Assembly Bill A47

2025-2026 Legislative Session

Authorizes the town of Massena to issue bonds to cover the cost of pension contributions due by the town for employees of the former Massena Memorial Hospital

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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2025-A47 (ACTIVE) - Details

Current Committee:
Assembly Local Governments
Law Section:
Towns
Versions Introduced in Other Legislative Sessions:
2021-2022: A10409
2023-2024: A5140

2025-A47 (ACTIVE) - Summary

Authorizes the town of Massena to issue bonds to cover the cost of pension contributions due by the town for employees of the former Massena Memorial Hospital.

2025-A47 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    47
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by  M. of A. GRAY -- read once and referred to the Committee
   on Local Governments
 
 AN ACT to authorize the town of Massena to issue bonds to cover the cost
   of pension contributions due by the town for employees of  the  former
   Massena Memorial Hospital

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. (a) The town of Massena, county of Saint Lawrence, is here-
 by authorized to issue  serial  bonds,  subject  to  the  provisions  of
 section 10.10 of the local finance law, in an aggregate principal amount
 not to exceed five million dollars ($5,000,000), for the specific object
 or  purpose  of  liquidating  actual deficits in its general fund at the
 close of the fiscal year as  certified  by  the  state  comptroller.  In
 anticipation  of the issuance and sale of such serial bonds, bond antic-
 ipation notes are hereby authorized to be issued.
   (b) The specific object or purpose of this issuance is hereby declared
 to be a public purpose which the town is hereby authorized to accomplish
 and the period of probable usefulness thereof is hereby authorized to be
 thirty years.
   (c) Notwithstanding the provisions of any other law, general,  special
 or  local,  the  town  board  is  hereby  authorized to levy a tax to be
 collected in annual installments sufficient to pay the principal of  and
 interest  on  said bonds and bond anticipation notes and to adopt a bond
 resolution authorizing the serial bonds authorized to be issued pursuant
 to this section.
   (d) Amounts provided from the proceeds of obligations issued  pursuant
 to  this  section in excess of the amount of the deficit as confirmed by
 the state comptroller shall be accounted  for  in  the  same  manner  as
 prescribed by the state comptroller pursuant to section 36 of the gener-
 al municipal law.
   ยง 2. This act shall take effect immediately.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.