 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8277
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                       May 8, 2025
                                       ___________
 
        Introduced  by M. of A. JONES -- read once and referred to the Committee
          on Local Governments
 
        AN ACT to amend chapter 643 of the  laws  of  2019  amending  the  local
          finance  law, relating to establishing an electronic open auction bond
          sale pilot program, in relation to the effectiveness thereof

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Section 2 of chapter 643 of the laws of 2019 amending the
     2  local finance law, relating to establishing an electronic  open  auction
     3  bond  sale pilot program, as amended by chapter 297 of the laws of 2023,
     4  is amended to read as follows:
     5    § 2. This act shall take effect on the first of January next  succeed-
     6  ing  the date on which it shall have become a law and shall expire [six]
     7  eight  years  after  such  effective  date,  when  upon  such  date  the
     8  provisions of this act shall be deemed repealed.
     9    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11975-01-5
Extends the open auction bond sale pilot program

What's Happening

Why It Matters
