Assembly Bill A7687

Signed By Governor
2021-2022 Legislative Session

Extends provisions of law relating to the issuance of land installment purchase obligations

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S7069 - 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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2021-A7687 (ACTIVE) - Details

See Senate Version of this Bill:
S7069
Law Section:
Local Finance Law
Laws Affected:
Amd §3, Chap 626 of 1996

2021-A7687 (ACTIVE) - Summary

Extends provisions of law relating to the issuance of land installment purchase obligations from July 1, 2021 until July 1, 2031.

2021-A7687 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7687
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 19, 2021
                                ___________
 
 Introduced  by M. of A. BURKE -- read once and referred to the Committee
   on Local Governments
 
 AN ACT to amend chapter 626 of the laws  of  1996,  amending  the  local
   finance  law,  relating  to  the issuance of land installment purchase
   obligations, in relation to extending the provisions thereof

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 3 of chapter 626 of the laws of 1996, amending the
 local finance law, relating to the issuance of land installment purchase
 obligations, as amended by chapter 200 of the laws of 2011,  is  amended
 to read as follows:
   §  3.  This act shall take effect immediately and shall expire on July
 31, [2021] 2031 when upon such date the provisions of this act shall  be
 deemed repealed.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11056-01-1



              

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