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Who cares
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Sponsors
Senator · Senate District 42
No co-sponsors yet.
History
- Substituted by A10523
- Ordered to third reading cal.1286
- Committee discharged and committed to rules
- Referred to local government
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 validating certain acts of the village of Ellenville with respect to certain obligations
Signed by Governor · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7505
Title of bill
An act making findings and determinations with respect to obligations heretofore issued by the village of Ellenville, Ulster county, New York validating and legalizing same and authorizing the issue of obligations of said village with respect thereto
Purpose
To allow the Village of Ellenville in Ulster County to continue to issue bonds or bond anticipation renewal notes for sewer system improvements.
Summary of provisions
Section 1 - Legislative findings.
Section 2 - Authorizes the issuance of bonds or bond renewal notes for sewer system improvements, including financing through the New York State Environmental Facilities Corporation.
Section 3 - Provides that obligations of this act shall be issued in accordance with local finance law.
Section 4 - Provides that if any portion of the act is judged to be invalid, such judgment will only affect said portion of the act.
Section 5 - Effective date.
Justification
This bill has been requested by the Village of Ellenville to ensure that the Village will be able to continue making capital improvements to its wastewater system through the issuance of bonds or bond anticipation renewal notes.
Legislative history
New bill.
Fiscal implications
None to 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.