Senate Bill S5294

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5294
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              March 20, 2017
                                ___________
 
 Introduced by Sen. RANZENHOFER -- (at request of the Dormitory Authority
   of  the State of New York) -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN  ACT  to amend the public authorities law, in relation to authorizing
   the dormitory authority to finance stand-alone clinical facilities for
   various human services organizations for whom the dormitory  authority
   is currently authorized to issue bonds and notes
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The undesignated paragraph of paragraph (b) of  subdivision
 2 of section 1676 of the public authorities law, as added by chapter 373
 of the laws of 1998, is amended to read as follows:
   NYSARC,    Inc.   for   the   acquisition,   financing,   refinancing,
 construction,  reconstruction,  renovation,  development,   improvement,
 expansion,  and  equipping  of CLINICAL, day programming and residential
 facilities and necessary ancillary and related facilities throughout the
 state.
   § 2. The undesignated paragraph of paragraph (b) of subdivision  2  of
 section  1676  of the public authorities law, as added by chapter 369 of
 the laws of 2009, is amended to read as follows:
   Not-for-profit members of the Alliance of Long Island Agencies,  Inc.,
 for   the  acquisition,  financing,  refinancing,  construction,  recon-
 struction, renovation, development, improvement, expansion and equipping
 of certain educational, administrative, CLINICAL, day program and  resi-
 dential facilities to be located in the state of New York.
   §  3.  The undesignated paragraph of paragraph (b) of subdivision 2 of
 section 1676 of the public authorities  law, as added by chapter 471  of
 the laws of 2009, is amended to read as follows:
   Not-for-profit  members  of  InterAgency Council of Mental Retardation
 and Developmental Disabilities  Agencies,  Inc.,  for  the  acquisition,
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD10198-01-7

 S. 5294                             2
 
 financing, refinancing, construction, reconstruction, renovation, devel-
 opment,  improvement,  expansion  and  equipping of certain educational,
 administrative, CLINICAL, day program and residential facilities  to  be
 located in the state of New York.
   §  4.  The  undesignated paragraph of subdivision 1 of section 1680 of
 the public authorities law, as added by chapter 373 of the laws of 1998,
 is amended to read as follows:
   NYSARC,   Inc.   for   the   acquisition,   financing,    refinancing,
 construction,   reconstruction,  renovation,  development,  improvement,
 expansion, and equipping of CLINICAL, day  programming  and  residential
 facilities and necessary ancillary and related facilities throughout the
 state.
   §  5.  The  undesignated paragraph of subdivision 1 of section 1680 of
 the public authorities law, as added by chapter 369 of the laws of 2009,
 is amended to read as follows:
   Not-for-profit members of the Alliance of Long Island Agencies,  Inc.,
 for   the  acquisition,  financing,  refinancing,  construction,  recon-
 struction, renovation, development, improvement, expansion and equipping
 of certain educational, administrative, CLINICAL, day program and  resi-
 dential  facilities  to  be  located in the state of New York.  Notwith-
 standing any other provision of law, not-for-profit members of the Alli-
 ance of Long Island Agencies, Inc. shall have full power  and  authority
 to  assign  and  pledge  to  the dormitory authority, any and all public
 funds to be apportioned or otherwise made payable by the United  States,
 any  agency thereof, the state, any agency thereof, a political subdivi-
 sion, as defined in section one hundred of the  general  municipal  law,
 any  social  services  district  in  the state or any other governmental
 entity in an amount sufficient to make all payments required to be  made
 by  such  members  pursuant  to  any  lease, sublease or other agreement
 entered into between such members and the dormitory authority. All state
 and local officers are hereby authorized and required to  pay  all  such
 funds  so  assigned  and pledged to the dormitory authority or, upon the
 direction of the dormitory authority, to any trustee  of  any  dormitory
 authority  bond or note issued, pursuant to a certificate filed with any
 such state or local officer by the dormitory authority pursuant  to  the
 provisions of this section.
   §  6.  The  undesignated paragraph of subdivision 1 of section 1680 of
 the public authorities law, as added by chapter 471 of the laws of 2009,
 is amended to read as follows:
   Not-for-profit members of InterAgency Council  of  Mental  Retardation
 and  Developmental  Disabilities  Agencies,  Inc.,  for the acquisition,
 financing, refinancing, construction, reconstruction, renovation, devel-
 opment, improvement, expansion and  equipping  of  certain  educational,
 administrative,  CLINICAL,  day program and residential facilities to be
 located in the state of New York. Notwithstanding any other provision of
 law, not-for-profit members of the InterAgency Council of Mental  Retar-
 dation  and  Developmental  Disabilities  Agencies, Inc. shall have full
 power and authority to assign and pledge to the dormitory authority, any
 and all public funds to be apportioned or otherwise made payable by  the
 United  States,  any  agency  thereof,  the state, any agency thereof, a
 political subdivision, as defined in section one hundred of the  general
 municipal  law,  any  social services district in the state or any other
 governmental entity  in  an  amount  sufficient  to  make  all  payments
 required  to  be made by such members pursuant to any lease, sublease or
 other agreement entered into between  such  members  and  the  dormitory
 authority.  All  state  and  local  officers  are  hereby authorized and

 S. 5294                             3

 required to pay all such funds so assigned and pledged to the  dormitory
 authority  or,  upon  the  direction  of the dormitory authority, to any
 trustee of any dormitory authority bond or note issued,  pursuant  to  a
 certificate  filed with any such state or local officer by the dormitory
 authority pursuant to the provisions of this section.
   § 7. This act shall take effect immediately;  provided,  however  that
 the  amendments to the undesignated paragraph of paragraph (b) of subdi-
 vision 2 of section 1676 of the public authorities law made  by  section
 one  of  this  act  and  the  undesignated paragraph of subdivision 1 of
 section 1680 of the public authorities law made by section four of  this
 act shall not affect the repeal of such paragraphs pursuant to section 5
 of  chapter  373  of  the  laws of 1998, as amended, and shall be deemed
 repealed therewith.