Bill Text: NY A03736 | 2017-2018 | General Assembly | Introduced

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Bill Title: Relates to debt limitation recommendations for state authorities.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2018-01-24 - enacting clause stricken [A03736 Detail]

Download: New_York-2017-A03736-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          3736
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    January 30, 2017
                                       ___________
        Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
          tee on Corporations, Authorities and Commissions
        AN  ACT to amend the public authorities law, in relation to debt limita-
          tion recommendations for state authorities
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Paragraph (m) of subdivision 1 of section 6 of the public
     2  authorities law, as added by chapter 506 of the laws of 2009, is amended
     3  to read as follows:
     4    (m) within one hundred eighty days of the effective date of the  chap-
     5  ter  of  the laws of two thousand seventeen that amended this paragraph,
     6  issue recommendations to the legislature and governor  on  setting  debt
     7  limitations for authorities without statutorily required debt limits;
     8    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07556-01-7