Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 08, 2011 |
signed chap.69 |
May 27, 2011 |
delivered to governor |
May 23, 2011 |
returned to senate passed assembly ordered to third reading cal.398 substituted for a6441 |
May 23, 2011 |
substituted by s3917 |
May 19, 2011 |
advanced to third reading cal.398 |
May 17, 2011 |
reported |
Apr 12, 2011 |
reported referred to ways and means |
Mar 16, 2011 |
referred to local governments |
Assembly Bill A6441
Signed By Governor2011-2012 Legislative Session
Sponsored By
ROBERTS
Archive: Last Bill Status Via S3917 - Signed by Governor
- 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
co-Sponsors
William Magnarelli
2011-A6441 (ACTIVE) - Details
- See Senate Version of this Bill:
- S3917
- Law Section:
- Local Finance Law
- Laws Affected:
- Amd §2, Chap 581 of 2005
2011-A6441 (ACTIVE) - Summary
Extends, until September 30, 2014, certain provisions of the Local Finance Law which provides for issuance of a single statutory installment bond by a borrower for the full principal amount, not to exceed one million dollars, if the issue is sold at private sale or in any amount if the bonds are issued and sold to the United States or any agency thereof; provides such bonds be issued utilizing a fixed interest; continues EFC's existing exemption from the one million dollar principal cap limitation and permits municipal or public benefit corporation borrowers to continue to issue and sell statutory installment bonds in an amount not to exceed twenty million dollars to EFC.
2011-A6441 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6441 2011-2012 Regular Sessions I N A S S E M B L Y March 16, 2011 ___________ Introduced by M. of A. ROBERTS, MAGNARELLI -- (at request of the Envi- ronmental Facilities Corporation) -- read once and referred to the Committee on Local Governments AN ACT to amend chapter 581 of the laws of 2005, amending the local finance law relating to statutory installment bonds, in relation to extending the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2 of chapter 581 of the laws of 2005, amending the local finance law relating to statutory installment bonds, as amended by chapter 213 of the laws of 2008, is amended to read as follows: S 2. This act shall take effect immediately and shall remain in full force and effect until September 30, [2011] 2014, at which time it shall expire and be deemed repealed. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09221-01-1
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