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S4989Senate2015-2016 SessionSame asA7325

Relates to the audit and payment of claims by the Chemung county library district

Sponsor Thomas F. O'MaraSD-58Affects Finance
Status
Vetoed
Impact
Pending
Outcome
Vetoed

Bill progress

Vetoed

What's happening

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Who cares

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Sponsors

Primary sponsor
Thomas F. O'Mara

Senator · Senate District 58

Chair, Environmental Conservation

No co-sponsors yet.

History

  1. Vetoed memo.296
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Ordered to third reading rules cal.736
  6. Substituted for A7325A
  7. Referred to ways and means
  8. Delivered to assembly
  9. Passed senateVote 63–0
  10. Ordered to third reading cal.1710
  11. Committee discharged and committed to rules
  12. Print number 4989a
Show 2 earlier actions
  1. Amend (t) and recommit to local government
  2. 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.

A7325Assembly

Relates to the audit and payment of claims by the Chemung county library district

Assembly Floor Calendar · Sponsor Christopher Friend

Full text

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

Sponsor's memo

BILL NUMBER:S4989A

Title of bill

An act to amend chapter 380 of the laws of 2005 relating to establishing the Chemung county library district, in relation to the audit and payment of claims by such library district; and providing for the repeal of such provisions upon expiration thereof

Purpose

To amend Subdivision 6 of section 4 of chapter 380 of the laws of 2005 to designate the treasurer of the Chemung county library district custodian of all funds, including gifts and trust fund, paid over to the trustees.

Summary of provisions

Subdivision 6 of section 4 of chapter 380 of the laws of 2005 is amended to allow for the treasurer of the Chemung county library district to invest funds of the district, in a similar manner to that which a school district would invest.

Section 1 designates the treasurer of the Chemung county library district as custodian of all funds the trustees receive,. It also allows for investments of these funds in a manner similar to how a school district would invest. In addition, it provides for a model of funds distribution among the libraries in the district.

Section 2 provides the effective date, and for this legislation to be repealed three years after it has taken effect.

Existing law

Chapter 380 of the laws of 2005

Justification

Libraries are an important part of New York State, this piece of legislation will enable the Chemung county library district to ensure its future without needing an increase in state funding.

Legislative history

New Bill.

Fiscal implications

None.

Local 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.