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Assembly Bill A10748

2015-2016 Legislative Session

Relates to the issuance of bonds to finance airport improvements at the East Hampton Airport

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Archive: Last Bill Status - In Assembly Committee

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2015-A10748 (ACTIVE) - Details

See Senate Version of this Bill:
S8224
Current Committee:
Assembly Ways And Means
Law Section:
Local Finance Law
Laws Affected:
Amd ยง11.00, Loc Fin L (as proposed in S.3690/A.5245)
Versions Introduced in 2017-2018 Legislative Session:
A363, S985

2015-A10748 (ACTIVE) - Summary

Relates to the issuance of bonds to finance airport improvements at the East Hampton Airport.

2015-A10748 (ACTIVE) - Bill Text download pdf 

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

                                  10748

                          I N  A S S E M B L Y

                            December 23, 2016
                               ___________

Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Thiele) --
  read once and referred to the Committee on Ways and Means

AN ACT to amend the local finance law, in relation to  the  issuance  of
  bonds to finance airport improvements at the East Hampton Airport

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

  Section 1. Subdivision 14-a of paragraph a of  section  11.00  of  the
local  finance  law,  as added by a chapter of the laws of 2016 amending
the local finance law relating to  the  issuance  of  bonds  to  finance
airport  improvements at the East Hampton Airport, as proposed in legis-
lative bill numbers S. 3690 and A. 5245, is amended to read as follows:
  14-a.  Airport  construction  and  improvement  of  the  East  Hampton
Airport.  The  construction,  reconstruction,  or  extension of the East
Hampton Airport, whether or not including buildings,  hangars,  runways,
taxi-strips,  paved  areas,  PERIMETER FENCING, grading, filling, drain-
age[,] OR other site work, [original furnishings,  equipment,  machinery
or  apparatus,]  thirty  years;  the acquisition [or replacement of such
equipment, machinery or apparatus, thirty years] AND INSTALLATION OF  AN
ABOVE  GROUND  AIRCRAFT FUEL FARM AT THE EAST HAMPTON AIRPORT, INCLUDING
CONNECTING PIPES, VALVES,  METERS,  PUMPS,  CONCRETE  SPILL  CONTAINMENT
FACILITY, AND APPURTENANT FACILITIES, TWENTY-FIVE YEARS.
  S  2.  This  act  shall  take  effect on the same date and in the same
manner as a chapter of the laws of 2016 amending the local  finance  law
relating to the issuance of bonds to finance airport improvements at the
East  Hampton  Airport,  as proposed in legislative bill numbers S. 3690
and A. 5245, takes effect.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08014-02-6

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