Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 17, 2012 |
signed chap.419 |
Aug 06, 2012 |
delivered to governor |
Jun 14, 2012 |
returned to senate passed assembly ordered to third reading rules cal.126 substituted for a10050 |
Jun 12, 2012 |
referred to ways and means delivered to assembly passed senate |
Jun 11, 2012 |
advanced to third reading |
Jun 06, 2012 |
2nd report cal. |
Jun 05, 2012 |
1st report cal.1065 |
May 14, 2012 |
reported and committed to finance |
Apr 09, 2012 |
referred to housing, construction and community development |
Senate Bill S6899
Signed By Governor2011-2012 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - 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
2011-S6899 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10050
- Law Section:
- Private Housing Finance Law
- Laws Affected:
- Amd §47, Priv Hous Fin L
2011-S6899 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6899 TITLE OF BILL: An act to amend the private housing finance law, in relation to the powers of the new York state housing finance agency relating to an increase in bond and note authorization PURPOSE OF THE BILL: The bill would increase the New York State Housing Finance Agency's ("HFA") bonding authority by $1 billion to a maximum aggregate of $17.280 billion. SUMMARY OF PROVISIONS: Section 1 of the bill would amend Private Housing Finance Law ("PHFL") § 47, subd. 1, para. (c) to increase the bonding authority of HFA by $1 billion to a maximum aggregate of $17.280 billion. Section 2 of the bill provides for an immediate effective date. EXISTING LAW: Current law authorizes HFA to issue bonds and notes for any of its corporate purposes in an aggregate principal amount not to exceed $16.280 billion.
2011-S6899 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6899 I N S E N A T E April 9, 2012 ___________ Introduced by Sen. YOUNG -- (at request of the Division of Housing & Community Renewal) -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Communi- ty Development AN ACT to amend the private housing finance law, in relation to the powers of the new York state housing finance agency relating to an increase in bond and note authorization THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (c) of subdivision 1 of section 47 of the private housing finance law, as amended by chapter 100 of the laws of 2011, is amended to read as follows: (c) The agency shall not issue bonds and notes other than state university construction bonds and state university construction notes, hospital and nursing home project bonds and hospital and nursing home project notes, health facilities bonds and health facilities notes, youth facilities project bonds and youth facilities project notes, community mental health services and mental retardation services project bonds and community mental health services and mental retardation services project notes, community senior citizens services project notes or community senior citizens services project bonds and mental hygiene improvement bonds and mental hygiene improvement notes and bonds and notes for the housing program for any of its corporate purposes in an aggregate principal amount exceeding [sixteen] SEVENTEEN billion two hundred eighty million dollars, excluding bonds and notes issued to refund outstanding bonds and notes. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14296-02-2
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