senate Bill S5211

Signed By Governor
2013-2014 Legislative Session

Relating to the powers of subsidiaries of the Educational Housing Services Inc.

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Archive: Last Bill Status - Signed by Governor


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

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Actions

view actions (13)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 31, 2013 signed chap.294
Jul 19, 2013 delivered to governor
Jun 19, 2013 returned to senate
passed assembly
ordered to third reading rules cal.458
substituted for a7412
Jun 11, 2013 referred to ways and means
delivered to assembly
passed senate
Jun 10, 2013 advanced to third reading
Jun 05, 2013 2nd report cal.
Jun 04, 2013 1st report cal.1113
May 14, 2013 referred to corporations, authorities and commissions

Votes

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Jun 4, 2013 - Corporations, Authorities and Commissions committee Vote

S5211
6
0
committee
6
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Corporations, Authorities and Commissions committee vote details

Corporations, Authorities and Commissions Committee Vote: Jun 4, 2013

S5211 - Details

See Assembly Version of this Bill:
A7412
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L; amd §5, Chap 376 of 1998

S5211 - Summary

Relates to the powers of subsidiaries of the Educational Housing Services Incorporated.

S5211 - Sponsor Memo

S5211 - Bill Text download pdf

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

                                  5211

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              May 14, 2013
                               ___________

Introduced  by  Sen.  GOLDEN -- 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 the powers of
  subsidiaries  of  the  Educational Housing Services Inc.; and to amend
  chapter 376 of the laws of 1998 amending the  public  authorities  law
  relating  to  the  powers of the Educational Housing Services Inc., in
  relation to extending the effectiveness thereof

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

  Section  1. The undesignated paragraph of paragraph (b) of subdivision
2 of section 1676 of the public authorities law, as amended  by  chapter
352 of the laws of 2008, is amended to read as follows:
  Educational  Housing  Services Inc., a not-for-profit corporation, for
the acquisition, financing, refinancing,  construction,  reconstruction,
renovation,  development, improvement, expansion, and equipping of hous-
ing for students and/or faculty  at  institutions  of  higher  education
[throughout  the  state and up to five] LOCATED WITHIN THE FIVE BOROUGHS
OF THE CITY OF NEW YORK AND WESTCHESTER COUNTY EITHER BY DIRECTLY OR  BY
CREATION  OF  A wholly-owned [and] NOT-FOR-PROFIT SUBSIDIARY CORPORATION
OR controlled corporations [or], limited liability companies OR PARTNER-
SHIPS, that are not subject to  federal  income  taxation  (except  with
respect  to  any unrelated business income) [as follows: one such corpo-
ration or limited liability  company  for  the  acquisition,  financing,
refinancing,   construction,  reconstruction,  renovation,  development,
improvement, expansion, and equipping of a  dormitory  for  housing  for
students  in  connection  with the city university of New York; one such
corporation or limited liability company for the acquisition, financing,
refinancing,  construction,  reconstruction,  renovation,   development,
improvement, expansion, and equipping of a dormitory located at 401 West
130th Street, New York, New York for housing for students and/or faculty

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10918-01-3

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