State Legislation Resolution No. 136
State Legislation Resolution requesting the New York State Legislature to pass bills introduced by Senator Padavan, S.4779, and Assembly Member O’Donnell, A.8181, “AN ACT to amend the general municipal law, chapter 130 of the laws of 1998, amending the general municipal law relating to temporary investments by local governments and chapter 406 of the laws of 1999, amending the tax law and other laws relating to sales and compensating use taxes, in relation to temporary investments by local governments and the effective dates relating thereto”.
By Council Member Rivera
Whereas, bills have been introduced in the New York State Legislature by Senator Padavan, S.4779, and Assembly Member O’Donnell, A.8181, “AN ACT to amend the general municipal law, chapter 130 of the laws of 1998, amending the general municipal law relating to temporary investments by local governments and chapter 406 of the laws of 1999, amending the tax law and other laws relating to sales and compensating use taxes, in relation to temporary investments by local governments and the effective dates relating thereto”; and
Whereas, the enactment of the above State Legislation requires the concurrence of the Council of the City of New York as the local legislative body; now, therefore, be it
Resolved, that the Council of the City of New York, in accordance with the provisions of Section 2 of Article 9 of the Constitution of the State of New York, does hereby request the New York State Legislature to enact into law the aforesaid pending bills.
Referred to the Committee on State and Federal Legislation.