Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 11, 2014 |
signed chap.283 |
Aug 01, 2014 |
delivered to governor |
Jun 18, 2014 |
returned to assembly passed senate 3rd reading cal.1515 substituted for s7149 |
Jun 18, 2014 |
substituted by a9922 ordered to third reading cal.1515 committee discharged and committed to rules |
May 19, 2014 |
reported and committed to finance |
May 01, 2014 |
referred to housing, construction and community development |
Senate Bill S7149
Signed By Governor2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status Via A9922 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2013-S7149 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9922
- Law Section:
- Private Housing Finance Law
- Laws Affected:
- Amd ยง47, Priv Hous Fin L
2013-S7149 (ACTIVE) - Sponsor Memo
BILL NUMBER:S7149 TITLE OF BILL: An act to amend the private housing finance law, in relation to the powers of the New York state housing finance agency with respect to an increase in bond and note authorization Purpose of the Bill: The bill would increase the New York State Housing Finance Agency's ("HFA") bonding authority by $1.5 billion to a maximum aggregate of $18.780 billion. Summary of Provisions: Section 1 of the bill would increase the bonding authority of HFA by $1.5 billion to a maximum aggregate of $18.780 billion. Section 2 of the bill provides for an immediate effective date. Existing Law: Current law authorizes HFA to issue bonds and notes for its housing programs for any of its corporate purposes in an aggregate principal amount not to exceed $17.280 billion. Prior Legislative History:
2013-S7149 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7149 I N S E N A T E May 1, 2014 ___________ Introduced by Sen. YOUNG -- (at request of the New York State Homes and Community Renewal) -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Communi- ty Development AN ACT to amend the private housing finance law, in relation to the powers of the New York state housing finance agency with respect to an increase in bond and note authorization THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (c) of subdivision 1 of section 47 of the private housing finance law, as amended by chapter 419 of the laws of 2012, is amended to read as follows: (c) The agency shall not issue bonds and notes other than state university construction bonds and state university construction notes, hospital and nursing home project bonds and hospital and nursing home project notes, health facilities bonds and health facilities notes, youth facilities project bonds and youth facilities project notes, community mental health services and mental retardation services project bonds and community mental health services and mental retardation services project notes, community senior citizens services project notes or community senior citizens services project bonds and mental hygiene improvement bonds and mental hygiene improvement notes and bonds and notes for the housing program for any of its corporate purposes in an aggregate principal amount exceeding [seventeen] EIGHTEEN billion [two] SEVEN hundred eighty million dollars, excluding bonds and notes issued to refund outstanding bonds and notes. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13817-02-4
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.