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NY S00229

Bill

Official Source

Status

Engrossed

6/5/2017

Primary Sponsor

Martin Golden

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Amends Public Authorities Law Section 2976 to exempt the Metropolitan Transportation Authority from bond issuance charges
  • Extends exemption to the New York City Transit Authority and Triborough Bridge and Tunnel Authority
  • Exemption applies to bonds, notes, and other obligations issued by these authorities
  • Recovery Act bonds issued by the State of New York Municipal Bond Bank Agency remain exempt as previously established
  • Takes effect immediately upon enactment

Legislative Description

Exempts the metropolitan transportation authority from bond issuance charges otherwise required to be paid to the state.

Last Action

COMMITTED TO RULES

6/20/2018

Committee Referrals

Rules6/20/2018
Finance2/6/2018
Corporations, Authorities and Commissions1/3/2018
Corporations, Authorities and Commissions6/5/2017
Finance3/15/2017
Corporations, Authorities and Commissions1/4/2017

Full Bill Text

No bill text available