Loading chat...

NY S03690

Bill

Official Source

Status

Introduced

2/13/2015

Primary Sponsor

Kenneth LaValle

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends section 11.00 of the local finance law to add a new subdivision 14-a authorizing bond issuance for East Hampton Airport improvements
  • Permits financing for construction, reconstruction, or extension of the East Hampton Airport including buildings, hangars, runways, taxi-strips, paved areas, grading, filling, drainage, and site work for up to 30 years
  • Authorizes acquisition or replacement of equipment, machinery, and apparatus at the airport with a 30-year bond 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

SUBSTITUTED BY A5245

6/16/2016

Committee Referrals

Rules6/16/2016
Local Government2/13/2015

Full Bill Text

No bill text available