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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to corporations, authorities and commissions
- Delivered to assembly
- Passed senateVote 59–1
- Ordered to third reading cal.1212
- Committee discharged and committed to rules
- Referred to corporations, authorities and commissions
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 exempting the metropolitan transportation authority from bond issuance charges
In Assembly Committee · Corporations, Authorities And Commissions · Sponsor Michael Cusick
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6432
Title of bill
An act to amend the public authorities law, in relation to exempting the metropolitan transportation authority from bond issuance charges
Purpose
To exempt the MTA from bond issuance fees required under current law.
Justification
Recent fare and toll increases are adversely impacting the budgets working men and women. This proposal will reduce the cost of doing business for the MTA, and in turn, reduce in part, the need for future increases in the near future.
Legislative history
New bill.
Fiscal implications
Savings to be determined.
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.