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History
- Referred to corporations, authorities and commissions
Companion bill
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Enables the Honest Weight Food Co-Op to enter into contracts with the state dormitory authority for financing and construction within the city of Albany
In Assembly Committee · Ways And Means · Sponsor John McEneny
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6191
Title of bill
An act to amend the public authorities law, in relation to the financing and construction of certain facilities for the Honest Weight Community Initiative Inc. (Honest Weight Food Co-Op)
Purpose or general idea of bill
To enable the Honest Weight Community Initiative Inc. to obtain funding and enter into contacts through the dormitory authority for the acquisition, financing, refinancing, design construction, improvement, renovation, or otherwise providing for facilities within the City of Albany.
Summary of specific provisions
Section 1 amends paragraph (b) of subdivision 2 of section 1676 of the public authorities law is amended by adding a new undesignated subparagraph to include the Honest Weight Community Initiative Inc.
Section 2 amends subdivision 1 of section 1680 of the public authorities law by adding a new undesignated paragraph to include the Honest Weight Community Initiative Inc.
Section 3 provides that any contracts entered into by the dormitory authority pursuant to this act shall be deemed to be state contracts.
Section 4 provides that this act shall take effect immediately.
Justification
The Honest Weight Community Initiative Inc. (Honest Weight Food Co-Op) is a not-for-profit organization formed to help the Honest Weight Food Co-op grow and move into a new and larger facility in Albany. Inclusion with the funding apparatus of the Dormitory Authority will significantly enhance the organization's ability to ensure its goals.
Prior legislative history
New bill.
Fiscal implications
None to the State.
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.