assembly Bill A4012

2021-2022 Legislative Session

Makes provision for construction and financing of facilities for the New York state library association; repealer

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 01, 2021 referred to libraries and education technology

Co-Sponsors

A4012 (ACTIVE) - Details

Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2015-2016: A9240
2017-2018: A2811
2019-2020: A1583

A4012 (ACTIVE) - Summary

Makes provisions for construction and financing of facilities for the New York Library Association, Inc. by the dormitory authority; permits payment or assignment of public moneys to the authority; limits bond amount to five million dollars.

A4012 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4012
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 1, 2021
                                ___________
 
 Introduced  by  M.  of  A. ABINANTI, CAHILL, OTIS, FAHY, LUPARDO -- read
   once and referred to the Committee on Libraries and Education Technol-
   ogy
 
 AN ACT  to  amend  the  public  authorities  law,  in  relation  to  the
   construction  and  financing  of facilities by the dormitory authority
   for the New York Library Association; and providing for the repeal  of
   such provisions upon expiration thereof
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (b) of subdivision  2  of  section  1676  of  the
 public authorities law is amended by adding a new undesignated paragraph
 to read as follows:
   THE  NON-PROFIT MEMBERS OF THE NEW YORK LIBRARY ASSOCIATION, INC.  FOR
 THE ACQUISITION, FINANCING,  CONSTRUCTION,  RECONSTRUCTION,  RENOVATION,
 DEVELOPMENT, IMPROVEMENT, EXPANSION AND EQUIPPING OF LIBRARY FACILITIES.
   §  2.  Subdivision  1 of section 1680 of the public authorities law is
 amended by adding two new undesignated paragraphs to read as follows:
   THE NON-PROFIT MEMBERS OF THE NEW YORK LIBRARY ASSOCIATION, INC.   FOR
 THE  ACQUISITION,  FINANCING, REFINANCING, CONSTRUCTION, RECONSTRUCTION,
 RENOVATION, DEVELOPMENT, IMPROVEMENT, EXPANSION AND EQUIPPING OF LIBRARY
 FACILITIES IN THE STATE OF NEW  YORK.  THE  PRINCIPAL  AMOUNT  OF  BONDS
 ISSUED  BY THE DORMITORY AUTHORITY FOR THE COSTS OF EACH PROJECT AUTHOR-
 IZED HEREUNDER SHALL NOT EXCEED FIVE MILLION DOLLARS, EXCEPT  FOR  BONDS
 ISSUED TO REFUND OR REFINANCE BONDS PREVIOUSLY ISSUED FOR SUCH PROJECTS.
   NOTWITHSTANDING  ANY  OTHER  PROVISION  OF LAW, EACH OF THE NON-PROFIT
 MEMBERS OF THE  NEW  YORK  LIBRARY  ASSOCIATION,  INC.  SUBJECT  TO  THE
 PROVISIONS  OF  THIS CHAPTER, INCLUDING ASSOCIATION AND PUBLIC LIBRARIES
 AS DEFINED IN SECTION TWO HUNDRED  FIFTY-THREE  OF  THE  EDUCATION  LAW,
 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  STATE,  A  POLITICAL  SUBDIVISION,  AS  DEFINED  IN
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.