Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 03, 2019 |
signed chap.75 |
Jun 28, 2019 |
delivered to governor |
Jun 19, 2019 |
returned to senate passed assembly ordered to third reading rules cal.451 substituted for a6293b |
Jun 17, 2019 |
referred to ways and means returned to assembly repassed senate |
Jun 14, 2019 |
amended on third reading 4197b |
Jun 14, 2019 |
vote reconsidered - restored to third reading returned to senate recalled from assembly |
May 30, 2019 |
referred to cities delivered to assembly passed senate |
May 22, 2019 |
advanced to third reading |
May 21, 2019 |
2nd report cal. |
May 20, 2019 |
1st report cal.793 |
Apr 01, 2019 |
print number 4197a |
Apr 01, 2019 |
amend and recommit to local government |
Mar 04, 2019 |
referred to local government |
Senate Bill S4197B
Signed By Governor2019-2020 Legislative Session
Sponsored By
(D, WF) 31st 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
Bill Amendments
2019-S4197 - Details
2019-S4197 - Summary
Relates to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; amends the New York state financial emergency act for the city of New York; makes further amendments relating to the effectiveness thereof.
2019-S4197 - Sponsor Memo
BILL NUMBER: S4197 SPONSOR: JACKSON TITLE OF BILL: An act to amend the local finance law, in relation to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; to amend the New York state financial emergency act for the city of New York, in relation to a pledge and agreement of the state; and to amend chapter 142 of the laws of 2004, amending the local finance law relating to interest rate exchange agreements of the city of New York and refunding bonds of such city, in relation to the effectiveness thereof PURPOSE: This act would provide a three-year extension to provisions of the Local Finance Law that includes extensions of essential borrowing programs such as Negotiated Sale of Bonds, Variable Rate Debt Authority, Swap Enhancement Authority, and Present Value Savings Analysis.
2019-S4197 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4197 2019-2020 Regular Sessions I N S E N A T E March 4, 2019 ___________ Introduced by Sen. JACKSON -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the local finance law, in relation to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; to amend the New York state financial emergency act for the city of New York, in relation to a pledge and agreement of the state; and to amend chapter 142 of the laws of 2004, amending the local finance law relating to interest rate exchange agreements of the city of New York and refunding bonds of such city, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of paragraph (a) of section 54.10 of the local finance law, as amended by chapter 91 of the laws of 2018, is amended to read as follows: To facilitate the marketing of any issue of bonds or notes of the city of New York issued on or before June thirtieth, two thousand [nineteen] TWENTY-TWO, the mayor and comptroller of such city may, subject to the approval of the state comptroller and the limitations on private sales of bonds and notes, respectively, provided by law: § 2. The closing paragraph of paragraph a of section 54.90 of the local finance law, as amended by chapter 91 of the laws of 2018, is amended to read as follows: Notwithstanding the foregoing, whenever in the judgment of the finance board of the city of New York the interest of such city would be served thereby, the city of New York may without further approval issue bonds or notes, on or before July fifteenth, two thousand [nineteen] TWENTY- TWO, with interest rates that vary in accordance with a formula or procedure and are subject to a maximum rate of interest set forth or EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2019-S4197A - Details
2019-S4197A - Summary
Relates to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; amends the New York state financial emergency act for the city of New York; makes further amendments relating to the effectiveness thereof.
2019-S4197A - Sponsor Memo
BILL NUMBER: S4197A SPONSOR: JACKSON TITLE OF BILL: An act to amend the local finance law, in relation to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; to amend the New York state financial emergency act for the city of New York, in relation to a pledge and agreement of the state; and to amend chapter 142 of the laws of 2004, amending the local finance law relating to interest rate exchange agreements of the city of New York and refunding bonds of such city, in relation to the effectiveness thereof PURPOSE: This act would provide a three-year extension to provisions of the Local Finance Law that includes extensions of essential borrowing programs such as Negotiated Sale of Bonds, Variable Rate Debt Authority, Swap Enhancement Authority, and Present Value Savings Analysis.
2019-S4197A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4197--A 2019-2020 Regular Sessions I N S E N A T E March 4, 2019 ___________ Introduced by Sen. JACKSON -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the local finance law, in relation to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; to amend the New York state financial emergency act for the city of New York, in relation to a pledge and agreement of the state; and to amend chapter 142 of the laws of 2004, amending the local finance law relating to interest rate exchange agreements of the city of New York and refunding bonds of such city, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of paragraph (a) of section 54.10 of the local finance law, as amended by chapter 91 of the laws of 2018, is amended to read as follows: To facilitate the marketing of any issue of bonds or notes of the city of New York issued on or before June thirtieth, two thousand [nineteen] TWENTY-TWO, the mayor and comptroller of such city may, subject to the approval of the state comptroller and the limitations on private sales of bonds and notes, respectively, provided by law: § 2. The closing paragraph of paragraph a of section 54.90 of the local finance law, as amended by chapter 91 of the laws of 2018, is amended to read as follows: Notwithstanding the foregoing, whenever in the judgment of the finance board of the city of New York the interest of such city would be served thereby, the city of New York may without further approval issue bonds or notes, on or before July fifteenth, two thousand [nineteen] TWENTY- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2019-S4197B (ACTIVE) - Details
2019-S4197B (ACTIVE) - Summary
Relates to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; amends the New York state financial emergency act for the city of New York; makes further amendments relating to the effectiveness thereof.
2019-S4197B (ACTIVE) - Sponsor Memo
BILL NUMBER: S4197B SPONSOR: JACKSON TITLE OF BILL: An act to amend the local finance law, in relation to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; to amend the New York state financial emer- gency act for the city of New York, in relation to a pledge and agree- ment of the state; and to amend chapter 142 of the laws of 2004, amend- ing the local finance law relating to interest rate exchange agreements of the city of New York and refunding bonds of such city, in relation to the effectiveness thereof PURPOSE: This act would provide a three-year extension to provisions of the Local Finance Law that includes extensions of essential borrowing programs such as Negotiated Sale of Bonds, Variable Rate Debt Authority, Swap Enhancement Authority, and Present Value Savings Analysis.
2019-S4197B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4197--B Cal. No. 793 2019-2020 Regular Sessions I N S E N A T E March 4, 2019 ___________ Introduced by Sen. JACKSON -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- reported favorably from said commit- tee, ordered to first and second report, ordered to a third reading, passed by Senate and delivered to the Assembly, recalled, vote recon- sidered, restored to third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the local finance law, in relation to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; to amend the New York state financial emergency act for the city of New York, in relation to a pledge and agreement of the state; and to amend chapter 142 of the laws of 2004, amending the local finance law relating to interest rate exchange agreements of the city of New York and refunding bonds of such city, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of paragraph (a) of section 54.10 of the local finance law, as amended by chapter 91 of the laws of 2018, is amended to read as follows: To facilitate the marketing of any issue of bonds or notes of the city of New York issued on or before June thirtieth, two thousand [nineteen] TWENTY, the mayor and comptroller of such city may, subject to the approval of the state comptroller and the limitations on private sales of bonds and notes, respectively, provided by law: § 2. The closing paragraph of paragraph a of section 54.90 of the local finance law, as amended by chapter 91 of the laws of 2018, is amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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