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
________________________________________________________________________
1177
2025-2026 Regular Sessions
I N A S S E M B L Y
January 9, 2025
___________
Introduced by M. of A. PEOPLES-STOKES -- read once and referred to the
Committee on Local Governments
AN ACT to amend the local finance law, in relation to the sale of munic-
ipal obligations by the county of Erie
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The opening paragraph of section 54.50 of the local finance
law, as amended by chapter 156 of the laws of 2024, is amended to read
as follows:
To facilitate the marketing of any issue of serial bonds or notes of
the county of Erie issued on or before June thirtieth, two thousand
[twenty-five] TWENTY-SIX such county may, notwithstanding any limita-
tions on private sales of bonds provided by law, and subject to approval
by the state comptroller of the terms and conditions of such sale:
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03009-01-5Every fact on this page links to its source, starting with the official bill record.