S T A T E O F N E W Y O R K
________________________________________________________________________
S. 2365 A. 3115
2015-2016 Regular Sessions
S E N A T E - A S S E M B L Y
January 22, 2015
___________
IN SENATE -- Introduced by Sen. BRESLIN -- read twice and ordered print-
ed, and when printed to be committed to the Committee on Local Govern-
ment
IN ASSEMBLY -- Introduced by M. of A. STECK -- read once and referred to
the Committee on Ways and Means
AN ACT to amend chapter 41 of the laws of 1985 relating to providing for
the construction of a civic center in Albany and making appropriations
relating to the construction of such facility, in relation to the
repayment of such appropriation
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Section 20 of chapter 41 of the laws of 1985 relating to
2 providing for the construction of a civic center in Albany and making
3 appropriations relating to the construction of such facility, is amended
4 to read as follows:
5 S 20. The state comptroller is hereby authorized to receive from the
6 county, repayment of money disbursed from this appropriation and any
7 income or increment related thereto due to the investment thereof, and
8 to deposit the same to the credit of the capital projects fund;
9 PROVIDED, HOWEVER THAT ANY AND ALL MONEYS RECEIVED BY THE STATE COMP-
10 TROLLER FROM THE COUNTY OF ALBANY ON OR BEFORE APRIL 30, 2015, SHALL BE
11 DEEMED TO BE FULL REPAYMENT OF THE MONEY DISBURSED FROM THE APPROPRI-
12 ATION MADE IN SECTION ELEVEN OF THIS ACT AND ANY INCOME OR INCREMENT
13 RELATED THERETO DUE TO THE INVESTMENT THEREOF.
14 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04468-01-5