What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Signed chap.77
- Delivered to governor
- Returned to senate
- Passed assembly
- Home rule request
- Ordered to third reading rules cal.157
- Substituted for A7655
- Referred to cities
- Delivered to assembly
- Passed senateVote 61–0
- Home rule request
- Advanced to third reading
Show 3 earlier actions
- 2nd report cal.
- 1st report cal.217
- Referred to local government
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.
Relates to bonds and notes of the city of Yonkers
Assembly Floor Calendar · Sponsor J. Gary Pretlow
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the local finance law, in relation to bonds and notes of the city of Yonkers
Purpose
This bill extends for one year, the authority of the city of Yonkers to issue bonds and notes through negotiated sale.
Justification
The authorization for Yonkers to negotiate the private sale of its bonds or notes is vital to improving the city's financial stability and independence. The City's bonding authority will expire on June 30, 2009 unless it is extended one year.
The continuation of this power will allow more cost-effective financing for the city of Yonkers.
Legislative history
2008: S.6878 Passed Senate/A.9887 Passed Assembly. Signed Chapter 144 L. of 2008
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.