Senate Bill S5666B

Signed By Governor
2019-2020 Legislative Session

Relates to financing by and through the dormitory authority for the Reece School

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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

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Bill Amendments

2019-S5666 - Details

See Assembly Version of this Bill:
A8133
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L; amd §7, Chap 698 of 1991

2019-S5666 - Summary

Relates to financing by and through the dormitory authority for the Reece School, the Reece School shall have full power and authority to assign and pledge to the dormitory authority, any and all public funds in an amount sufficient to make all payments required to be made by the Reece School to any lease, sublease or other agreement entered into between the Reece School and the dormitory authority.

2019-S5666 - Sponsor Memo

2019-S5666 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5666
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                               May 10, 2019
                                ___________
 
 Introduced  by Sen. BENJAMIN -- 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 financing by
   and through the dormitory authority for the Reece School

   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 465
 of the laws of 2009, is amended to read as follows:
   The Reece School, for the financing or refinancing,  or  reimbursement
 of  the costs of, the acquisition, design, construction, reconstruction,
 rehabilitation, improvement, furnishing and equipping of,  or  otherwise
 providing for[, additional floors or facilities for education and thera-
 py  at  their  facility  located  at twenty-five East One Hundred Fourth
 Street in the city of New York, to serve as] a school AND  OTHER  EDUCA-
 TION  AND  THERAPY FACILITIES for special education students[; provided,
 however, that the aggregate sum of any bonds  issued  for  such  purpose
 shall  not  exceed twenty million dollars] TO BE LOCATED IN THE STATE OF
 NEW YORK. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, THE  REECE  SCHOOL
 SHALL HAVE FULL POWER AND AUTHORITY TO ASSIGN AND PLEDGE TO THE DORMITO-
 RY  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 THE REECE SCHOOL TO ANY  LEASE,
 SUBLEASE  OR  OTHER  AGREEMENT ENTERED INTO BETWEEN THE REECE SCHOOL AND
 THE DORMITORY AUTHORITY. ALL STATE AND LOCAL OFFICERS ARE HEREBY AUTHOR-
 IZED AND REQUIRED TO PAY ALL SUCH FUNDS SO ASSIGNED AND PLEDGED  TO  THE
 DORMITORY  AUTHORITY  OR, UPON THE DIRECTION OF THE DORMITORY AUTHORITY,
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

2019-S5666A - Details

See Assembly Version of this Bill:
A8133
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L; amd §7, Chap 698 of 1991

2019-S5666A - Summary

Relates to financing by and through the dormitory authority for the Reece School, the Reece School shall have full power and authority to assign and pledge to the dormitory authority, any and all public funds in an amount sufficient to make all payments required to be made by the Reece School to any lease, sublease or other agreement entered into between the Reece School and the dormitory authority.

2019-S5666A - Sponsor Memo

2019-S5666A - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5666--A
     Cal. No. 784
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                               May 10, 2019
                                ___________
 
 Introduced  by Sen. BENJAMIN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and  Commissions -- reported favorably from said committee, ordered to
   first and second report, ordered  to  a  third  reading,  amended  and
   ordered reprinted, retaining its place in the order of third reading
 
 AN  ACT to amend the public authorities law, in relation to financing by
   and through the dormitory authority for the Reece School
 
   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 465
 of the laws of 2009, is amended to read as follows:
   [The Reece School, for the financing or refinancing, or  reimbursement
 of  the costs of, the acquisition, design, construction, reconstruction,
 rehabilitation, improvement, furnishing and equipping of,  or  otherwise
 providing for, additional floors or facilities for education and therapy
 at  their facility located at twenty-five East One Hundred Fourth Street
 in the city of New York, to serve as  a  school  for  special  education
 students;  provided, however, that the aggregate sum of any bonds issued
 for such purpose shall not exceed twenty million dollars]  NOTWITHSTAND-
 ING  ANY  OTHER PROVISION OF LAW, THE REECE SCHOOL 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 THE REECE SCHOOL TO ANY LEASE, SUBLEASE OR  OTHER
 AGREEMENT  ENTERED  INTO  BETWEEN  THE  REECE  SCHOOL  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
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

2019-S5666B (ACTIVE) - Details

See Assembly Version of this Bill:
A8133
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L; amd §7, Chap 698 of 1991

2019-S5666B (ACTIVE) - Summary

Relates to financing by and through the dormitory authority for the Reece School, the Reece School shall have full power and authority to assign and pledge to the dormitory authority, any and all public funds in an amount sufficient to make all payments required to be made by the Reece School to any lease, sublease or other agreement entered into between the Reece School and the dormitory authority.

2019-S5666B (ACTIVE) - Sponsor Memo

2019-S5666B (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5666--B
     Cal. No. 784
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                               May 10, 2019
                                ___________
 
 Introduced  by Sen. BENJAMIN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and  Commissions -- reported favorably from said committee, ordered to
   first and second report, ordered  to  a  third  reading,  amended  and
   ordered  reprinted,  retaining its place in the order of third reading
   -- again amended and ordered reprinted, retaining  its  place  in  the
   order of third reading
 
 AN  ACT to amend the public authorities law, in relation to financing by
   and through the dormitory authority for the Reece School; and to amend
   chapter 698 of the laws of 1991 amending the  public  authorities  law
   and  the  education law, relating to the construction and financing of
   facilities by the dormitory authority  for  private  schools  approved
   pursuant  to article 89 of the education law, in relation to including
   the Reece School, New York
 
   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 465
 of the laws of 2009, is amended to read as follows:
   The Reece School, for the financing or refinancing,  or  reimbursement
 of  the costs of, the acquisition, design, construction, reconstruction,
 rehabilitation, improvement, furnishing and equipping of,  or  otherwise
 providing for, additional floors or facilities for education and therapy
 at  their facility located at twenty-five East One Hundred Fourth Street
 in the city of New York, to serve as  a  school  for  special  education
 students;  provided, however, that the aggregate sum of any bonds issued
 for such purpose shall not exceed [twenty] THIRTY-FIVE million  dollars.
 NOTWITHSTANDING  ANY OTHER PROVISION OF LAW, THE REECE SCHOOL SHALL HAVE
 FULL POWER AND AUTHORITY TO ASSIGN AND PLEDGE TO THE DORMITORY  AUTHORI-
 TY, ANY AND ALL PUBLIC FUNDS TO BE APPORTIONED OR OTHERWISE MADE PAYABLE
 BY THE UNITED STATES, ANY AGENCY THEREOF, THE STATE, ANY AGENCY THEREOF,
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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