Bill Summary: A09665

• Creates the Seneca County Water and Sewer Authority as a public benefit corporation governed by a nine-member board appointed by the Seneca County Board of Supervisors chair and confirmed by the board.

• Grants the authority broad powers to acquire, construct, operate, and maintain water and sewerage facilities within Seneca County, including the ability to issue bonds, set rates, and enter into contracts with municipalities.

• Exempts the authority from state and local taxes, special assessments, and filing fees, though it may make voluntary payments in lieu of taxes to municipalities where it owns property.

• Establishes bondholder protections including the ability to appoint a trustee to enforce rights if the authority defaults on bond payments or violates agreements, with the state pledging not to limit the authority's rights until all bonds are paid.

• Takes effect immediately upon enactment, requiring the board of supervisors chair to file a certificate with the Secretary of State within one year listing board members and their terms, or the authority will be dissolved.