Bill Text: NY S05295 | 2017-2018 | General Assembly | Introduced

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Bill Title: Relates to refunding bonds and extending the provisions thereof.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-05-15 - SUBSTITUTED BY A6507 [S05295 Detail]

Download: New_York-2017-S05295-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          5295
                               2017-2018 Regular Sessions
                    IN SENATE
                                     March 20, 2017
                                       ___________
        Introduced  by  Sen.  RANZENHOFER  --  (at  request of the Environmental
          Facilities Corporation) -- read twice and ordered  printed,  and  when
          printed to be committed to the Committee on Local Government
        AN  ACT  to  amend  chapter  629  of the laws of 2005 amending the local
          finance law relating to refunding bonds, in relation to extending  the
          effectiveness thereof
          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 629 of the laws of 2005  amending  the
     2  local finance law relating to refunding bonds, as amended by chapter 158
     3  of the laws of 2014, is amended to read as follows:
     4    §  2.  This  act shall take effect immediately and shall expire and be
     5  deemed repealed September 30, [2017] 2020.
     6    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09933-01-7