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Assembly Bill A6071

2013-2014 Legislative Session

Directs the commissioner of education to consider granting the Belfast central school district a waiver of the amortization of certain bonds issued by such district

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Archive: Last Bill Status - In Assembly Committee

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2013-A6071 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
Education, Commissioner of

2013-A6071 (ACTIVE) - Summary

Directs the commissioner of education to consider granting the Belfast central school district a waiver of the amortization of certain bonds issued by such district.

2013-A6071 (ACTIVE) - Bill Text download pdf 

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

                                  6071

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                             March 14, 2013
                               ___________

Introduced by M. of A. GIGLIO -- read once and referred to the Committee
  on Education

AN  ACT  to  direct the commissioner of education to consider granting a
  waiver of the existing amortization agreement with regard  to  certain
  bonds issued by the Belfast central school district

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

  Section 1. Notwithstanding any provision of law to the  contrary,  the
commissioner  of  education  is  hereby  directed to consider granting a
waiver, pursuant to an application submitted in accordance with subpara-
graph 6 of paragraph e of subdivision 6 of section 3602 of the education
law, to the Belfast central school district in the county  of  Allegany,
with  regard  to  the  existing amortization of the series 2002A through
2002E and series  2002G  through  2002I  bonds  issued  by  such  school
district.  In  the event that such waiver is granted by the commissioner
of education pursuant to this act, the waiver shall be  subject  to  the
provisions  of subparagraph 6 of paragraph e of subdivision 6 of section
3602 of the education law.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09342-01-3

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