Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Jan 08, 2020 |
referred to corporations, authorities and commissions |
Feb 01, 2019 |
referred to corporations, authorities and commissions |
Senate Bill S3093
2019-2020 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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) 60th Senate District
(D, WF) Senate District
(R, C, IP) 62nd Senate District
2019-S3093 (ACTIVE) - Details
- Current Committee:
- Senate Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §2976, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2013-2014:
S6890
2015-2016: S3328
2017-2018: S3145
2019-S3093 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3093 SPONSOR: RANZENHOFER TITLE OF BILL: An act to amend the public authorities law, in relation to exempting the Niagara frontier transportation authority from bond issuance charges PURPOSE: To exempt the Niagara Frontier Transportation Authority (NFTA) from bond issuance fees required under current law. SUMMARY OF SPECIFIC PROVISIONS: Section 1 of the bill states the Legislative intent. Section 2 of the bill amends subdivision 4 of section 2976 of the Public Authorities Law to exempt the NFTA from the state bond issuance charge Section 3 of the bill provides that this act shall take effect imme-
2019-S3093 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3093 2019-2020 Regular Sessions I N S E N A T E February 1, 2019 ___________ Introduced by Sens. RANZENHOFER, GALLIVAN, KENNEDY, ORTT -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to exempting the Niagara frontier transportation authority from bond issuance charges THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative intent. Over the past several years, while support of mass transit in the greater New York City metropolitan area has expanded, state support for regional transit in the greater Buffalo Niagara Falls area has not seen similar support. This lack of support has adversely impacted mass transit riders in the greater Buffalo Niagara region serviced by the Niagara frontier transit authority (NFTA). It is the intent of the legislature that the NFTA use the savings that accrue from this act for maintenance and operations and to ensure that mass transit riders do not face any further service cuts. § 2. Subdivision 4 of section 2976 of the public authorities law, as added by section 12 of part E of chapter 494 of the laws of 2009, is amended to read as follows: 4. The provisions of subdivisions one and two of this section shall not apply TO BONDS ISSUED BY THE NIAGARA FRONTIER TRANSPORTATION AUTHOR- ITY AND to recovery act bonds issued by the state of New York municipal bond bank agency in connection with local American Recovery and Rein- vestment Act pursuant to section two thousand four hundred thirty-six-b of this chapter. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01621-01-9
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