Loading chat...

NY S07773

Bill

Official Source

Status

Passed

9/29/2016

Primary Sponsor

Kenneth LaValle

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Amends part FF of chapter 54 of the laws of 2016 to modify the period of probable usefulness for land acquisition financing in the town of Riverhead, Suffolk County

  • Reduces the allowable financing period from fifty years to forty years for acquisition of land or permanent rights on land under section 64-e of the town law

  • Applies only to bonds referenced in the original authorization and requires compliance with the act

  • Takes effect immediately upon enactment

Legislative Description

Relates to the period of probable usefulness for the acquisition of land or permanent rights on land in the town of Riverhead, county of Suffolk.

Last Action

SIGNED CHAP.384

9/29/2016

Committee Referrals

Local Governments6/8/2016
Local Government5/12/2016

Full Bill Text

No bill text available