senate Bill S6478

Vetoed By Governor
2011-2012 Legislative Session

Relates to temporary alternative methods of financing flood relief expenses

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A9211 -


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

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Aug 17, 2012 tabled
vetoed memo.151
Aug 06, 2012 delivered to governor
Jun 19, 2012 returned to assembly
passed senate
3rd reading cal.1306
substituted for s6478
Jun 19, 2012 substituted by a9211
ordered to third reading cal.1306
Jun 12, 2012 reported and committed to rules
May 23, 2012 reported and committed to finance
Feb 14, 2012 referred to local government

Votes

view votes

Jun 21, 2012 - Rules committee Vote

S6478
24
0
committee
24
Aye
0
Nay
0
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show Rules committee vote details

Jun 12, 2012 - Finance committee Vote

S6478
34
0
committee
34
Aye
0
Nay
0
Aye with Reservations
0
Absent
1
Excused
0
Abstained
show Finance committee vote details

May 23, 2012 - Local Government committee Vote

S6478
8
0
committee
8
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Local Government committee vote details

Local Government Committee Vote: May 23, 2012

Co-Sponsors

S6478 - Details

See Assembly Version of this Bill:
A9211
Law Section:
Local Finance Law
Laws Affected:
Amd ยง26.10, Loc Fin L

S6478 - Summary

Relates to temporary alternative methods of financing flood relief expenses.

S6478 - Sponsor Memo

S6478 - Bill Text download pdf

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

                                  6478

                            I N  S E N A T E

                            February 14, 2012
                               ___________

Introduced  by  Sen. BONACIC -- (at request of the State Comptroller) --
  read twice and ordered printed, and when printed to  be  committed  to
  the Committee on Local Government

AN ACT to amend the local finance law, in relation to temporary alterna-
  tive methods of financing flood relief expenses

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

  Section 1. Paragraph a of section 26.10 of the local finance  law,  as
amended  by  chapter  157  of  the  laws  of 2006, is amended to read as
follows:
  a. Definitions. 1. With respect to any municipality which has a calen-
dar fiscal year which commenced on the first day of January,  two  thou-
sand  [five]  ELEVEN,  the  terms "extraordinary expenses [for] OF flood
relief" and "such extraordinary expenses",  as  used  in  this  section,
shall mean the expenses incurred BEFORE THE FIRST DAY OF JULY, TWO THOU-
SAND  TWELVE  for  flood  relief projects involving the public thorough-
fares, public places and projects of such municipality  [during  any  or
all  of  the  months  of  such  year] UNDERTAKEN AS A RESULT OF FLOODING
OCCURRING DURING TWO THOUSAND ELEVEN, in excess of the  normal  expenses
which  would  have been incurred for such purposes during such [periods]
PERIOD as determined by the finance board of such municipality [and also
any interest payments on revenue anticipation  notes  issued  in  antic-
ipation  of  the  receipt of moneys from the state or federal government
pursuant to any state or federal disaster relief  act].  In  making  any
such  determination,  the  finance  board shall not include as a part of
such extraordinary expenses the salaries and wages of regular employees,
except for overtime work  and  work  on  Sundays  and  holidays.    SUCH
EXTRAORDINARY EXPENSES MAY ALSO INCLUDE ANY INTEREST PAYMENTS ON REVENUE
ANTICIPATION  NOTES ISSUED IN ANTICIPATION OF THE RECEIPT OF MONEYS FROM
THE STATE OR FEDERAL GOVERNMENT AS A RESULT OF SUCH FLOODING PURSUANT TO
ANY STATE OR FEDERAL DISASTER RELIEF ACT.
  2. With respect to any municipality or school  district  which  has  a
fiscal year which commenced in the year two thousand [five] ELEVEN on or
after  the  first  day  of  March in such year, the terms "extraordinary

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

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