Loading chat...

NY S07501

Bill

Official Source

Status

Passed

6/29/2012

Primary Sponsor

Martin Golden

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Extends deadline for New York City bond and note sales from June 30, 2012 to June 30, 2013
  • Extends deadline for NYC refunding bonds from June 30, 2012 to July 1, 2013
  • Extends deadline for NYC financing of objects or purposes by bond issuance from June 30, 2012 to July 1, 2013
  • Extends deadline for NYC variable rate bonds and notes issuance from July 15, 2012 to July 15, 2013
  • Extends state pledge and agreement deadline for NYC bond and note issuance from July 1, 2012 to July 1, 2013, with state waiving sovereign immunity rights for bondholders to enforce compliance

Legislative Description

Relates to the sale of bonds, the down payment for projects financed by bonds, variable rate debt and interest rate exchange agreements of the city of New York.

Last Action

SIGNED CHAP.89

6/29/2012

Committee Referrals

Ways and Means6/14/2012
Local Government5/30/2012

Full Bill Text

No bill text available