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NY A05245

Bill

Official Source

Status

Passed

11/28/2016

Primary Sponsor

Fred Thiele

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends the Local Finance Law to add a new subdivision allowing for the issuance of bonds for East Hampton Airport construction, reconstruction, or extension projects
  • Permits bonds to finance airport buildings, hangars, runways, taxi-strips, paved areas, grading, filling, drainage, site work, and original furnishings, equipment, machinery, or apparatus with a 30-year repayment period
  • Authorizes bonds for the acquisition or replacement of airport equipment, machinery, or apparatus with a 30-year repayment period
  • Takes effect immediately upon enactment

Legislative Description

Relates to the issuance of bonds to finance airport improvements at the East Hampton Airport for a period not to exceed 30 years.

Last Action

approval memo.12

11/29/2016

Committee Referrals

Rules6/14/2016
Rules6/8/2016
Ways and Means5/23/2016
Local Governments2/13/2015

Full Bill Text

No bill text available