITY  SCHOOL
DISTRICT  IN  A  CITY  WITH  MORE  THAN ONE HUNDRED TWENTY-FIVE THOUSAND
INHABITANTS, on or after the first day  of  July,  two  thousand  eleven
shall commence: (iii) eighteen months after such approval or (iv) on the
date  of  receipt  by  the commissioner of both the final certificate of
substantial completion of the project issued by the architect  or  engi-
neer  and  the final cost report for such project, whichever is later or
(v) upon the date of a finding by the commissioner that the  certificate
of  substantial  completion of the project has been issued by the archi-

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

S6395B - Details

See Assembly Version of this Bill:
A9451C
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

S6395B - Summary

Relates to assumed amortization for school projects.

S6395B - Sponsor Memo

S6395B - Bill Text download pdf

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

                                 6395--B

                            I N  S E N A T E

                            February 3, 2012
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee on Education -- 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  --  committee  discharged,
  bill  amended,  ordered  reprinted  as amended and recommitted to said
  committee

AN ACT to amend the education law, in relation to  assumed  amortization
  for school projects

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

  Section 1. Clause (b) of subparagraph 3 of paragraph e of  subdivision
6  of  section  3602  of  the  education law, as amended by section 4 of
subpart F of part C of chapter 97 of the laws of  2011,  is  amended  to
read as follows:
  (b)  Such  assumed  amortization for a project approved by the commis-
sioner on or after the later of the first day of December, two  thousand
one or thirty days after the date upon which this subdivision shall have
become  a law and prior to the first day of July, two thousand eleven or
for any debt service related to projects approved  by  the  commissioner
prior  to such date where a bond, capital note or bond anticipation note
is first issued on or after the first day of December, two thousand  one
to  fund  such  projects, shall commence: (i) eighteen months after such
approval or (ii) on the date of receipt by the commissioner of a certif-
ication by the district that a general construction  contract  has  been
awarded  for  such project by the district, whichever is later, and such
assumed amortization for a project approved by the [commissioner] VOTERS
OF THE SCHOOL DISTRICT OR BY THE BOARD OF EDUCATION  OF  A  CITY  SCHOOL
DISTRICT  IN  A  CITY  WITH  MORE  THAN ONE HUNDRED TWENTY-FIVE THOUSAND
INHABITANTS BUT LESS THAN ONE MILLION INHABITANTS, on or after the first
day of July, two thousand eleven shall commence: (iii)  eighteen  months
after  such  approval or (iv) on the date of receipt by the commissioner
of both the final certificate of substantial completion of  the  project
issued  by  the architect or engineer and the final cost report for such

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

S6395C (ACTIVE) - Details

See Assembly Version of this Bill:
A9451C
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

S6395C (ACTIVE) - Summary

Relates to assumed amortization for school projects.

S6395C (ACTIVE) - Sponsor Memo

S6395C (ACTIVE) - Bill Text download pdf

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

                                 6395--C
    Cal. No. 388

                            I N  S E N A T E

                            February 3, 2012
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee on Education -- 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  --  committee  discharged,
  bill  amended,  ordered  reprinted  as amended and recommitted to said
  committee -- reported favorably from said committee, ordered to  first
  and  second  report,  ordered to a third reading, passed by Senate and
  delivered to the Assembly, recalled, vote  reconsidered,  restored  to
  third  reading,  amended and ordered reprinted, retaining its place in
  the order of third reading

AN ACT to amend the education law, in relation to  assumed  amortization
  for school projects

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

  Section 1. Clause (b) of subparagraph 3 of paragraph e of  subdivision
6  of  section  3602 of the education law, as amended by section 31-a of
part A of chapter 57 of the laws of 2012, is amended to read as follows:
  (b) Such assumed amortization for a project approved  by  the  commis-
sioner  on or after the later of the first day of December, two thousand
one or thirty days after the date upon which this subdivision shall have
become a law and prior to the first day of July, two thousand eleven  or
for  any  debt  service related to projects approved by the commissioner
prior to such date where a bond, capital note or bond anticipation  note
is  first issued on or after the first day of December, two thousand one
to fund such projects, shall commence: (i) eighteen  months  after  such
approval or (ii) on the date of receipt by the commissioner of a certif-
ication  by  the  district that a general construction contract has been
awarded for such project by the district, whichever is later,  and  such
assumed amortization for a project approved by the [commissioner] VOTERS
OF  THE  SCHOOL  DISTRICT  OR BY THE BOARD OF EDUCATION OF A CITY SCHOOL
DISTRICT IN A CITY WITH  MORE  THAN  ONE  HUNDRED  TWENTY-FIVE  THOUSAND
INHABITANTS BUT LESS THAN ONE MILLION INHABITANTS, on or after the first
day  of  July, two thousand eleven shall commence: (iii) eighteen months

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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