NY S05199 | 2013-2014 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 14 2013 - 25% progression, died in committee
Action: 2014-01-08 - REFERRED TO LOCAL GOVERNMENT
Pending: Senate Local Government Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Relates to the general debt service fund of the city of New York; relates to a statutory lien, pledge and agreement in connection with such fund; requires the city of New York to maintain a debt service fund for the purposes of paying the debt service due or becoming due in the then current fiscal year; provides that all amounts retained in the funds be used solely to pay the debt service of the city and that such funds be pledged to the holders of the notes and bonds.

Tracking Information

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Title

Relates to the general debt service fund of the city of New York; relates to a statutory lien, pledge and agreement in connection with such fund; requires the city of New York to maintain a debt service fund for the purposes of paying the debt service due or becoming due in the then current fiscal year; provides that all amounts retained in the funds be used solely to pay the debt service of the city and that such funds be pledged to the holders of the notes and bonds.

Sponsors


History

DateChamberAction
2014-01-08SenateREFERRED TO LOCAL GOVERNMENT
2013-05-14SenateREFERRED TO LOCAL GOVERNMENT

New York State Sources


Bill Comments

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