NY A09884 | 2017-2018 | General Assembly
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 16 2018 - 25% progression, died in committee
Action: 2018-02-16 - referred to election law
Pending: Assembly Election Law Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 16 2018 - 25% progression, died in committee
Action: 2018-02-16 - referred to election law
Pending: Assembly Election Law Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requires that any ballot proposition creating a state debt shall contain an estimate of the amortization period and the total expected debt service payable thereon until the bonds issued pursuant to such proposition are retired; relates to deposits to the tax stabilization reserve fund; provides that at least 10% of any surplus shall be used to pay down state debt.
Title
Requires that any ballot proposition creating a state debt shall contain an estimate of the amortization period and the total expected debt service payable thereon until the bonds issued pursuant to such proposition are retired; relates to deposits to the tax stabilization reserve fund; provides that at least 10% of any surplus shall be used to pay down state debt.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2018-02-16 | Assembly | referred to election law |
Same As/Similar To
S04140 (Same As) 2018-01-03 - REFERRED TO ELECTIONS
