S T A T E O F N E W Y O R K
________________________________________________________________________
6077--A
2015-2016 Regular Sessions
I N A S S E M B L Y
March 12, 2015
___________
Introduced by M. of A. BRENNAN -- (at request of the Dormitory Authori-
ty) -- read once and referred to the Committee on Corporations,
Authorities and Commissions -- committee discharged, bill amended,
ordered reprinted as amended and recommitted to said committee
AN ACT to amend the public authorities law, in relation to authorizing
the dormitory authority to finance and construct facilities for organ-
izations undertaking projects under the capital restructuring financ-
ing program or the delivery system reform incentive payment (DSRIP)
program
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (b) of subdivision 2 of section 1676 of the
public authorities law is amended by adding a new undesignated paragraph
to read as follows:
ORGANIZATIONS, INCLUDING WITHOUT LIMITATION PARTNERSHIPS, LIMITED
PARTNERSHIPS, BUSINESS CORPORATIONS, BENEFIT CORPORATIONS, PUBLIC CORPO-
RATIONS, CORPORATIONS FORMED OTHER THAN FOR PROFIT, LIMITED LIABILITY
COMPANIES, AND JOINT VENTURES THAT EITHER: (A) HAVE BEEN SELECTED TO
RECEIVE CAPITAL GRANTS UNDER: (I) THE STATE CAPITAL RESTRUCTURING
FINANCING PROGRAM ESTABLISHED PURSUANT TO SECTION TWENTY-EIGHT HUNDRED
TWENTY-FIVE OF THE PUBLIC HEALTH LAW AND SECTION SIXTEEN HUNDRED EIGHT-
Y-R OF THIS TITLE, OR (II) THE HEALTH CARE FACILITY TRANSFORMATION
PROGRAM ESTABLISHED BY SECTIONS TWENTY-EIGHT HUNDRED TWENTY-FIVE-A OR
TWENTY-EIGHT HUNDRED TWENTY-FIVE-B OF THE PUBLIC HEALTH LAW AND SECTION
SIXTEEN HUNDRED EIGHTY-R OF THE PUBLIC AUTHORITIES LAW; OR (B) ARE
PARTICIPATING IN THE DELIVERY SYSTEM REFORM INCENTIVE PAYMENT (DSRIP)
PROGRAM.
S 2. Subdivision 1 of section 1680 of the public authorities law is
amended by adding a new undesignated paragraph to read as follows:
ORGANIZATIONS, INCLUDING WITHOUT LIMITATION PARTNERSHIPS, LIMITED
PARTNERSHIPS, BUSINESS CORPORATIONS, BENEFIT CORPORATIONS, PUBLIC CORPO-
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09528-02-5
A. 6077--A 2
RATIONS, CORPORATIONS FORMED OTHER THAN FOR PROFIT, LIMITED LIABILITY
COMPANIES, AND JOINT VENTURES THAT EITHER: (A) HAVE BEEN SELECTED TO
RECEIVE CAPITAL GRANTS UNDER: (I) THE STATE CAPITAL RESTRUCTURING
FINANCING PROGRAM ESTABLISHED PURSUANT TO SECTION TWENTY-EIGHT HUNDRED
TWENTY-FIVE OF THE PUBLIC HEALTH LAW AND SECTION SIXTEEN HUNDRED EIGHT-
Y-R OF THIS TITLE, OR (II) THE HEALTH CARE FACILITY TRANSFORMATION
PROGRAM ESTABLISHED BY SECTIONS TWENTY-EIGHT HUNDRED TWENTY-FIVE-A OR
TWENTY-EIGHT HUNDRED TWENTY-FIVE-B OF THE PUBLIC HEALTH LAW AND SECTION
SIXTEEN HUNDRED EIGHTY-R OF THE PUBLIC AUTHORITIES LAW; OR (B) ARE
PARTICIPATING IN THE DELIVERY SYSTEM REFORM INCENTIVE PAYMENT (DSRIP)
PROGRAM.
S 3. This act shall take effect immediately.