Bill Text: NY S04972 | 2013-2014 | General Assembly | Introduced


Bill Title: Extends provisions relating to period of probable usefulness of certain judgments, compromised claims or settled claims.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2013-06-20 - SUBSTITUTED BY A7099 [S04972 Detail]

Download: New_York-2013-S04972-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4972
                              2013-2014 Regular Sessions
                                   I N  S E N A T E
                                      May 2, 2013
                                      ___________
       Introduced  by  Sen. MARTINS -- read twice and ordered printed, and when
         printed to be committed to the Committee on Local Government
       AN ACT to amend chapter 719 of the  laws  of  1980  amending  the  local
         finance  law  relating to the period of probable usefulness of certain
         judgments, compromised  claims  or  settled  claims,  in  relation  to
         extending the provisions of such chapter
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 2 of chapter 719 of the laws of 1980  amending  the
    2  local  finance  law  relating  to  the  period of probable usefulness of
    3  certain judgments, compromised claims or settled claims, as  amended  by
    4  chapter 122 of the laws of 2008, is amended to read as follows:
    5    S  2.  This  act  shall  take effect immediately and the provisions of
    6  section one of this act shall remain in force and effect to and  includ-
    7  ing June 15, [2013] 2018.
    8    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10668-01-3
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