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Assembly Bill A3148

2013-2014 Legislative Session

Relates to establishing certain requirements for the dormitory prior to such authority issuing bonds and notes to finance certain projects

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Archive: Last Bill Status - In Assembly Committee

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2013-A3148 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Add ยง1678-a, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A2513
2011-2012: A3602
2015-2016: A4243
2017-2018: A3331
2019-2020: A9039
2021-2022: A4378
2023-2024: A4241

2013-A3148 (ACTIVE) - Summary

Relates to establishing certain requirements for the dormitory authority of the state of New York prior to such authority issuing bonds and notes to finance projects for a private institution or organization.

2013-A3148 (ACTIVE) - Bill Text download pdf 

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

                                  3148

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 23, 2013
                               ___________

Introduced by M. of A. O'DONNELL, GLICK, COLTON -- Multi-Sponsored by --
  M. of A. COOK, MILLMAN, ROBINSON, SCHIMEL -- read once and referred to
  the Committee on Corporations, Authorities and Commissions

AN  ACT to amend the public authorities law, in relation to establishing
  certain requirements for the dormitory authority of the state  of  New
  York  prior  to  such  authority  issuing  bonds  and notes to finance
  certain projects

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

  Section  1.  The  public  authorities  law  is amended by adding a new
section 1678-a to read as follows:
  S 1678-A. ADDITIONAL  REQUIREMENTS  FOR  CERTAIN  AUTHORITY  PROJECTS.
NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE CONTRARY, PRIOR TO THE
DORMITORY  AUTHORITY OF THE STATE OF NEW YORK ISSUING BONDS AND NOTES TO
FINANCE A PROJECT FOR A PRIVATE INSTITUTION OR ORGANIZATION, THE  DORMI-
TORY AUTHORITY SHALL:
  (A)  BE REQUIRED TO PREPARE A STATEMENT ON THE ENVIRONMENTAL IMPACT OF
THE PROJECT SUCH BONDS OR NOTES ARE TO FINANCE, AND THEN HOLD A  HEARING
IN THE COMMUNITY AFFECTED ON SUCH ENVIRONMENTAL IMPACT STATEMENT REGARD-
LESS  OF  WHETHER IT IS FOUND THAT THERE WOULD BE A POSITIVE OR NEGATIVE
IMPACT ON THE ENVIRONMENT DUE TO SUCH PROJECT; AND
  (B) REQUIRE ANY PROJECT FOR A PRIVATE INSTITUTION OR ORGANIZATION THAT
SUCH AUTHORITY FUNDS WITH BONDS OR NOTES TO BE CONTEXTUAL IN  APPEARANCE
TO  THE  BUILDINGS  AND  STRUCTURES  SURROUNDING  SUCH PROJECT AND TO BE
APPROVED BY A LOCAL PLANNING OR ZONING BOARD OR OTHER SIMILAR BOARD.  IF
NO SUCH LOCAL BOARD EXISTS THEN THE  OFFICE  OF  PARKS,  RECREATION  AND
HISTORIC  PRESERVATION SHALL BE REQUIRED TO REVIEW THE PROJECT TO DETER-
MINE IF THE PROJECT IS  CONTEXTUAL  IN  APPEARANCE  TO  THE  SURROUNDING
BUILDINGS AND STRUCTURES.
  S 2. This act shall take effect on the one hundred twentieth day after
it shall have become a law; provided, however, that effective immediate-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01576-01-3

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