NY State Senate Bill 2013-S7584A

Senate Bill S7584A

2013-2014 Legislative Session

Provides that the period of probable usefulness of the installation or reconstruction of a boiler system is 15 years for purposes of local financing

download bill text pdf

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

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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jun 17, 2014	referred to local governments delivered to assembly passed senate
Jun 10, 2014	advanced to third reading
Jun 09, 2014	2nd report cal. amended 7584a
Jun 03, 2014	1st report cal.1173
May 15, 2014	referred to local government

Votes

- Jun 17, 2014 - Floor Vote
  S7584A
  
  57
  
  Aye
  
  1
  
  Nay
  
  0
  
  Absent
  
  3
  
  Excused
  
  0
  
  Abstained
  - - Floor Vote: Jun 17, 2014
      
      aye (57)
      
      Addabbo Jr.
      
      Avella
      
      Bonacic
      
      Boyle
      
      Breslin
      
      Carlucci
      
      DeFrancisco
      
      Diaz
      
      Dilan
      
      Espaillat
      
      Farley
      
      Felder
      
      Flanagan
      
      Gallivan
      
      Gianaris
      
      Gipson
      
      Griffo
      
      Grisanti
      
      Hannon
      
      Hoylman-Sigal
      
      Kennedy
      
      Klein
      
      Krueger
      
      LaValle
      
      Lanza
      
      Larkin
      
      Latimer
      
      Libous
      
      Little
      
      Marcellino
      
      Marchione
      
      Martins
      
      Maziarz
      
      Montgomery
      
      Nozzolio
      
      O'Brien
      
      O'Mara
      
      Parker
      
      Peralta
      
      Perkins
      
      Ranzenhofer
      
      Ritchie
      
      Rivera
      
      Robach
      
      Sampson
      
      Sanders Jr.
      
      Savino
      
      Serrano
      
      Seward
      
      Skelos
      
      Squadron
      
      Stavisky
      
      Stewart-Cousins
      
      Tkaczyk
      
      Valesky
      
      Young
      
      Zeldin
      
      nay (1)
      
      Ball
      
      excused (3)
      
      Golden
      
      Hassell-Thompson
      
      Smith
  Jun 3, 2014 - Local Government Committee Vote
  S7584A
  
  8
  
  Aye
  
  1
  
  Nay
  
  0
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Local Government Committee Vote: Jun 3, 2014
      
      aye (8)
      
      Boyle
      
      Gipson
      
      Latimer
      
      Marchione
      
      Martins
      
      O'Brien
      
      Ritchie
      
      Valesky
      
      nay (1)
      
      Ball

Bill Amendments

Original

A (Active)

2013-S7584 - Details

See Assembly Version of this Bill:: A10052
Current Committee:: Assembly Local Governments
Law Section:: Local Finance Law
Laws Affected:: Amd §11.00, Loc Fin L
Versions Introduced in 2015-2016 Legislative Session:: S2907, A4586

2013-S7584 - Summary

Provides that the period of probable usefulness of the installation or reconstruction of a boiler system is 15 years for purposes of local financing.

2013-S7584 - Sponsor Memo

                                BILL NUMBER:S7584

TITLE OF BILL:  An act to amend the local finance law, in relation to
the period of probable usefulness of boiler systems

PURPOSE:

Provides that the period of probable usefulness of the installation or
reconstruction of a boiler system is 15 years for purposes of local
financing.

SUMMARY OF PROVISIONS:

Section 1 amends subdivision 13 of paragraph (a) of section 11.00 of the
local finance law to specify that the period of probable usefulness of
the installation or reconstruction of a boiler system in a building is
fifteen years.

Section 2 contains the effective date.

EXISTING LAW:

Section 11.00 of the local finance law provides for a ten year period
for a heating, lighting, plumbing, ventilating elevator or power plant
or system for class "A" or "B" building and five years for a class "C"
building.

JUSTIFICATION:

Municipalities across the state are looking to undertake new biomass
heating projects in their buildings but are limited to a ten year bond
due to their expected useful life under current law. However, the useful
life of heating systems under the local finance law does not accurately
reflect the actual useful life of these systems.

According to a publication of the New York State Division of Housing and
Community Renewal, the useful life for boilers is between twenty-five to
thirty-five years, depending on the type of material used for the boil-
er. The useful life of a furnace is approximately fifteen years and
because the local finance law does not differentiate between furnace and
boiler heating systems, local governments cannot bond for a period long-
er than ten years for a new or replacement boiler. This bill aims to
correct the actual useful life of these systems.

LEGISLATIVE HISTORY:

New Bill.

FISCAL IMPLICATIONS:

None to the state.

EFFECTIVE DATE:

This act shall take effect immediately.

