Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to cities |
Feb 25, 2013 |
referred to cities |
Assembly Bill A5405
2013-2014 Legislative Session
Sponsored By
BRENNAN
Archive: Last Bill Status - In Assembly 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
Felix Ortiz
Joan Millman
Vivian Cook
William Colton
multi-Sponsors
Peter Abbate
Richard Gottfried
Margaret Markey
Michael G. Miller
2013-A5405 (ACTIVE) - Details
2013-A5405 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5405 2013-2014 Regular Sessions I N A S S E M B L Y February 25, 2013 ___________ Introduced by M. of A. BRENNAN, ORTIZ, MILLMAN, COOK, COLTON, GIBSON, DenDEKKER, SCARBOROUGH -- Multi-Sponsored by -- M. of A. ABBATE, BARRON, GOTTFRIED, MARKEY, MILLER, TITONE -- read once and referred to the Committee on Cities AN ACT to amend the public authorities law, in relation to requiring the New York city water board to wait at least thirty days after the adoption of the New York city executive budget to establish the annual fees and charges for the use of the sewerage system and water system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 1045-j of the public authorities law, as added by chapter 513 of the laws of 1984, is amended to read as follows: 1. The water board shall establish, fix and revise, [from time to time,] NOT LESS THAN THIRTY DAYS AFTER THE ADOPTION OF THE EXECUTIVE BUDGET BY THE CITY, THE ANNUAL fees, rates, rents or other charges for the use of, or services furnished, rendered or made available by, the sewerage system or water system, or both, as the case may be, owned by the water board pursuant to this title in such amount at least suffi- cient at all times so as to provide funds in an amount sufficient together with other revenues available to the board, if any, (i) to pay to the authority, in accordance with any agreement with the authority, an amount sufficient for the purpose of paying the principal of and the interest on the outstanding notes or bonds of the authority as the same shall become due and payable and maintaining or funding a capital or debt service reserve fund therefor and, to the extent requested by the city in, or annually pursuant to, the agreement to pay to the city, in accordance with the agreement, an amount sufficient for the purpose of paying the principal of and interest on general obligation bonds thereof issued for or allocable to the water system or sewerage system or both, as the case may be, as the same shall become due and payable, and to EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09132-01-3
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