reglab/housing_qa huggingface dataset:
NY Pub Auth L § 3659 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3659 - Agreement With the County.

§  3659. Agreement with the county. The county is authorized to pledge   to and agree with the holders of  any  issue  of  bonds  issued  by  the   authority  pursuant  to this title and secured by such a pledge that the   county will not limit, alter or impair the rights hereby vested  in  the   authority  to fulfill the terms of any agreements made with such holders   pursuant to this title, or in any way impair the rights and remedies  of   such  holders  or the security for such bonds until such bonds, together   with the interest thereon and all costs and expenses in connection  with   any action or proceeding by or on behalf of such holders, are fully paid   and  discharged.  Nothing  contained  in  this  title shall be deemed to   restrict any right of the county to amend,  modify  or  otherwise  alter   local  laws, ordinances or resolutions imposing or relating to the taxes   imposed pursuant to the authority of article twenty-nine of the tax  law   or  other  taxes  or fees or appropriations related to any such taxes or   fees, so long as, after giving effect to such amendment, modification or   other alteration, the amount of tax revenues projected by the  authority   to  be available during each of its fiscal years following the effective   date of such amendment, modification or other alteration  shall  be  not   less  than  two  hundred  percent  of  maximum  annual  debt  service on   authority bonds then outstanding. Subject to the foregoing sentence, the   authority shall not include in any  resolution,  contract  or  agreement   with  the  holders  of  its  bonds  any  provision which provides that a   default occurs as a result of the county exercising its right to  amend,   modify,  or otherwise alter such taxes imposed pursuant to the authority   of article twenty-nine of the tax law or other taxes or fees. Nothing in   this title shall be deemed to obligate the  county  to  make  additional   payments  or  impose  taxes  other  than  those  imposed pursuant to the   authority of paragraph one of subdivision (a) of section twelve  hundred   ten  of  the  tax  law  to  satisfy  the debt service obligations of the   authority.
NY Pub Auth L § 3660 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3660 - Bonds Legal for Investment and Deposit.

§  3660.  Bonds  legal  for  investment  and deposit. The bonds of the   authority are hereby made securities in which all  public  officers  and   bodies  of  the  state  and  all public corporations, municipalities and   municipal subdivisions, all insurance  companies  and  associations  and   other  persons  carrying  on  an insurance business, all banks, bankers,   trust  companies,  savings  banks  and  savings  associations  including   savings   and   loan   associations,  building  and  loan  associations,   investment companies and other persons carrying on a  banking  business,   all  administrators,  conservators,  guardians,  executors, trustees and   other fiduciaries, and all other persons whatsoever who are now  or  may   hereafter  be  authorized  to invest in bonds or in other obligations of   the state, may properly and legally invest funds, including capital,  in   their  control  or  belonging  to  them.  The bonds are also hereby made   securities which may be deposited with and may be received by all public   officers and bodies of the  state  and  all  municipalities  and  public   corporations  for  any  purpose  for which the deposit of bonds or other   obligations of the state is now or may hereafter be authorized.
NY Pub Auth L § 3661 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3661 - Tax Exemption and Tax Contract by the State.

§  3661.  Tax exemption and tax contract by the state. 1. It is hereby   determined that the creation of the authority and the  carrying  out  of   its corporate purposes are in all respects for the benefit of the people   of  the  state  of  New  York  and are public purposes. Accordingly, the   authority shall be regarded  as  performing  an  essential  governmental   function  in the exercise of the powers conferred upon it by this title.   The property of the authority, its income and its  operations  shall  be   exempt  from  taxation,  assessments, special assessments and ad valorem   levies. The authority shall not be required  to  pay  any  fees,  taxes,   special  ad  valorem levies or assessments of any kind, whether state or   local, including, but not limited to, fees, taxes,  special  ad  valorem   levies  or assessments on real property, franchise taxes, sales taxes or   other taxes, upon or with respect to any property owned by it  or  under   its  jurisdiction,  control or supervision, or upon the uses thereof, or   upon or with respect to its activities or operations in  furtherance  of   the  powers  conferred upon it by this title, or upon or with respect to   any fares, tolls, rentals,  rates,  charges,  fees,  revenues  or  other   income received by the authority.2.  Any  bonds  issued  pursuant to this title, their transfer and the   income therefrom shall, at all times, be exempt from taxation.3. The state  hereby  covenants  with  the  purchasers  and  with  all   subsequent  holders  and  transferees  of  bonds issued by the authority   pursuant to this title,  in  consideration  of  the  acceptance  of  and   payment  for  the bonds, that the bonds of the authority issued pursuant   to this title and the income therefrom and  all  revenues,  moneys,  and   other  property  pledged  to  pay or to secure the payment of such bonds   shall at all times be exempt from taxation.
NY Pub Auth L § 3663 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3663 - Audits.

