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S7925Senate2009-2010 SessionSame asA11174

Extends provision of law relating to multiple dwellings and the game of quick draw and relates to certain funds and accounts, and deposits and transfers

Sponsor Rules CommitteeAffects Finance
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
Rules Committee

No co-sponsors yet.

History

  1. Signed chap.89
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Message of necessity - 3 day message
  6. Ordered to third reading rules cal.53
  7. Substituted for A11174
  8. Referred to ways and means
  9. Delivered to assembly
  10. Passed senateVote 34–24
  11. Message of necessity - 3 day message
  12. Motion to amend lost
Show 4 earlier actions
  1. Motion to amend lost
  2. Ordered to third reading cal.608
  3. Reported and committed to rules
  4. Referred to finance

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.

A11174Assembly

Extends provision of law relating to multiple dwellings and the game of quick draw and relates to certain funds and accounts, and deposits and transfers

Assembly Floor Calendar

Full text

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

Sponsor's memo

Title of bill

An act to amend chapter 405 of the laws of 1999 amending the real property tax law relating to improving the administration of the school tax relief (STAR) program, in relation to the lottery game of Quick Draw; to amend chapter 349 of the laws of 1982 amending the multiple dwelling law relating to legalization of interim multiple dwellings in cities over one million, in relation to the effectiveness thereof; to amend the multiple dwelling law, in relation to owner obligations; in relation to providing for the administration of certain funds and accounts relating to the 2010-2011 budget; and to amend the private housing finance law, in relation to authorizing certain deposits and transfers

Purpose

This bill contains provisions that are necessary to ensure the continuation of various programs and fiscal management for the 2010-11 State Fiscal Year.

Summary of provisions

This bill would:

Extend the authorization for the Division of the Lottery to operate the Quick Draw Lottery game through June 18, 2010. The Lottery's authorization to operate Quick Draw currently expires on May 31, 2010;

Extend the interim dwellings or "Lofts Law" provisions for residences in buildings previously zoned for commercial use in New York City until June 18,2010;

Authorize the New York Power Authority to deposit $65 million in unrestricted resources to the General Fund; and

Authorize a deposit from the Housing Finance Agency to deposit funds to the General Fund in an amount to be agreed upon with the Director of the Budget.

Statement in support and budgetary implications

This bill is necessary to continue the existence of Quick Draw - the extension would preserve $6 million in revenue to support education. Further, this bill ensures continued authorization for the Lofts Law. Additionally, the deposits authorized in this bill are necessary to assist the State in meeting its fiscal obligations.

Effective date

Immediately.

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