Bill S5014-2013

Extends provisions of law relating to the bonding authority by the dormitory authority for the New York state rehabilitation association

Extends provisions of law relating to the bonding authority by the dormitory authority for the New York state rehabilitation association.

Details

Actions

  • Jul 31, 2013: SIGNED CHAP.278
  • Jul 19, 2013: DELIVERED TO GOVERNOR
  • Jun 12, 2013: returned to senate
  • Jun 12, 2013: passed assembly
  • Jun 12, 2013: ordered to third reading rules cal.153
  • Jun 12, 2013: substituted for a7246
  • Jun 11, 2013: referred to ways and means
  • Jun 11, 2013: DELIVERED TO ASSEMBLY
  • Jun 11, 2013: PASSED SENATE
  • Jun 10, 2013: ADVANCED TO THIRD READING
  • Jun 5, 2013: 2ND REPORT CAL.
  • Jun 4, 2013: 1ST REPORT CAL.1108
  • May 6, 2013: REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Meetings

Calendars

Votes

VOTE: COMMITTEE VOTE: - Corporations, Authorities and Commissions - Jun 4, 2013
Ayes (6): Ranzenhofer, Flanagan, Larkin, Martins, Perkins, Squadron

Memo

BILL NUMBER:S5014

TITLE OF BILL: An act amending chapter 371 of the laws of 1998, amending the public authorities law relating to the construction and financing of facilities by the dormitory authority for the New York State Rehabilitation Association, in relation to extending the expiration and repeal of such provisions

PURPOSE:

This legislation would extend the New York State Rehabilitation Association's access to financing through the Dormitory Authority for another five years until December 31, 2018.

SUMMARY OF PROVISIONS:

Sections 1. Extends the sunset clause of chapter 371 of the laws of 1998 until December 31, 2018.

Section 2. Effective date.

JUSTIFICATION:

In 1998 legislation was enacted authorizing the New York State Dormitory Authority to provide financing for construction and reconstruction of educational, administrative, and residential facilities operated by not-for-profit members of the New York State Rehabilitation Association. Previously, access to financing had been limited due to the relative small size of agencies providing services to people with disabilities. The need for financing through the Dormitory Authority is ongoing, and this legislation would extend the sunset clause through December 31, 2018.

LEGISLATIVE HISTORY:

New bill.

FISCAL IMPLICATIONS:

None to state.

EFFECTIVE DATE:

Immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 5014 2013-2014 Regular Sessions IN SENATE May 6, 2013 ___________
Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT amending chapter 371 of the laws of 1998, amending the public authorities law relating to the construction and financing of facili- ties by the dormitory authority for the New York State Rehabilitation Association, in relation to extending the expiration and repeal of such provisions THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 5 of chapter 371 of the laws of 1998, amending the public authorities law relating to the construction and financing of facilities by the dormitory authority for the New York State Rehabili- tation Association, as amended by chapter 272 of the laws of 2008, is amended to read as follows: S 5. This act shall take effect immediately and shall expire and be deemed repealed on December 31, [2013] 2018. S 2. This act shall take effect immediately.

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