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Assembly Bill A9197

2013-2014 Legislative Session

Relates to the repayment of appropriations made for the construction of a civic center in Albany

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Archive: Last Bill Status - In Senate Committee Rules Committee

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2013-A9197 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Albany County
Laws Affected:
Amd ยง20, Chap 41 of 1985
Versions Introduced in 2015-2016 Legislative Session:
A3115

2013-A9197 (ACTIVE) - Summary

Relates to the repayment of appropriations made for the construction of a civic center in Albany; moneys received on or before April 30, 2014 shall be deemed full repayment.

2013-A9197 (ACTIVE) - Bill Text download pdf 

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

                                  9197

                          I N  A S S E M B L Y

                             March 27, 2014
                               ___________

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

AN ACT to amend chapter 41 of the laws of 1985 relating to providing for
  the construction of a civic center in Albany and making appropriations
  relating to the construction of such  facility,  in  relation  to  the
  repayment of such appropriation

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

  Section 1. Section 20 of chapter 41 of the laws of  1985  relating  to
providing  for  the  construction of a civic center in Albany and making
appropriations relating to the construction of such facility, is amended
to read as follows:
  S 20. The state comptroller is hereby authorized to receive  from  the
county,  repayment  of  money  disbursed from this appropriation and any
income or increment related thereto due to the investment  thereof,  and
to  deposit  the  same  to  the  credit  of  the  capital projects fund;
PROVIDED, HOWEVER THAT ANY AND ALL MONEYS RECEIVED BY  THE  STATE  COMP-
TROLLER  FROM THE COUNTY OF ALBANY ON OR BEFORE APRIL 30, 2014, SHALL BE
DEEMED TO BE FULL REPAYMENT OF THE MONEY DISBURSED  FROM  THE  APPROPRI-
ATION  MADE  IN  SECTION  ELEVEN OF THIS ACT AND ANY INCOME OR INCREMENT
RELATED THERETO DUE TO THE INVESTMENT THEREOF.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14514-02-4

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