Committee: RULES
Law Section: Public Authorities Law
Law Section: Public Authorities Law
S5843 Summary
Authorizes the dormitory authority to construct and finance certain facilities of the Convent of the Sacred Heart School of New York.S5843 Actions
S5843B - SIGNED CHAP.123 - Jun 15, 2010S5843B - DELIVERED TO GOVERNOR - Jun 4, 2010
S5843B - ORDERED TO THIRD READING CAL.902 - May 24, 2010
S5843B - PASSED ASSEMBLY - May 24, 2010
S5843B - RETURNED TO SENATE - May 24, 2010
S5843B - PASSED SENATE - May 18, 2010
S5843B - DELIVERED TO ASSEMBLY - May 18, 2010
S5843B - REFERRED TO WAYS AND MEANS - May 18, 2010
S5843B - ADVANCED TO THIRD READING - May 17, 2010
S5843B - 2ND REPORT CAL. - May 12, 2010
S5843B - 1ST REPORT CAL.522 - May 11, 2010
S5843B - REPORTED AND COMMITTED TO FINANCE - May 5, 2010
S5843B - AMEND AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS - Mar 24, 2010
S5843B - PRINT NUMBER 5843B - Mar 24, 2010
S5843B - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS - Jan 6, 2010
S5843A - AMEND AND RECOMMIT TO RULES - Jun 18, 2009
S5843A - PRINT NUMBER 5843A - Jun 18, 2009
S5843 - REFERRED TO RULES - Jun 11, 2009
S5843 Memo
BILL NUMBER: S5843
TITLE OF BILL : An act to amend the public authorities law, in relation to authorizing the dormitory authority to construct and finance certain facilities of the Convent of the Sacred Heart school in New York City
PURPOSE OR GENERAL IDEA OF BILL : To enable the Convent of the Sacred Heart School to apply for funding through the dormitory authority for the construction of an athletic facility.
JUSTIFICATION : In the past, Sacred Heart has accessed tax-exempt financing through the NYC Industrial Development Agency. This law lapsed as of January 30th, 2008 ending that avenue for funding. This legislation would allow the Sacred Heart Convent School to be added to the list of eligible institutions for which the Dormitory Authority of the State of New York may, at the Authority's discretion, issue tax exempt bonds for construction purposes.
EFFECTIVE DATE : Immediately.
S5843 Text
S T A T E O F N E W Y O R K5843
2009-2010 Regular Sessions I N SENATE June 11, 2009
Introduced by Sen. KRUEGER -- 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 authorizing the dormitory authority to construct and finance certain facilities of the Convent of the Sacred Heart school in New York City
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph (b) of subdivision 2 of section 1676 of the public authorities law is amended by adding a new undesignated paragraph to read as follows:
THE CONVENT OF THE SACRED HEART SCHOOL LOCATED IN NEW YORK CITY.
S 2. Subdivision 1 of section 1680 of the public authorities law is amended by adding a new undesignated paragraph to read as follows:
THE CONVENT OF THE SACRED HEART SCHOOL LOCATED IN NEW YORK CITY.
S 3. Any contracts entered into by the dormitory authority pursuant to this act shall be deemed state contracts within the meaning of that term as set forth in article 15-A of the executive law, and the authority shall be deemed, for the purposes of this act, a contracting agency as that term is used in such article.
S 4. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14221-01-9
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