Bill Title: Extends, until September 30, 2014, certain provisions of the Local Finance Law which provides for issuance of a single statutory installment bond by a borrower for the full principal amount, not to exceed one million dollars, if the issue is sold at private sale or in any amount if the bonds are issued and sold to the United States or any agency thereof; provides such bonds be issued utilizing a fixed interest; continues EFC's existing exemption from the one million dollar principal cap limitation and permits municipal or public benefit corporation borrowers to continue to issue and sell statutory installment bonds in an amount not to exceed twenty million dollars to EFC.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2011-06-08 - SIGNED CHAP.69 [S03917 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2011-05-25	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for New York S03917

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for New York S03917 currently on file.

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