§  3663.  Audits. 1. The accounts of the authority shall be subject to   the audit of the comptroller and the state comptroller. In addition, the   authority shall be subject to an annual financial audit performed by  an   independent  certified  accountant selected by the authority. Such audit   report shall  be  submitted  to  the  county  executive,  the  presiding   officer, the comptroller, the governor, the state comptroller, the chair   and  ranking  minority  member  of  the senate finance committee and the   chair and ranking  minority  member  of  the  assembly  ways  and  means   committee.2.  For  each  fiscal  year during the existence of the authority, and   within one hundred twenty days after the close of  the  county's  fiscal   year,  the  county  shall submit its audited financial statements to the   authority.
NY Pub Auth L § 3664 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3664 - Remedies of Bondholders.

§  3664.  Remedies  of  bondholders.  Subject  to  any  resolution  or resolutions adopted pursuant to paragraph (f) of  subdivision  seven  of section thirty-six hundred fifty-six of this title:   1.  In  the  event  that the authority shall default in the payment of principal of or interest on any issue of  bonds  after  the  same  shall become  due,  whether  at maturity or upon call for redemption, and such default shall continue for a period of thirty days, or shall default  in any  agreement  made with the holders of any issue of bonds, the holders of at least twenty-five per centum in aggregate principal amount of  the bonds of such issue then outstanding, by instrument or instruments filed in  the  office of the clerk of the county and proved or acknowledged in the same manner as a deed to be  recorded,  may  appoint  a  trustee  to represent  the  holders  of  such bonds for the purpose provided in this section.   2. Such trustee may, and upon written request of  the  holders  of  at least   twenty-five  per  centum  in  principal  amount  of  such  bonds outstanding shall, in his or her or its own name:  (a) by action or proceeding in accordance with the civil practice  law and  rules,  enforce  all  rights  of  the  bondholders  and require the authority to carry out any other agreements with  the  holders  of  such bonds and to perform its duties under this title;  (b) bring an action or proceeding upon such bonds;  (c) by action or proceeding, require the authority to account as if it were the trustee of an express trust for the holder of such bonds; and  (d)  by  action  or proceeding, enjoin any acts or things which may be unlawful or in violation of the rights of the holders of such bonds.   3. Such trustee shall, in addition to the provisions  of  subdivisions one  and  two  of  this  section,  have  and  possess  all of the powers necessary or appropriate for the exercise of any functions  specifically set  forth  in this section or incident to the general representation of bondholders in the enforcement and protection of their rights.   4. The  supreme  court  shall  have  jurisdiction  of  any  action  or proceeding by the trustee on behalf of such bondholders.
NY Pub Auth L § 3665 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3665 - Assistance to the Authority; Employees of the Authority.

§  3665.  Assistance  to the authority; employees of the authority. 1.   With the consent of  any  public  corporation,  the  authority  may  use   agents,   employees  and  facilities  thereof,  paying  to  such  public   corporation its agreed proportion of the compensation or costs.2.  Officers  and  employees  of  state  or  county  agencies  may  be   transferred to the authority without examination and without loss of any   civil service or retirement status or rights. Any officer or employee of   the  authority  who  heretofore acquired or shall hereafter acquire such   position status by transfer and who at the time of such transfer  was  a   member  of  the  New  York  state and local employees' retirement system   shall continue to be a member of such  system  as  long  as  he  or  she   continues  in  such  service, and shall continue to have all the rights,   privileges and obligations of membership in such system.
NY Pub Auth L § 3666 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3666 - 2000 Fiscal Year Budget Modification.

