A2130-2011 Actions

• Jan 4, 2012: referred to local governments
• Jan 14, 2011: referred to local governments

A2130-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

      S. 1935                                                  A. 2130

                         2011-2012 Regular Sessions

                        SENATE - ASSEMBLY

                              January 14, 2011
                                 ___________

  IN  SENATE -- Introduced by Sens. LAVALLE, DeFRANCISCO, JOHNSON, LARKIN,
    RANZENHOFER -- read twice and ordered printed, and when printed to  be
    committed to the Committee on Local Government

  IN  ASSEMBLY  --  Introduced  by  M.  of A. ENGLEBRIGHT -- read once and
    referred to the Committee on Local Governments

  AN ACT to amend the general municipal law, in relation to  the  employee
    benefit accrued liability reserve fund

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. Section 6-p of the general  municipal  law  is  amended  by
  adding a new subdivision 10 to read as follows:

    10.  IF  AFTER  AUDIT  AND CERTIFICATION BY THE STATE COMPTROLLER THAT
  THERE ARE FUNDS IN EXCESS OF  THOSE  REQUIRED  TO  SATISFY  LIABILITIES,
  THOSE  EXCESS  FUNDS  MAY  BE  TRANSFERRED  TO  THE GENERAL FUND FOR THE
  PURPOSE OF REAL PROPERTY TAX REDUCTION  AND/OR  VOTER  APPROVED  CAPITAL
  PROJECTS.
    S 2. This act shall take effect immediately.





   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD06555-01-1