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S7773Senate2015-2016 SessionSame asA10148

Relates to the period of probable usefulness for the acquisition of land or permanent rights on land in the town of Riverhead

Sponsor Kenneth P. LaValleSD-1Affects Local Government
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
Kenneth P. LaValle

Senator · Senate District 1

Chair, Higher Education

No co-sponsors yet.

History

  1. Signed chap.384
  2. Delivered to governor
  3. Returned to senate
  4. Passed assembly
  5. Home rule request
  6. Ordered to third reading rules cal.367
  7. Substituted for A10148
  8. Referred to local governments
  9. Delivered to assembly
  10. Passed senateVote 60–0
  11. Advanced to third reading
  12. 2nd report cal.
Show 2 earlier actions
  1. 1st report cal.1306
  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.

A10148Assembly

Relates to the period of probable usefulness for the acquisition of land or permanent rights on land in the town of Riverhead

Assembly Floor Calendar · Sponsor Fred Thiele

Full text

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

Sponsor's memo

Title of bill

An act to amend part FF of chapter 54 of the laws of 2016 authorizing the town of Riverhead, county of Suffolk to refund bonds previously issued for the acquisition of land for permanent rights on land, in relation to the period of probable usefulness for the acquisition of land or permanent rights on land

Purpose

Chapter amendment to Part FF of Chapter 54 of the Laws of 2016 authorizing the Town of Riverhead to refund bonds previously issued between 2000-2008 for the acquisition of land for permanent rights on land for a period of probable usefulness of 40 years.

Summary of provisions

Section 1. Amends Section 3 of part FF of the Laws of 2016 authorizing the Town of Riverhead, county of Suffolk to refund bonds previously issued for the acquisition of land for permanent rights on land, in relation to providing for a period of probable usefulness of 40 years for the acquisition of land or permanent rights on land.

Section 2. Effective Date

Justification

Changes from 50 to 40 years the period of probable usefulness for the acquisition of land or permanent rights on land for the purposes of the Town of Riverhead to refund bonds previously issued between 2000-2008.

Legislative history

2016: New Legislation

Fiscal implications

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.