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Assembly Bill A10168

2011-2012 Legislative Session

Authorizes temporary loans from the rainy day fund to the Hudson River-Black River Regulating District

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Archive: Last Bill Status - In Assembly Committee

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2011-A10168 (ACTIVE) - Details

See Senate Version of this Bill:
S7295
Current Committee:
Assembly Ways And Means
Law Section:
State Finance

2011-A10168 (ACTIVE) - Summary

Authorizes temporary loans from the rainy day fund to the Hudson River-Black River Regulating District.

2011-A10168 (ACTIVE) - Bill Text download pdf

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

                                  10168

                          I N  A S S E M B L Y

                              May 10, 2012
                               ___________

Introduced by M. of A. BUTLER -- read once and referred to the Committee
  on Ways and Means

AN  ACT  to  authorize  temporary  loans  from the rainy day fund to the
  Hudson River-Black River Regulating District

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

  Section  1.  Notwithstanding any other provision of law, moneys in the
rainy day reserve fund, established pursuant to  section  92-cc  of  the
state  finance  law, may be temporarily loaned to the Hudson River-Black
River Regulating District to enable such district to pay any real  prop-
erty  taxes  which  are  due  in  calendar year 2012 to counties, towns,
villages and school districts in Fulton, Hamilton, Saratoga  and  Warren
counties.  Moneys  so  temporarily loaned shall be repaid in cash within
three months of the receipt of past due assessments for the Hudson River
area.
  S 2. This act shall take effect immediately.







 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15513-01-2


              

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