§ 3666. 2000 fiscal year budget modification. 1. The control period as   set  forth  in section thirty-six hundred sixty-nine of this title shall   be instituted on June thirtieth, two thousand, unless prior to such date   (a) the county executive, after approval by the legislature, shall  have   submitted to the authority a modification to the county's budget for the   2000  fiscal  year, as in effect on May tenth, two thousand; and (b) the   authority shall have determined that such modification when  implemented   will  ensure  a  reduction  of  the  projected gap, through recurring or   nonrecurring actions, for the 2000 fiscal year and,  together  with  any   budget modifications prior to May tenth, two thousand, through recurring   actions,  for  the  three next succeeding fiscal years, in an amount not   less than fifty million dollars per year.2. In order that such budget modification be effective  on  or  before   June  thirtieth,  two  thousand, the county executive shall within seven   days following the effective  date  of  this  title  submit  a  proposed   modification  to  the  legislature.  Within  seven  days thereafter, the   legislature  shall   approve   such   modification   or   a   substitute   modification.  Upon  approval  by  the legislature, the county executive   shall submit such modification to the authority. Not later than ten days   after  such  budget  modification  shall  have  been  submitted  to  the   authority,  the authority shall approve or disapprove such modification,   provided that the authority may approve such modification only upon  its   determination  that  such modification when implemented will ensure such   reduction of the projected gap for  each  fiscal  year  as  required  by   subdivision one of this section.3.   In   the   event  the  authority  shall  disapprove  such  budget   modification based on disapproval of certain actions or assumptions, the   authority shall promptly thereafter notify the county executive  of  its   reasons.    The county executive shall thereafter, after approval by the   legislature,  resubmit  a  budget  modification,  based  on  actions  or   assumptions   other  than  those  that  have  been  disapproved  by  the   authority, for consideration by the authority and in sufficient time for   the authority to have a seven day review period prior to June thirtieth,   two thousand.
NY Pub Auth L § 3668 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3668 - Monitoring and Review.

§ 3668. Monitoring and review. Except as otherwise provided in section   thirty-six hundred sixty-nine of this title, the authority shall:1. conduct meetings at least annually;2.  obtain  from  the county all information required pursuant to this   section, and such other financial statements and projections,  budgetary   data  and  information,  and  management  reports  and  materials as the   authority deems necessary or desirable to  accomplish  the  purposes  of   this title;3. recommend to the county and the covered organizations such measures   relating  to their operation, management, efficiency and productivity as   the authority deems appropriate to reduce costs and improve services  so   as to advance the purposes of this title;4.  consult  with  the  county in the preparation of the budget of the   county;5. with respect to any county borrowing proposed to  be  issued  after   July first, two thousand, review the terms of and comment, within thirty   days  after  notification  by the county of a proposed borrowing, on the   prudence of each proposed issuance of bonds or notes to be issued by the   county and no such borrowing shall be made  unless  first  reviewed  and   commented  upon  by  the  authority.  The  authority  shall provide such   comments within thirty days  after  notification  by  the  county  of  a   proposed  borrowing  to  the  county  executive,  the  comptroller,  the   legislature, the director of the budget and the state comptroller;6. determine whether to make transitional state aid available, and  on   what  schedule, based upon the county's compliance with the requirements   of  sections  thirty-six  hundred  sixty-six  and   thirty-six   hundred   sixty-seven  of this title, as applicable, and the requirements, if any,   of the appropriations bills authorizing such transitional state aid; and7. perform such audits and  reviews  of  the  county  and  any  agency   thereof and any covered organizations as it deems necessary.
NY Pub Auth L § 3670 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3670 - Miscellaneous Provisions.

§  3670.  Miscellaneous provisions. 1. Notwithstanding anything to the   contrary in title six-A of article two of the local finance law, neither   the  county  nor  any  covered  organization  shall  file  any  petition   authorized by such title six-A without the approval of the authority and   the  state  comptroller.  No such petition shall be filed as long as any   bonds issued  by  the  authority  remain  outstanding.  Failure  of  the   authority  or  the  state  comptroller to notify the county or a covered   organization within thirty days (or such additional time, not  exceeding   thirty  days,  as the authority or state comptroller shall have notified   the county or covered organization that  it  requires  to  complete  its   review)  after  submission  to  it  of  a  petition  shall  be deemed to   constitute authority or state comptroller approval thereof.2. Nothing contained in this title shall limit the right of the county   or any covered  organization  to  comply  with  the  provisions  of  any   existing  contract within or for the benefit of the holders of any bonds   or notes of the county or such covered organization.3. Nothing contained in this title shall be construed  to  limit  the   power of the county or a covered organization during any interim finance   period  to  determine, from time to time, within available funds for the   county  or  for  such  covered  organization,  the  purposes  for  which   expenditures  are  to be made by the county or such covered organization   and the amounts of such  expenditures,  consistent  with  the  aggregate   expenditures  then  permitted under the financial plan for the county or   such covered organization.4. The authority's fiscal year shall be January first through December   thirty-first.5. Nothing contained in this title shall alter or modify the right  of   any town, city or village within the county regarding funding assistance   due  from  the  county  as authorized pursuant to section twelve hundred   sixty-two-e of the tax law.6. The authority shall adopt guidelines for procurement  contracts  in   accordance  with  section  twenty-eight  hundred  seventy-nine  of  this   chapter.
NY Pub Auth L § 3671 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3671 - Effect of Inconsistent Provisions.

