reglab/housing_qa huggingface dataset:
NY Pub Auth L § 3857-A (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3857-A - Efficiency Incentive Grants.

§ 3857-a. Efficiency incentive grants. By November tenth, two thousand   five,  the  city  shall  develop  and submit to the authority a plan for   achieving  recurring  savings  through  innovations  and  reengineering.   Subject  to  appropriations  therefor  in  the  state  fiscal  years two   thousand six--two thousand seven through two thousand ten--two  thousand   eleven,  the  authority  shall  provide grants to support such city cost   saving activities. State funding during such five year period shall  not   exceed  fifty  million  dollars,  or  ten  million dollars annually, for   grants provided pursuant to this section and section thirty-nine hundred   fifty-seven-a of this article. Provided further,  copies  of  such  city   plan  shall be submitted to the director of the budget, the chair of the   state senate finance committee and the chair of the state assembly  ways   and means committee.
NY Pub Auth L § 3859 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3859 - Advisory Period.

§  3859.  Advisory period. 1. During any advisory period the authority shall:  (a) obtain from the city, the  covered  organizations  and  the  state comptroller,  all  information,  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;  and  inspect, copy and audit such books and records of the city and the covered organizations as the authority deems  necessary  or desirable to accomplish the purposes of this title;  (b)  review  the operation, management, efficiency and productivity of city operations and of any  covered  organization's  operations  as  the authority  may  determine, and make reports and recommendations thereon; examine the potential to enhance the revenue of the city or any  covered organization;  audit compliance with the financial plan in such areas as the authority may determine; recommend  to  the  city  and  the  covered organizations  such  measures  relating to their operations, management, efficiency and productivity as the authority deems appropriate to reduce costs, enhance revenue  and  improve  services  so  as  to  advance  the purposes of this title;  (c)  comment  on  the provisions of the budget, the financial plan and the financial plan modifications of the  city  as  the  authority  deems necessary or appropriate;  (d)  review  and  comment  on  the  terms  of  any proposed borrowing, including the prudence of each proposed issuance of bonds or notes to be issued by the city; and  (e) assess the impact of any collective  bargaining  agreement  to  be entered  into  by  the city and such contracts, that, in the judgment of the authority, may have a significant impact  on  the  city's  long-term fiscal condition.   2.  During  any  advisory  period, the city shall promptly provide all information  requested  by   the   authority,   review   the   comments, assessments,  reports  and recommendations of the authority and publicly respond thereto, addressing such matters as  have  been  raised  by  the authority.
NY Pub Auth L § 3860 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3860 - Additional Provisions.

§ 3860. Additional provisions. 1. Notwithstanding any provision to the   contrary in title six-A of article two of the local finance law, neither   the city 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, notes   or other obligations issued by the authority remain outstanding. Failure   of the authority or the state  comptroller  to  notify  the  city  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  city 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 city   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 city or such covered organization.3. Nothing contained in this title shall be  construed  to  limit  the   power  of  the city or a covered organization to determine, from time to   time,  within  available  funds  for  the  city  or  for  such   covered   organization,  the purposes for which expenditures are to be made by the   city or such covered organization and the amounts of such  expenditures,   consistent  with  the  aggregate  expenditures  then permitted under the   financial plan for the city or such covered organization.4. The authority's fiscal  year  shall  be  July  first  through  June   thirtieth.5.  The  authority shall adopt guidelines for procurement contracts in   accordance  with  section  twenty-eight  hundred  seventy-nine  of  this   chapter.
NY Pub Auth L § 3863 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3863 - Remedies of Bondholders.

§  3863.  Remedies  of  bondholders.  Subject  to  any  resolution  or   resolutions adopted pursuant to paragraph  (f)  of  subdivision  six  of   section thirty-eight hundred sixty-two 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,  notes  or  other   obligations 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, notes, or other obligations, the holders of at least   twenty-five per centum in aggregate principal amount of the bonds, notes   or  other  obligations  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, notes or   other  obligations 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,  notes   or  other  obligations  and  to perform its duties under this title; (b)   bring  an  action  or  proceeding  upon  such  bonds,  notes  or   other   obligations;  (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, notes or other obligations; 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, notes or other obligations.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 of the county  shall  have  jurisdiction  of  any   action or proceeding by the trustee on behalf of such bondholders.
NY Pub Auth L § 3864 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3864 - Intercept of City Tax Revenues, School District Tax Revenues and State Aid Revenues.

§  3864.  Intercept of city tax revenues, school district tax revenues   and state aid revenues. 1. The state  comptroller,  in  accordance  with   section  twelve  hundred  sixty-one  of  the tax law, shall pay at least   monthly to  the  authority,  (a)  for  the  period  beginning  upon  the   effective  date  of  this  title  through  June  thirtieth, two thousand   thirty-seven, city tax revenues and, (b) for the period  beginning  July   first,  two  thousand  four,  and  ending  June  thirtieth, two thousand   thirty-seven, during which the county sets  aside  net  collections  for   educational  purposes  pursuant  to  the authority of subdivision (a) of   section twelve hundred sixty-two of the tax  law,  school  district  tax   revenues.  During  the  period  beginning  on the effective date of this   title through June thirtieth,  two  thousand  thirty-seven,  the  county   shall  impose such taxes pursuant to the authority of subdivision (a) of   section twelve hundred ten of the tax law at a  rate  of  no  less  than   three percent. In addition, during such periods, respectively, the state   comptroller shall pay to the authority (i) city tax revenues pursuant to   the  then  current  agreement  under  subdivision  (c) of section twelve   hundred sixty-two of the tax law among the county and the cities in  the   county  and  (ii) school district tax revenues; provided however, in the   event that such agreement among the county and such  cities  shall  have   expired or been terminated during such period, notwithstanding any other   provision  of  general,  special or local law to the contrary, the state   comptroller shall make  such  payments  of  city  tax  revenues  to  the   authority pursuant to the provisions of paragraph two of subdivision (d)   of section twelve hundred sixty-two of the tax law.2.  Commencing  on  the  effective  date of this title, and until June   thirtieth, two thousand thirty-seven, the state  comptroller  shall  pay   state aid revenues to the authority.3.  The  city  shall have no right, title, or interest in the city tax   revenues or state aid revenues paid to the authority  pursuant  to  this   section; and the school district shall have no right, title, or interest   in  the  school  district tax revenues paid to the authority pursuant to   this section.
NY Pub Auth L § 3866 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3866 - Agreement With the State.

