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A01059 Text:

                STATE OF NEW YORK
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    January 10, 2017
        Introduced by M. of A. GALEF, McDONALD -- Multi-Sponsored by -- M. of A.
          PAULIN -- read once and referred to the Committee on Local Governments
        AN  ACT  to  amend  the  general municipal law, in relation to exempting
          certain capital projects undertaken by  a  municipality  jointly  with
          another municipal corporation from the spending tax cap

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 3-c of the general  municipal  law  is  amended  by
     2  adding a new subdivision 8 to read as follows:
     3    8.  The  provisions  of  this  section  shall not apply to any capital
     4  project undertaken by a local government jointly with another  municipal
     5  corporation.
     6    §  2.  This act shall take effect immediately; provided, however, that
     7  the amendment to section 3-c  of  the  general  municipal  law  made  by
     8  section  one of this act shall not affect the repeal of such section and
     9  shall be deemed to repeal therewith.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
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