Bill Text: NY S08231 | 2015-2016 | General Assembly | Introduced

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Bill Title: Relates to the financing and construction of facilities by the dormitory authority for Summit Educational Resources, Inc.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-12-23 - REFERRED TO RULES [S08231 Detail]

Download: New_York-2015-S08231-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          8231
                    IN SENATE
                                    December 23, 2016
                                       ___________
        Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
          when printed to be committed to the Committee on Rules
        AN ACT to amend the public authorities law, in relation to the financing
          and construction of facilities by the dormitory authority  for  Summit
          Educational Resources, Inc.
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The undesignated paragraph of paragraph (b) of  subdivision
     2  2  of  section  1676 of the public authorities law, as added by  chapter
     3  431 of the laws of 2016, is amended to read as follows:
     4    Summit Educational [Resource] Resources, Inc.[, of Western New  York],
     5  a  not-for-profit  organization,  for  the acquisition, financing and/or
     6  refinancing, design, construction, renovation, reconstruction,  develop-
     7  ment,  improvement, furnishing, expansion and/or equipping of a facility
     8  or facilities and necessary ancillary and related facilities.
     9    § 2. The undesignated paragraph of subdivision 1 of  section  1680  of
    10  the public authorities law, as added by chapter 431 of the laws of 2016,
    11  is amended to read as follows:
    12    Summit  Educational [Resource] Resources, Inc.[, of Western New York],
    13  a not-for-profit organization, for  the  acquisition,  financing  and/or
    14  refinancing,  design, construction, renovation, reconstruction, develop-
    15  ment, improvement, furnishing, expansion and/or equipping of a  facility
    16  or facilities and necessary ancillary and related facilities.
    17    §  3.  This  act  shall  take  effect on the same date and in the same
    18  manner as chapter 431 of the laws of 2016 took effect.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13262-03-6