Bill Texts: NY A06416 | 2019-2020 | General Assembly

Bill Title: Requires that any ballot proposition creating a state debt shall contain an estimate of the amortization period and the total expected debt service payable thereon until the bonds issued pursuant to such proposition are retired; relates to deposits to the tax stabilization reserve fund; provides that at least 10% of any surplus shall be used to pay down state debt.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to election law [A06416 Detail]

Bill Drafts

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Introduced2019-03-07HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York A06416

Supplemental Documents

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No supplemental documents for New York A06416 currently on file.

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