Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 05, 2010 |
referred to environmental conservation |
Senate Bill S7010
2009-2010 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Environmental Conservation Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
(R, C, IP) Senate District
2009-S7010 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10135
- Current Committee:
- Senate Environmental Conservation
- Law Section:
- Environmental Conservation Law
- Laws Affected:
- Amd ยง15-2141, En Con L
- Versions Introduced in 2011-2012 Legislative Session:
-
S2979, A4520
2009-S7010 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7010 TITLE OF BILL : An act to amend the environmental conservation law, in relation to inter-fund advances by river regulating districts PURPOSE : To specifically authorize the Hudson River-Black River Regulating District to temporarily advance monies between funds, thereby enabling the District to pay the real property taxes it currently owes to local school districts. SUMMARY OF PROVISIONS : This bill adds a new subdivision 3 to Section 15-2141 of the Environmental Conservation Law. This new subdivision authorizes the Hudson River-Black River Regulating District to temporarily advance monies held in any fund to any other fund of the district. It also provides that such transfers shall be authorized by resolution of the Board and approved by the State Comptroller. The bill further provides that such moneys shall be repaid as soon as available (but in no event later than the close of the next succeeding budget cycle), and that such amount shall include an amount reasonably estimated to be the additional amount that would have been earned on the investment of such moneys had the advance not been made. EXISTING LAW : Current law is devoid of specific authority permitting the advance of monies from one fund of a regulating district to another fund maintained by that same regulating district.
2009-S7010 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 7010 A. 10135 S E N A T E - A S S E M B L Y March 5, 2010 ___________ IN SENATE -- Introduced by Sens. FARLEY, LITTLE -- read twice and ordered printed, and when printed to be committed to the Committee on Environmental Conservation IN ASSEMBLY -- Introduced by M. of A. BUTLER, SAYWARD -- read once and referred to the Committee on Environmental Conservation AN ACT to amend the environmental conservation law, in relation to inter-fund advances by river regulating districts THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 15-2141 of the environmental conservation law, subdivision 2 as amended by chapter 55 of the laws of 1992, is amended to read as follows: S 15-2141. Hudson River Regulating District and Black River Regulating District: funds of the board. 1. Notwithstanding the consolidation of the Hudson River Regulating District and the Black River Regulating District into a single district, effectuated by this title, or any other provision of THIS title [21 of this article], moneys constituting the respective "general fund" or "debt service fund" or other fund or funds of either the Hudson River Regulating Board or District or the Black River Regulating Board or District, shall remain and be kept separate and apart and shall be applied for the cost of maintenance and operation in the area of the appropriate district and to pay the debts and obligations of the appro- priate board or district, on whose account such moneys were received. 2. Notwithstanding any provision of sections 15-2137 and 15-2139 or any other provision of THIS title [21 of this article], all moneys here- after received by the Hudson River-Black River Regulating District and its board, as consolidated, by reason of assessments or from the sale of obligations issued or from other source, all for the purposes of the respective areas heretofore comprising the Hudson River Regulating District or the Black River Regulating District, shall be kept separate and apart and shall constitute "general funds" and "debt service funds" and other fund or funds with the same force and effect as funds hereto- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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