Public Authorities Law § 3950-a · Title 3. Erie County Fiscal Stability Authority
Legislative declaration of need for state intervention
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
§ 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.
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/PBA3950-A
- Text hash
- sha256 f0c0700b6d62d7e5b127499dc8ac9b6ef3e13d7b3e1856762bec9d69d49af459
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
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