Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 21, 2017 |
signed chap.245 |
Aug 09, 2017 |
delivered to governor |
Jun 20, 2017 |
returned to senate passed assembly ordered to third reading rules cal.594 substituted for a6664 |
May 23, 2017 |
referred to local governments delivered to assembly passed senate home rule request |
May 15, 2017 |
advanced to third reading |
May 10, 2017 |
2nd report cal. |
May 09, 2017 |
1st report cal.900 |
Mar 21, 2017 |
reported and committed to finance |
Mar 13, 2017 |
referred to local government |
Senate Bill S5198
Signed By Governor2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - 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
2017-S5198 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6664
- Law Section:
- Rensselaer County
2017-S5198 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5198 TITLE OF BILL : An act authorizing the village of Hoosick Falls, county of Rensselaer, to issue certain bonds PURPOSE : To allow the Village of Hoosick Falls, to issue serial bonds for the specific purpose of reimbursing the village for payments made by the village general fund, water fund and sewer fund for extraordinary expenses incurred by the village as a direct result of the discovery of the contamination of the village's municipal water supply by the hazardous substance known as perfluorooctanoic acid (PFOA). SUMMARY OF PROVISIONS : Section 1: Authorizes the Village of Hoosick Falls to issue serial bonds, on or before December 31, 2017, for the specific purpose of reimbursing the village for payments made by the village from its general fund, water fund and sewer fund for extraordinary expenses it incurred and extraordinary revenue losses suffered by its water fund and sewer fund as a result of the discovery of the contamination of the village's municipal water supply by the hazardous substance now as perfluorooctanonic acid (PFOA). Section 2: Declares the public purpose of the issuance of serial
2017-S5198 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5198 2017-2018 Regular Sessions I N S E N A T E March 13, 2017 ___________ Introduced by Sen. MARCHIONE -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT authorizing the village of Hoosick Falls, county of Rensselaer, to issue certain bonds THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The village of Hoosick Falls, in the county of Rensselaer, is hereby authorized to issue serial bonds, subject to the provisions of this act, on or before December 31, 2017, for the specific object or purpose of reimbursing the village for (i) payments made by the village from the village general fund, water fund and sewer fund for extraor- dinary expenses incurred by the village and (ii) extraordinary revenue losses suffered by the village water fund and sewer fund, all in connection with or as a result of the discovery of the contamination of the village's municipal water supply by the hazardous substance known as perfluorooctanoic acid (or PFOA). "Extraordinary expenses" as used in this section shall mean those operating and capital costs directly or indirectly related to or resulting from (a) such contamination, (b) the reduction or elimination of the contamination, (c) negotiations with parties alleged to bear legal responsibility for the contamination, and (d) the issuance of notes by the village under the local finance law to finance any of the foregoing and any extraordinary revenue losses described above, including, without limitation, costs for engineering services, testing services, legal services, and public relations and communication services, as well as other related village costs. "Extraordinary revenue losses" as used in this section shall mean the extent to which, in the aggregate, budgeted water fund and sewer fund revenues exceeded actual water fund and sewer fund revenues received by the village in village fiscal years 2014-15, 2015-16, and 2016-17. § 2. Notwithstanding the provisions of section 11.00 of the local finance law, the specific object or purpose referred to in section one EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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.