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Assembly Bill A3319

2011-2012 Legislative Session

Repeals certain provisions relating to the assessment and reimbursement of state expenditures by an industrial development agency or authority

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2011-A3319 (ACTIVE) - Details

Law Section:
Public Authorities Law
Laws Affected:
Rpld ยง2975-a, Pub Auth L
Versions Introduced in 2009-2010 Legislative Session:
A10086

2011-A3319 (ACTIVE) - Summary

Repeals certain provisions relating to the assessment and reimbursement of state expenditures by an industrial development agency or authority.

2011-A3319 (ACTIVE) - Bill Text download pdf

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

                                  3319

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            January 24, 2011
                               ___________

Introduced  by  M. of A. HOYT, DESTITO -- Multi-Sponsored by -- M. of A.
  AMEDORE, HAYES, McDONOUGH, SAYWARD -- read once and  referred  to  the
  Committee on Corporations, Authorities and Commissions

AN  ACT  to repeal section 2975-a of the public authorities law relating
  to the assessment and reimbursement of state expenditures by an indus-
  trial development agency or authority

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

  Section 1. Section 2975-a of the public authorities law is REPEALED.
  S  2.  All  monies  paid by or on behalf of any industrial development
agency or authority to reimburse to New York state an allocable share of
state governmental costs attributable to the provision  of  services  to
industrial  development  agencies as determined in section 2975-a of the
public authorities law shall be reimbursed to the paying  entity  within
ninety days of the effective date of this act.
  3.  This act shall take effect immediately and shall be deemed to have
been in full force and effect on and after April 1, 2009.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08311-01-1


              

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