Bill Text: NY S07747 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to establishing a period of probable usefulness for construction and improvement of the Ithaca Tompkins International Airport and for an above ground aircraft fuel farm located at the Ithaca Tompkins International Airport; establishes a thirty year period of probable usefulness for construction and a twenty-five year period of probable usefulness for the above ground aircraft fuel farm.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2020-02-13 - REFERRED TO LOCAL GOVERNMENT [S07747 Detail]
Download: New_York-2019-S07747-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 7747 IN SENATE February 13, 2020 ___________ Introduced by Sen. HELMING -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the local finance law, in relation to establishing a period of probable usefulness for airport construction and improvement of the Ithaca Tompkins International Airport The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph a of section 11.00 of the local finance law is 2 amended by adding a new subdivision 14-b to read as follows: 3 14-b. Airport construction and improvement of the Ithaca Tompkins 4 International Airport. The construction, reconstruction, or extension of 5 the Ithaca Tompkins International Airport, whether or not including 6 buildings, hangars, runways, taxi-strips, paved areas, perimeter fenc- 7 ing, grading, filling, drainage or other site work, thirty-years; the 8 acquisition and installation of an above ground aircraft fuel farm at 9 the Ithaca Tompkins International Airport, including connecting pipes, 10 valves, meters, pumps, concrete spill containment facilities, and appur- 11 tenant facilities, twenty-five years. 12 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14898-02-0