§  3671.  Effect of inconsistent provisions. Insofar as the provisions   of this title are inconsistent with the provisions  of  any  other  act,   general  or  special,  or  of  any  charter,  local  law,  ordinance  or   resolution of any municipality, the provisions of this  title  shall  be   controlling.  Nothing  contained  in  this  section  shall  be  held  to   supplement or otherwise expand the powers or  duties  of  the  authority   otherwise set forth in this title.
NY Pub Auth L § 3672 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 1 - Nassau County Interim Finance Authority 3672 - Separability; Construction.

§   3672.   Separability;   construction.  If  any  clause,  sentence,   paragraph, section, or part of this title shall be adjudged by any court   of competent jurisdiction to be invalid, such judgment shall not affect,   impair or invalidate the remainder thereof, but shall be confined in its   operation to the clause, sentence, paragraph, section, or  part  thereof   involved  in  the  controversy  in  which  such judgment shall have been   rendered. The provisions of this title shall be liberally  construed  to   assist the effectuation of the public purposes furthered hereby.
NY Pub Auth L § 3850 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3850 - Short Title.

§ 3850. Short title. This title shall be known and may be cited as the   "Buffalo fiscal stability authority act."
NY Pub Auth L § 3850-A (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3850-A - Legislative Declaration of Need for State Intervention.

§  3850-a. Legislative declaration of need for state intervention. The   legislature hereby finds and declares that the city of Buffalo is facing   a severe fiscal crisis, and that the crisis cannot  be  resolved  absent   assistance  from  the  state.  The  legislature  finds that the city has   repeatedly relied on annual extraordinary  increases  in  state  aid  to   balance  its  budget,  and  that  the state cannot continue to take such   extraordinary actions on the  city's  behalf.  The  legislature  further   finds  and declares that maintenance of a balanced budget by the city of   Buffalo  is  a  matter  of  overriding  state  concern,  requiring   the   legislature  to  intervene  to  provide  a  means whereby: the long-term   fiscal stability  of  the  city  will  be  assured,  the  confidence  of   investors in the city's bonds and notes is preserved, and the economy of   both the region and the state as a whole is protected.
NY Pub Auth L § 3852 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3852 - Buffalo Fiscal Stability Authority.

§ 3852. Buffalo fiscal stability authority. 1. There is hereby created   the  Buffalo  fiscal  stability  authority.  The  authority  shall  be a   corporate  governmental  agency  and  instrumentality   of   the   state   constituting a public benefit corporation.2.  The  authority shall conduct meetings as often as deemed necessary   to accomplish its purposes, but not less than quarterly during a control   period, and annually during an advisory period.3. The authority shall continue until its control, advisory  or  other   responsibilities,  and  its  liabilities  have  been  met  or  otherwise   discharged, which in no event shall be later than  June  thirtieth,  two   thousand thirty-seven. Upon the termination of the authority, all of its   property and assets shall pass to and be vested in the city.
NY Pub Auth L § 3855 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3855 - Assistance to the Authority; Employees of the Authority.

§  3855.  Assistance  to the authority; employees of the authority. 1.   With the consent of  any  public  corporation,  the  authority  may  use   agents,   employees  and  facilities  thereof,  paying  to  such  public   corporation its agreed proportion of the compensation or costs.2. Officers and employees of state or city agencies may be transferred   to the authority without examination  and  without  loss  of  any  civil   service  or  retirement status or rights. Any officer or employee of the   authority who  heretofore  acquired  or  shall  hereafter  acquire  such   position  status  by transfer and who at the time of such transfer was a   member of the New York state  and  local  employees'  retirement  system   shall  continue  to  be  a  member  of  such system as long as he or she   continues in such service, and shall continue to have  all  the  rights,   privileges and obligations of membership in such system.
NY Pub Auth L § 3856 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3856 - City Fiscal Year Two Thousand Three--Two Thousand Four Budget Modification and Four-Year Financial Plan.

§  3856. City fiscal year two thousand three--two thousand four budget   modification and four-year financial plan. 1. Not later  than  September   first,  two  thousand  three,  the  city shall submit to the authority a   financial plan which may reflect a declaration of need as  provided  for   in  section  thirty-eight  hundred  sixty-one.  The plan shall cover the   city's two thousand three--two thousand four fiscal year and  the  three   subsequent fiscal years.2. Not  later  than  fifteen days after such submission, the authority   shall approve or disapprove the financial plan.3. In the event the authority shall  disapprove  such  financial  plan   based  on  disapproval  of certain actions or assumptions, the authority   shall promptly thereafter notify the city of its reasons. Within fifteen   days from the receipt of such notification the  city  shall  modify  the   financial  plan, and unless such financial plan modification is approved   by the authority, the authority shall impose a financial plan of its own   formulation  as  soon  as  practicable,  as  provided  for  in   section   thirty-eight hundred fifty-eight of this title.