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NY A10074

Bill

Official Source

Status

Passed

8/24/2018

Primary Sponsor

Crystal Peoples-Stokes

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends Public Authorities Law Section 1187, Subdivision 1 regarding the Buffalo Sewer Authority's bonding authority
  • Increases the maximum aggregate amount of bonds the authority may issue and keep outstanding at any one time from $125 million to $250 million
  • Excludes from this limit bonds or notes backed by U.S. government obligations or securities held in trust for payment and redemption
  • Takes effect immediately upon enactment
  • Introduced March 14, 2018 by M. of A. Peoples-Stokes and referred to the Committee on Corporations, Authorities and Commissions

Legislative Description

Relates to Buffalo sewer authority bonds, increasing the total amount of bonds which may be issued and outstanding at one time.

Last Action

signed chap.244

8/24/2018

Committee Referrals

Rules6/19/2018
Rules6/11/2018
Ways and Means6/7/2018
Corporations, Authorities and Commissions3/14/2018

Full Bill Text

No bill text available