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S7585Senate2009-2010 Session

Authorizes the dormitory authority to construct and finance certain facilities of the town of Stony Point wastewater treatment facility

Sponsor Thomas P. MorahanSD-38Affects Economy
Status
In Senate Committee
Corporations, Authorities And Commissions
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Corporations, Authorities And Commissions

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Who cares

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Sponsors

Primary sponsor
Thomas P. Morahan

Senator · Senate District 38

No co-sponsors yet.

History

  1. Referred to corporations, authorities and commissions

Full text

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

Sponsor's memo

Title of bill

An act to amend the public authorities law, in relation to authorizing the dormitory authority to construct and finance certain facilities of the town of Stony Point wastewater treatment facility

Purpose

To enable the town of Stony Point to apply for funding through the dormitory authority to construct and finance certain facilities of the town of Stony Point wastewater treatment facility.

Summary of provisions

Section 1 adds a new paragraph (b) to subdivision 2 of Section 1676 of the Public Authorities Law.

Section 2 adds a new paragraph to subdivision 1 of section 1680 of the Public Authorities Law.

Justification

This legislation would allow the, town of Stony Point to be added to the list of eligible institutions for which the Dormitory Authority of the State of New York may, at the Authority's discretion, issue tax exempt bonds to construct and finance certain facilities at the wastewater treatment facility.

LEGISLATIVE HISTORY

2010 - New bill.

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.