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A10332Assembly2017-2018 SessionSame asS8074

Extend NYSARC Bond Authority

Official title

“Extends the authority of the New York State Association for Retarded Children, Inc. to maintain bonds”

Sponsor Aileen GuntherAD-100Affects Economy
Status
Assembly Floor Calendar
Impact
3/10
Low
Outcome
Companion signed

Bill progress

Signed via S8074

What's happening

This bill extends the powers of NYSARC, Inc. under public authorities law until December 31, 2023.

Why it matters

  1. Extending NYSARC, Inc.'s powers under public authorities law means the organization can continue to access public financing tools and other benefits. which is especially important for supporting services for people with intellectual and developmental disabilities in New York.

  2. Maintaining these powers allows NYSARC, Inc. to enter into contracts through the Dormitory Authority. , which can help fund the construction, renovation, or improvement of facilities essential to their mission.

  3. By deeming these contracts as “state contracts” under Article 15-A of the executive law, the bill ensures that NYSARC, Inc. and its contractors remain subject to state requirements for minority- and women-owned business participation. , promoting diversity and equal opportunity in the use of public funds.

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Who cares

Headline styles

Extend NYSARC Bond Authority

Plain English, a few words. Used as the page title.

Sponsors

Primary sponsor
Aileen Gunther

Assembly Member · Assembly District 100

No co-sponsors yet.

History

  1. Substituted by S8074
  2. Ordered to third reading rules cal.59
  3. Rules report cal.59
  4. Reported
  5. Reported referred to rules
  6. Reported referred to ways and means
  7. 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.

S8074Senate

Extend NYSARC Bond Authority

Signed by Governor · Sponsor Robert Ortt

Impact 3 · LowSigned into law

Full text

1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

10332

IN ASSEMBLY

April 10, 2018

Introduced by M. of A. GUNTHER -- read once and referred to the Committee on Corporations, Authorities and Commissions

AN ACT to amend chapter 373 of the laws of 1998, amending the public authorities law relating to the powers of NYSARC, Inc., in relation to extending the provisions of such chapter

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

Section 1. Section 5 of chapter 373 of the laws of 1998, amending the public authorities law relating to the powers of NYSARC, Inc., as amended by chapter 26 of the laws of 2013, is amended to read as follows:

§ 5. This act shall take effect immediately and shall expire and be deemed repealed on December 31, [2018] 2023.

§ 2. Any contracts entered into by the dormitory authority pursuant to this act shall be deemed state contracts within the meaning of that term as set forth in article 15-A of the executive law, and the authority shall be deemed, for the purposes of this act, a contracting agency as that term is used in such article.

§ 3. This act shall take effect immediately.

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD15241-01-8

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.