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S5746Senate2009-2010 SessionSame asA8707

Validates, ratifies, and confirms expenditures made by the William Floyd union free school district

Sponsor Brian X. FoleySD-3Affects Education
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Brian X. Foley

Senator · Senate District 3

No co-sponsors yet.

History

  1. Signed chap.391
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.439
  6. Substituted for A8707
  7. Referred to education
  8. Delivered to assembly
  9. Passed senateVote 58–0
  10. Advanced to third reading
  11. 2nd report cal.
  12. 1st report cal.700
Show 5 earlier actions
  1. Referred to education
  2. Recommitted to rules
  3. Ordered to third reading cal.824
  4. Committee discharged and committed to rules
  5. Referred to education

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.

A8707Assembly

Validates, ratifies, and confirms expenditures made by the William Floyd union free school district

Assembly Floor Calendar · Sponsor Fred Thiele

Full text

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

Sponsor's memo

BILL NUMBER:S5746

Title of bill

An act to validate, ratify and confirm the expenditure, by the William Floyd union free school district of the Mastics-Moriches-Shirley, Suffolk county, New York, of proceeds from certain bonds issued by the district pursuant to certain bond resolutions adopted by such district

Purpose

To validate, ratify, and confirm certain prior expenditures of the District pursuant to three separate bond resolutions adopted by the District, thereby eliminating the deficits that presently appear in the District's Capital Projects Fund.

Summary of provisions

This bill validates, ratifies and confirms the prior expenditures of the proceeds of obligations issued pursuant to the bond resolutions adopted by the District on December 13, 1993, December 5, 1994 and December 16, 1999, notwithstanding that a portion of such obligations were issued for certain stated objects or purposes, as referred to in such bond resol- utions, and the proceeds were expended for different objects or purposes, which were authorized pursuant to the several bond resolutions referred herein.

Justification

Due to clerical errors, the District expended portions of the proceeds of obligations issued for certain stated objects of purposes for differ- ent objects or purposes; however, in no instance did the District expend more money than that which was approved by the voters at referendum. This act will allow the District to reallocate such expenditures, as needed, in the District's Capital Projects Fund to eliminate the deficit that appears therein.

Legislative history

New Bill.

Fiscal impact on the state

None.

Effective date

This act shall take effect immediately.

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