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NY S03143

Bill

Official Source

Status

Engrossed

6/7/2017

Primary Sponsor

Michael Ranzenhofer

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Exempts the Rochester-Genesee Regional Transportation Authority (RGRTA) from bond issuance charges under Public Authorities Law Section 2976

  • Amends subdivision 4 of section 2976 to exclude RGRTA bonds from provisions that would otherwise apply charges to bond issuance

  • Directs RGRTA to use resulting savings for maintenance and operations to prevent further service cuts for mass transit riders in the Rochester-Genesee region

  • Takes effect immediately upon enactment

Legislative Description

Relates to exempting the Rochester-Genesee Regional Transportation Authority from bond issuance charges.

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 Commissions6/7/2017
Finance3/15/2017
Corporations, Authorities and Commissions1/19/2017

Full Bill Text

No bill text available