senate Bill S1259

2013-2014 Legislative Session

Relates to debt limitation recommendations for state authorities

download bill text pdf

Sponsored By

Archive: Last Bill Status -


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to corporations, authorities and commissions
Jan 09, 2013 referred to corporations, authorities and commissions

Co-Sponsors

S1259 - Details

See Assembly Version of this Bill:
A6247
Law Section:
Public Authorities Law
Laws Affected:
Amd ยง6, Pub Auth L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S1395B, A6310B
2009-2010: S8425, A11222A

S1259 - Summary

Relates to debt limitation recommendations for state authorities.

S1259 - Sponsor Memo

S1259 - Bill Text download pdf

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

                                  1259

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen. PERKINS -- read twice and ordered printed, and when
  printed to be committed to the Committee on Corporations,  Authorities
  and Commissions

AN  ACT to amend the public authorities law, in relation to debt limita-
  tion recommendations for state authorities

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

  Section  1.  Paragraph (m) of subdivision 1 of section 6 of the public
authorities law, as added by chapter 506 of the laws of 2009, is amended
to read as follows:
  (m) WITHIN ONE HUNDRED EIGHTY DAYS OF THE EFFECTIVE DATE OF THE  CHAP-
TER  OF  THE  LAWS OF TWO THOUSAND THIRTEEN THAT AMENDED THIS PARAGRAPH,
issue recommendations to the legislature and governor  on  setting  debt
limitations for authorities without statutorily required debt limits;
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02706-01-3

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