§  3866.  Agreement with the state. 1. The state does hereby pledge to   and agree with the holders  of  any  issue  of  bonds,  notes  or  other   obligations  issued  by the authority pursuant to this title and secured   by such a pledge that the state 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, notes or other obligations  until  such  bonds,  notes  or  other   obligations  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. The authority is authorized   to  include this pledge and agreement of the state in any agreement with   the holders of such bonds, notes or other obligations. Nothing contained   in this title shall be deemed to restrict any  right  of  the  state  to   amend,  modify, repeal or otherwise alter: (a) section fifty-four of the   state finance law or any other provision relating to state aid,  or  (b)   statutes  imposing  or  relating  to  taxes  or  fees, or appropriations   relating thereto.2. The authority shall not include within any resolution, contract  or   agreement  with  holders of the bonds, notes or other obligations issued   under this title any provision which provides that a default occurs as a   result of the state exercising its right to  amend,  repeal,  modify  or   otherwise  alter: (a) section fifty-four of the state finance law or any   other provision relating to  state  aid  or  (b)  statutes  imposing  or   relating  to taxes, fees, or appropriations relating thereto. Nothing in   this title shall be deemed to obligate the state to make any payments or   impose any  taxes  to  satisfy  the  debt  service  obligations  of  the   authority.
NY Pub Auth L § 3868 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3868 - Bonds, Notes or Other Obligations Legal for Investment and Deposit.

§  3868.  Bonds,  notes  or other obligations legal for investment and   deposit. The bonds, notes or other  obligations  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,  notes  or  other  obligations  of the state, may   properly and legally invest funds, including capital, in  their  control   or  belonging  to  them.  The bonds, notes or other obligations 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,   notes  or  other  obligations  of  the  state is now or may hereafter be   authorized.
NY Pub Auth L § 3869 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3869 - Tax Exemption.

§ 3869. Tax exemption. 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 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 income   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,  notes  or  other  obligations issued pursuant to this   title,  and  the  income  therefrom  shall,  to   the   maximum   extent   practicable, be exempt from taxation.
NY Pub Auth L § 3871 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3871 - Audits.

§  3871.  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  city,  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  city's  fiscal   year,  the  city  shall  submit  its audited financial statements to the   authority.
NY Pub Auth L § 3872 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3872 - Effect of Inconsistent Provisions.

§  3872.  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 § 3873 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 2 - Buffalo Fiscal Stability Authority 3873 - Separability; Construction.

§   3873.   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 § 3950 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 3 - Erie County Fiscal Stability Authority 3950 - Short Title.

§ 3950. Short title. This title shall be known and may be cited as the   "Erie county fiscal stability authority act".
NY Pub Auth L § 3950-A (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 3 - Erie County Fiscal Stability Authority 3950-A - Legislative Declaration of Need for State Intervention.

§  3950-a. Legislative declaration of need for state intervention. The   legislature hereby finds and declares that the county of Erie is  facing   a  severe  fiscal  crisis, and that the crisis cannot be resolved absent   assistance from the state. The legislature further  finds  and  declares   that  maintenance of a balanced budget by the county of Erie is a matter   of overriding state concern, requiring the legislature to  intervene  to   provide  a  means  whereby: the long-term fiscal stability of the county   will be assured, the confidence of investors in the county'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 § 3952 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 3 - Erie County Fiscal Stability Authority 3952 - Erie County Fiscal Stability Authority.

§  3952.  Erie  county  fiscal stability authority. 1. There is hereby   created the Erie county 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 or 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 December thirty-first,   two  thousand thirty-nine. Upon the termination of the authority, all of   its property and assets shall pass to and be vested in the county.
NY Pub Auth L § 3955 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 3 - Erie County Fiscal Stability Authority 3955 - Assistance to the Authority; Employees of the Authority.

§  3955.  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 § 3956 (2021)
2021 New York Laws PBA - Public Authorities Article 10-D - Miscellaneous Authorities Title 3 - Erie County Fiscal Stability Authority 3956 - County Fiscal Year Two Thousand Five Budget Modification and Four-Year Financial Plan.

§  3956.  County fiscal year two thousand five budget modification and   four-year financial plan. 1. Not later than October first, two  thousand   five,  the  county  executive,  upon  approval by the legislature, shall   submit to  the  authority  a  budget  modification  and  financial  plan   consistent  with  the  financial  plan requirements contained in section   thirty-eight hundred fifty-seven of this article  which  may  reflect  a   declaration  of  need  as  provided  for  in section thirty-nine hundred   sixty-one of this title; provided, however, in county  fiscal  year  two   thousand  five  such  declaration  of  need shall not exceed one hundred   twenty-five million dollars in ECFSA assistance as defined in  paragraph   (a)  of  subdivision  twelve of section thirty-nine hundred fifty-one of   this title. The plan shall cover the county's two thousand  five  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 county executive and legislature of   its reasons. Within fifteen days from the receipt of  such  notification   the county executive, upon the approval of the legislature, shall modify   the  financial plan. If the county fails to make such modifications, the   authority shall adopt a resolution so finding.