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Assembly Bill A9082

2021-2022 Legislative Session

Requires the dormitory authority of the state of New York to fulfill certain monetary commitments

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Archive: Last Bill Status - In Assembly Committee

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2021-A9082 (ACTIVE) - Details

See Senate Version of this Bill:
S4548
Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Add §1678-b, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2023-2024: A2999, S1826
2025-2026: A4270, S2376

2021-A9082 (ACTIVE) - Summary

Requires the dormitory authority of the state of New York to fulfill all outstanding monetary commitments made to any local government for a fiscal year prior to allocating any moneys to economic development grant programs for the following fiscal year.

2021-A9082 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9082
 
                           I N  A S S E M B L Y
 
                             January 31, 2022
                                ___________
 
 Introduced by M. of A. JENSEN -- read once and referred to the Committee
   on Corporations, Authorities and Commissions
 
 AN ACT to amend the public authorities law, in relation to requiring the
   dormitory  authority of the state of New York to fulfill certain mone-
   tary commitments
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  public  authorities  law  is amended by adding a new
 section 1678-b to read as follows:
   § 1678-B. FULFILLMENT OF AUTHORITY  COMMITMENTS.  NOTWITHSTANDING  ANY
 PROVISION  OF  LAW  TO  THE  CONTRARY,  THE  AUTHORITY SHALL FULFILL ALL
 OUTSTANDING MONETARY COMMITMENTS MADE TO  ANY  LOCAL  GOVERNMENT  FOR  A
 FISCAL YEAR PRIOR TO ALLOCATING ANY MONEYS TO ECONOMIC DEVELOPMENT GRANT
 PROGRAMS FOR THE FOLLOWING FISCAL YEAR.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08823-01-1

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