Senate Bill S4865

Signed By Governor
2015-2016 Legislative Session

Relates to leasing of real property

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A7631 - Signed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-S4865 (ACTIVE) - Details

See Assembly Version of this Bill:
A7631
Law Section:
State Finance
Laws Affected:
Amd §27, Chap 95 of 2000

2015-S4865 (ACTIVE) - Summary

Relates to leasing of real property, in relation to extending the effectiveness thereof.

2015-S4865 (ACTIVE) - Sponsor Memo

2015-S4865 (ACTIVE) - Bill Text download pdf

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

                                  4865

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                             April 22, 2015
                               ___________

Introduced  by  Sen.  MARCELLINO -- (at request of the Office of General
  Services) -- read twice and ordered printed, and when  printed  to  be
  committed to the Committee on Finance

AN  ACT  to  amend  chapter  95  of  the laws of 2000 amending the state
  finance law, the general municipal law, the public buildings  law  and
  other  laws  relating  to  bonds,  notes  and revenues, 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:

  Section  1.  Subdivision  4 of section 27 of chapter 95 of the laws of
2000 amending the state finance law,  the  general  municipal  law,  the
public  buildings law and other laws relating to bonds, notes and reven-
ues, as amended by chapter 141 of the laws of 2010, is amended  to  read
as follows:
  4.  Section  seventeen of this act shall take effect July 1, 2000, and
shall expire on June 30, [2015] 2020; provided, however, that any  lease
entered  into  for  a  term  greater than ten years during the effective
period of this section shall continue in  full  force  and  effect,  and
provided  that  upon  the expiration of such section the commissioner of
general services shall continue to be empowered  to  enter  into  leases
having terms not exceeding ten years.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09512-01-5


              

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