Assembly Bill A7886

2015-2016 Legislative Session

Relates to rental payments from the NYC water board

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2015-A7886 (ACTIVE) - Details

See Senate Version of this Bill:
S1453
Current Committee:
Assembly Cities
Law Section:
New York City Administrative Code
Laws Affected:
Add §5-511, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2013-2014: A9228, S6632
2017-2018: A5764, S812

2015-A7886 (ACTIVE) - Summary

Relates to rental payments from the NYC water board; requires the general fund of NYC to provide to the local water fund an amount equal to the amount requested by NYC pursuant to the base rental sum of money pursuant to the lease terms; requires fifty percent of these sums shall be used to provide rebates to residential water and sewer accounts and fifty percent to pay principal and interest on certain outstanding debt.

2015-A7886 (ACTIVE) - Bill Text download pdf 

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

                                  7886

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              May 29, 2015
                               ___________

Introduced by M. of A. GJONAJ -- read once and referred to the Committee
  on Cities

AN  ACT  to  amend  the  administrative code of the city of New York, in
  relation to rental payments from the New York city water board

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

  Section  1. The administrative code of the city of New York is amended
by adding a new section 5-511 to read as follows:
  S 5-511 RENTAL PAYMENTS FROM THE NEW YORK CITY WATER BOARD.   NOTWITH-
STANDING  ANY  REQUEST OF THE CITY OF NEW YORK FOR A RENTAL PAYMENT FROM
THE NEW YORK CITY WATER BOARD ESTABLISHED PURSUANT TO SECTION ONE  THOU-
SAND  FORTY-SIX  OF  THE PUBLIC AUTHORITIES LAW, THE GENERAL FUND OF THE
CITY OF NEW YORK SHALL PROVIDE TO  THE  LOCAL  WATER  FUND,  ESTABLISHED
PURSUANT  TO SUBDIVISION TWO OF SECTION ONE THOUSAND FORTY-FIVE-J OF THE
PUBLIC AUTHORITIES LAW AND THE LEASE AGREEMENT BETWEEN THE CITY  OF  NEW
YORK  AND  THE  NEW YORK CITY WATER BOARD, AN AMOUNT EQUAL TO THE AMOUNT
REQUESTED BY THE CITY OF NEW YORK PURSUANT TO THE  BASE  RENTAL  SUM  OF
MONEY PURSUANT TO THE TERMS OF SUCH LEASE. FIFTY PERCENT OF SUCH SUMS OF
MONIES  SHALL BE USED TO PROVIDE REBATES ACROSS THE BOARD TO RESIDENTIAL
WATER AND SEWER ACCOUNTS AND FIFTY PERCENT TO PAY PRINCIPAL AND INTEREST
ON OUTSTANDING DEBT ISSUED BY THE  CITY  OF  NEW  YORK  BEFORE  NINETEEN
HUNDRED  EIGHTY-FIVE FOR CAPITAL PROJECTS IN THE WATER AND SEWER SYSTEM,
UNTIL SUCH DEBT IS PAID, WHEREUPON SUCH SUM SHALL  BE  USED  TO  PROVIDE
REBATES ACROSS THE BOARD TO RESIDENTIAL WATER AND SEWER ACCOUNTS.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05909-01-5

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.