Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 22, 2014 |
signed chap.111 |
Jul 11, 2014 |
delivered to governor |
Jun 19, 2014 |
returned to assembly passed senate 3rd reading cal.745 substituted for s6987 |
Jun 19, 2014 |
substituted by a9035 |
May 19, 2014 |
advanced to third reading |
May 14, 2014 |
2nd report cal. |
May 13, 2014 |
1st report cal.745 |
Apr 11, 2014 |
referred to local government |
Senate Bill S6987
Signed By Governor2013-2014 Legislative Session
Sponsored By
(R, IP) Senate District
Archive: Last Bill Status Via A9035 - 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
Actions
Votes
2013-S6987 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9035
- Law Section:
- Local Finance
- Laws Affected:
- Amd §3, Chap 492 of 1993
2013-S6987 (ACTIVE) - Sponsor Memo
BILL NUMBER:S6987 TITLE OF BILL: An act to amend chapter 492 of the laws of 1993, amending the local finance law relating to installment loans and obligations evidencing installment loans, in relation to extending the effectiveness of such provisions Purpose of the Bill: The bill would extend for another three years, to September 30, 2017, the authority of municipalities to issue their bonds or notes evidencing installment loans from the Clean Water State Revolving Fund ("CWSRF") and the Drinking Water State Revolving Fund ("DWSRF") to the Environmental Facilities Corporation ("EFC"). Summary of Provisions: Section 1 of the bill would extend the "sunset" provision of Section 3 of Chapter 492 of the Laws of 1993, thereby extending until September 30, 2017 the provisions of Section 169.00 of the Local Finance Law ("LFL") authorizing municipalities to issue their bonds or notes evidencing installment loans to EFC in order to obtain financial assistance from the CWSRF and the DWSRF. Section 2 of the bill provides for an immediate effective date.
2013-S6987 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6987 I N S E N A T E April 11, 2014 ___________ Introduced by Sen. GRISANTI -- (at request of the Environmental Facili- ties Corporation) -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend chapter 492 of the laws of 1993, amending the local finance law relating to installment loans and obligations evidencing installment loans, in relation to extending the effectiveness of such provisions THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of chapter 492 of the laws of 1993, amending the local finance law relating to installment loans and obligations evidenc- ing installment loans, as amended by chapter 41 of the laws of 2011, is amended to read as follows: S 3. This act shall take effect immediately and shall remain in full force and effect until September 30, [2014] 2017, at which time it shall be deemed repealed. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13968-01-4
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