Assembly Bill A3356

2019-2020 Legislative Session

Relates to the employee benefit accrued liability reserve fund

download bill text pdf

Sponsored By

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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2019-A3356 (ACTIVE) - Details

Current Committee:
Assembly Local Governments
Law Section:
General Municipal Law
Laws Affected:
Amd §6-p, Gen Muni L
Versions Introduced in Other Legislative Sessions:
2009-2010: A10144
2011-2012: A2130
2013-2014: A2474
2015-2016: A2821
2017-2018: A2201

2019-A3356 (ACTIVE) - Summary

Relates to the employee benefit accrued liability reserve fund.

2019-A3356 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3356
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 29, 2019
                                ___________
 
 Introduced  by  M.  of  A.  ENGLEBRIGHT -- read once and referred to the
   Committee on Local Governments
 
 AN ACT to amend the general municipal law, in relation to  the  employee
   benefit accrued liability reserve fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Section 6-p of the general  municipal  law  is  amended  by
 adding a new subdivision 12 to read as follows:
   12.  IF  AFTER  AUDIT  AND CERTIFICATION BY THE STATE COMPTROLLER THAT
 THERE ARE FUNDS IN EXCESS OF  THOSE  REQUIRED  TO  SATISFY  LIABILITIES,
 THOSE  EXCESS  FUNDS  MAY  BE  TRANSFERRED  TO  THE GENERAL FUND FOR THE
 PURPOSE OF REAL PROPERTY TAX REDUCTION  AND/OR  VOTER  APPROVED  CAPITAL
 PROJECTS.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05089-01-9

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