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NY A09690

Bill

Status

Introduced

4/3/2024

Primary Sponsor

Brian Maher

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Extends the deadline for the Village of Washingtonville, Orange County to issue serial bonds from November 30, 2024 to June 30, 2025

  • Maintains the maximum aggregate principal amount of bonds authorized at $4,500,000

  • Changes the deficit calculation date from May 31, 2023 to February 28, 2023 for determining accumulated deficits in the general fund, water fund, sewer fund, and capital projects fund

  • Allows the village to use bond proceeds to liquidate accumulated deficits and outstanding budget, deficiency, and revenue anticipation notes

  • Takes effect immediately upon enactment

Legislative Description

Amends the village of Washingtonville deficit financing act to extend the time frames for the issuance of certain bonds by the village of Washingtonville.

Last Action

substituted by s8725a

6/7/2024

Committee Referrals

Rules6/6/2024
Ways and Means6/5/2024
Local Governments4/3/2024

Full Bill Text

No bill text available