A 3082

  • New York Assembly Bill
  • 2023 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Requires propositions authorizing creation of a state debt to contain an estimate of the debt service payable and publish an explanation thereof

Abstract

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.

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Jan 03, 2024

Assembly

REFERRED TO ELECTION LAW

Feb 02, 2023

Assembly

REFERRED TO ELECTION LAW

Bill Text

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