Loading chat...

NY S07679

Bill

Official Source

Status

Introduced

4/30/2010

Primary Sponsor

Pedro Espada

Click for details

Origin

Senate

2009-2010 General Assembly

AI Summary

  • Amends Public Authorities Law Section 2976 to exempt the New York City Housing Development Corporation from the state bond issuance charge that applies to other public benefit corporations
  • Removes the NYC Housing Development Corporation from the list of entities required to pay the charge to the state Department of Taxation and Finance within 15 days of bond issuance
  • Includes a severability clause ensuring the act remains valid if any provision is found invalid by a court
  • Takes effect immediately upon enactment

Legislative Description

Exempts the NYC Housing Development Corporation from the state bond issuance charge.

Last Action

REPORTED AND COMMITTED TO RULES

6/16/2010

Committee Referrals

Rules6/16/2010
Corporations, Authorities and Commissions4/30/2010

Full Bill Text

No bill text available