What the deal with COJ's?

**happyman** · 07-31-2019, 03:55 PM

From what I understood Cuomo has till today to sign the bill. No news on whether he did.

Anyone know anything?

**stackcity_4208** · 07-31-2019, 04:06 PM

Originally Posted by happyman

From what I understood Cuomo has till today to sign the bill. No news on whether he did.

Anyone know anything?

....

**happyman** · 07-31-2019, 04:17 PM

Originally Posted by stackcity_4208

At Lending Valley we have no cojs on our agreements

Fantastic. That wasnt my question.

**WestCoastFunding** · 07-31-2019, 04:33 PM

Originally Posted by stackcity_4208

At Lending Valley we have no cojs on our agreements

Website says you guys do SBA loans. No COJs on your SBA loans?

**Sean Cash** · 07-31-2019, 05:11 PM

Originally Posted by happyman

From what I understood Cuomo has till today to sign the bill. No news on whether he did.

Anyone know anything?

So here's what I found out...

Technically, through procedural maneuvering, his signature can be put off until December 31st. And here's why: The governor has 30 days to sign a bill when the legislature is not in session (which right now it is not), however when the legislature is in session, he has only 10 days to sign it once it's been delivered to him. I emphasized that last part because the legislature can withhold "delivery" of the bill to the governor and prevent the 10-day clock from starting. So when they're ready to deliver that bill, they can artificially act as though they're in session and deliver the bill to the governor and kick off the 10-day clock. So they could deliver it to him today and he could sign it today, or they could deliver it on December 30th and he could sign it on December 31st. There's no way to know.

He has signed many bills from the last legislative session into law already so he can sign this one at any time. However, it's public record that it hasn't even been "delivered" to him yet.

Apparently, the constitutionality or practicality of bills is not thoroughly considered until after the legislature has already passed them and hence they can use this delay maneuver to make sure they fix any problems with them. They can also just delay based on what's a priority to them or what the best time would be to use the signing as a public relations or campaigning opportunity etc. We'll never know what they're thinking or why they're delaying. It could be for some reason or no reason.

**happyman** · 07-31-2019, 05:17 PM

Originally Posted by sean bash

So here's what I found out...

Technically, through procedural maneuvering, his signature can be put off until December 31st. And here's why: The governor has 30 days to sign a bill when the legislature is not in session (which right now it is not), however when the legislature is in session, he has only 10 days to sign it once it's been delivered to him. I emphasized that last part because the legislature can withhold "delivery" of the bill to the governor and prevent the 10-day clock from starting. So when they're ready to deliver that bill, they can artificially act as though they're in session and deliver the bill to the governor and kick off the 10-day clock. So they could deliver it to him today and he could sign it today, or they could deliver it on December 30th and he could sign it on December 31st. There's no way to know.

He has signed many bills from the last legislative session into law already so he can sign this one at any time. However, it's public record that it hasn't even been "delivered" to him yet.

Apparently, the constitutionality or practicality of bills is not thoroughly considered until after the legislature has already passed them and hence they can use this delay maneuver to make sure they fix any problems with them. They can also just delay based on what's a priority to them or what the best time would be to use the signing as a public relations or campaigning opportunity etc. We'll never know what they're thinking or why they're delaying. It could be for some reason or no reason.

@stackcity_4208, this is what I was looking for, not some self promotion.

Thank you Sean

**CraaaCraaa Radio** · 07-31-2019, 06:23 PM

Originally Posted by sean bash

So here's what I found out...

Technically, through procedural maneuvering, his signature can be put off until December 31st. And here's why: The governor has 30 days to sign a bill when the legislature is not in session (which right now it is not), however when the legislature is in session, he has only 10 days to sign it once it's been delivered to him. I emphasized that last part because the legislature can withhold "delivery" of the bill to the governor and prevent the 10-day clock from starting. So when they're ready to deliver that bill, they can artificially act as though they're in session and deliver the bill to the governor and kick off the 10-day clock. So they could deliver it to him today and he could sign it today, or they could deliver it on December 30th and he could sign it on December 31st. There's no way to know.

He has signed many bills from the last legislative session into law already so he can sign this one at any time. However, it's public record that it hasn't even been "delivered" to him yet.

Apparently, the constitutionality or practicality of bills is not thoroughly considered until after the legislature has already passed them and hence they can use this delay maneuver to make sure they fix any problems with them. They can also just delay based on what's a priority to them or what the best time would be to use the signing as a public relations or campaigning opportunity etc. We'll never know what they're thinking or why they're delaying. It could be for some reason or no reason.

Thanks Sean!!!

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