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A8694Assembly2009-2010 SessionSame asS5824

Authorizes certain dollars of aid and incentives to the city of Syracuse

Sponsor William MagnarelliAD-120Affects Finance
Status
Vetoed
Impact
Pending
Outcome
Vetoed

Bill progress

Vetoed

What's happening

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Who cares

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Sponsors

Primary sponsor
William Magnarelli

Assembly Member · Assembly District 120

Chair, Transportation

No co-sponsors yet.

History

  1. Tabled
  2. Vetoed memo.23
  3. Delivered to governor
  4. Returned to assembly
  5. Repassed senate
  6. Vote reconsidered - restored to third reading
  7. Passed senate
  8. 3rd reading cal.726
  9. Substituted for S5824
  10. Referred to rules
  11. Delivered to senate
  12. Passed assembly
Show 5 earlier actions
  1. Ordered to third reading rules cal.265
  2. Rules report cal.265
  3. Reported
  4. Reported referred to rules
  5. Referred to ways and means

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

S5824Senate

Authorizes certain dollars of aid and incentives to the city of Syracuse

Senate Floor Calendar · Sponsor David J. Valesky

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:A8694

Title of bill

An act in relation to authorizing certain dollars of aid and incentives for the city of Syracuse

Purpose or general idea of bill

To provide the City of Syracuse with $10 million in spin-up for fiscal year 2010-2011.

Summary of specific provisions

Sections 2 authorizes the payment of $10 million in aid and incentives for municipalities funding, due and payable to the City of Syracuse before March 31, to be paid on or before June 30 in the same fiscal year upon written request by the mayor of the City for the 20102011 fiscal year.

Section 2 establishes an effective date.

Justification

This bill, introduced at t)'e request of the City of Syracuse, would provide the City with $10 million it spin-up of funding. This bill will not increase the amount of aid and incentives for munici- palities (AIM) funding provided to the City of Syracuse. It merely accelerates the schedule of payments so that the City can better meet its fiscal requirements by synchronizing its budgetary needs with its state funding.

Prior legislative history

New Sill.

Fiscal implications

Provides the City of Syracuse with $10 million in spin-up AIM funding for fiscal year 2010-2011.

Effective date

Immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.