2013-S7584 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7584

                            I N  S E N A T E

                              May 15, 2014
                               ___________

Introduced  by  Sen.  LITTLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT to amend the local finance law, in  relation  to  the  period  of
  probable usefulness of boiler systems

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 13 of paragraph a of section 11.00 of the local
finance law, as amended by chapter 837 of the laws of 1945,  is  amended
to read as follows:
  13.  Certain  building alterations. The installation or reconstruction
of a heating, lighting, plumbing, ventilating, elevator or  power  plant
or  system  in  a  building  when  not  in  connection with the original
construction or the reconstruction of such building, in a class  "A"  or
"B"  building, ten years; in a class "C" building, five years. The terms
"class 'A' building," "class 'B' building" and "class 'C' building,"  as
used  in  this  subdivision,  shall  mean  such  buildings  as  they are
described in subdivision eleven of this  paragraph.  PROVIDED,  HOWEVER,
THAT  THE  INSTALLATION OR RECONSTRUCTION OF A BOILER SYSTEM IN A BUILD-
ING, REGARDLESS OF THE CLASS THEREOF, WHEN NOT IN  CONNECTION  WITH  THE
ORIGINAL CONSTRUCTION OR RECONSTRUCTION OF SUCH BUILDING, TWENTY YEARS.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15064-01-4

2013-S7584A (ACTIVE) - Details

See Assembly Version of this Bill:: A10052
Current Committee:: Assembly Local Governments
Law Section:: Local Finance Law
Laws Affected:: Amd §11.00, Loc Fin L
Versions Introduced in 2015-2016 Legislative Session:: S2907, A4586

2013-S7584A (ACTIVE) - Summary

Provides that the period of probable usefulness of the installation or reconstruction of a boiler system is 15 years for purposes of local financing.

2013-S7584A (ACTIVE) - Sponsor Memo

                                BILL NUMBER:S7584A

TITLE OF BILL:  An act to amend the local finance law, in relation to
the period of probable usefulness of boiler systems

PURPOSE:

Provides that the period of probable usefulness of the installation or
reconstruction of a boiler system is 15 years for purposes of local
financing.

SUMMARY OF PROVISIONS:

Section 1 amends subdivision 13 of paragraph (a) of section 11.00 of the
local finance law to specify that the period of probable usefulness of
the installation or reconstruction of a boiler system in a building is
fifteen years.

Section 2 contains the effective date.

EXISTING LAW:

Section 11.00 of the local finance law provides for a ten year period
for a heating, lighting, plumbing, ventilating elevator or power plant
or system for class "A" or "B" building and five years for a class "C"
building.

JUSTIFICATION:

Municipalities across the state are looking to undertake new biomass
heating projects in their buildings but are limited to a ten year bond
due to their expected useful life under current law. However, the useful
life of heating systems under the local finance law does not accurately
reflect the actual useful life of these systems.  According to a publi-
cation of the New York State Division of Housing and Community Renewal,
the useful life for boilers is between twenty-five to thirty-five years,
depending on the type of material used for the boiler. The useful life
of a furnace is approximately fifteen years and because the local
finance law does not differentiate between furnace and boiler heating
systems, local governments cannot bond for a period longer than ten
years for a new or replacement boiler. This bill aims to correct the
actual useful life of these systems.

LEGISLATIVE HISTORY:

New Bill

FISCAL IMPLICATIONS:

None to the state

EFFECTIVE DATE:

This act shall take effect immediately.

2013-S7584A (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7584--A
    Cal. No. 1173

                            I N  S E N A T E

                              May 15, 2014
                               ___________

Introduced  by  Sen.  LITTLE -- read twice and ordered printed, and when
  printed to be committed  to  the  Committee  on  Local  Government  --
  reported  favorably  from  said  committee,  ordered  to first report,
  amended on first report,  ordered  to  a  second  report  and  ordered
  reprinted, retaining its place in the order of second report

AN  ACT  to  amend  the  local finance law, in relation to the period of
  probable usefulness of boiler systems

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 13 of paragraph a of section 11.00 of the local
finance  law,  as amended by chapter 837 of the laws of 1945, is amended
to read as follows:
  13. Certain building alterations. The installation  or  reconstruction
of  a  heating, lighting, plumbing, ventilating, elevator or power plant
or system in a  building  when  not  in  connection  with  the  original
construction  or  the reconstruction of such building, in a class "A" or
"B" building, ten years; in a class "C" building, five years. The  terms
"class  'A' building," "class 'B' building" and "class 'C' building," as
used in  this  subdivision,  shall  mean  such  buildings  as  they  are
described  in  subdivision  eleven of this paragraph. PROVIDED, HOWEVER,
THAT THE INSTALLATION OR RECONSTRUCTION OF A BOILER SYSTEM IN  A  BUILD-
ING,  REGARDLESS  OF  THE CLASS THEREOF, WHEN NOT IN CONNECTION WITH THE
ORIGINAL CONSTRUCTION OR RECONSTRUCTION OF SUCH BUILDING, FIFTEEN YEARS.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15064-02-4

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