Loading chat...

NY S08087

Bill

Official Source

Status

Engrossed

6/15/2016

Primary Sponsor

John DeFrancisco

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Exempts the Central New York Regional Transportation Authority (CNYRTA) from bond issuance charges under Public Authorities Law Section 2976, subdivisions one and two
  • Allows CNYRTA to retain savings from the exemption for maintenance, operations, and to prevent service cuts to mass transit riders in central New York
  • Modifies existing law to add CNYRTA bonds to the list of bonds exempted from issuance charges, alongside recovery act bonds issued by the State Municipal Bond Bank Agency
  • Takes effect immediately upon enactment

Legislative Description

Relates to exempting the central New York regional transportation authority (CNYRTA) from bond issuance charges.

Last Action

referred to corporations, authorities and commissions

6/15/2016

Committee Referrals

Corporations, Authorities and Commissions6/15/2016
Rules6/10/2016

Full Bill Text

No bill text available