New York Court of Appeals

Robert L. Schulz, Appellants v. State of New York, Respondents

June 30, 199484 N.Y.2d 231

Summary

The New York Court of Appeals affirmed the lower courts, holding that the 1993 transportation financing statute does not violate the State Constitution's debt‑limiting provisions, that the public‑authority bonds are not State debt, that no enforceable moral‑obligation debt is created, and that the plaintiffs lack standing to challenge the statute beyond the limited referendum issue.