Shown verbatim: the complete text as captured from the official source posted by the New York State Senate, fetched 2026-08-11. Nothing is edited or removed. Where this bill amends existing law, language marked for deletion in the official source appears here in brackets. The official bill page.
S T A T E O F N E W Y O R K
________________________________________________________________________
11004
I N A S S E M B L Y
April 16, 2026
___________
Introduced by M. of A. SOLAGES -- (at request of the Environmental
Facilities Corporation) -- read once and referred to the Committee on
Local Governments
AN ACT to amend chapter 492 of the laws of 1993 amending the local
finance law relating to installment loans and obligations evidencing
installment loans, in relation to extending the effectiveness thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 3 of chapter 492 of the laws of 1993, amending the
local finance law relating to installment loans and obligations evidenc-
ing installment loans, as amended by chapter 342 of the laws of 2023, is
amended to read as follows:
§ 3. This act shall take effect immediately and shall remain in full
force and effect until September 30, [2026] 2029, at which time it shall
be deemed repealed.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15008-01-6Every fact on this page links to its source, starting with the official bill record.