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A09958 Summary:

BILL NOA09958
 
SAME ASSAME AS S08931
 
SPONSORConrad
 
COSPNSRThiele
 
MLTSPNSR
 
Amd Art 8 §5, Constn
 
Excludes indebtedness for the construction of sewage facilities contracted prior to 2034 in determining current local debt limitation.
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A09958 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          9958
 
                   IN ASSEMBLY
 
                                     April 20, 2022
                                       ___________
 
        Introduced  by M. of A. CONRAD, THIELE -- (at request of the State Comp-
          troller) -- read once and referred to the Committee on  Local  Govern-
          ments
 
                    CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY
 
        proposing an amendment to section 5 of article 8 of the constitution, in
          relation to the exclusion of indebtedness contracted for sewage facil-
          ities

     1    Section  1.  Resolved  (if  the  Senate  concur),  That paragraph E of
     2  section 5 of article 8  of  the  constitution  be  amended  to  read  as
     3  follows:
     4    E. Indebtedness contracted on or after January first, nineteen hundred
     5  sixty-two  and  prior to January first, two thousand [twenty-four] thir-
     6  ty-four, for the construction or reconstruction of  facilities  for  the
     7  conveyance,  treatment  and  disposal  of  sewage. The legislature shall
     8  prescribe the method by which and the terms and conditions  under  which
     9  the  amount of any such indebtedness to be excluded shall be determined,
    10  and no such indebtedness shall be excluded  except  in  accordance  with
    11  such determination.
    12    §  2. RESOLVED (if the Senate concur), That the foregoing amendment be
    13  referred to the first regular legislative session  convening  after  the
    14  next  succeeding  general  election  of members of the assembly, and, in
    15  conformity with  section  1  of  article  19  of  the  constitution,  be
    16  published for 3 months previous to the time of such election.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD89180-02-2
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