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
________________________________________________________________________
8277
2025-2026 Regular Sessions
I N A S S E M B L Y
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:
Section 1. Section 2 of chapter 643 of the laws of 2019 amending the
local finance law, relating to establishing an electronic open auction
bond sale pilot program, as amended by chapter 297 of the laws of 2023,
is amended to read as follows:
§ 2. This act shall take effect on the first of January next succeed-
ing the date on which it shall have become a law and shall expire [six]
EIGHT years after such effective date, when upon such date the
provisions of this act shall be deemed repealed.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.
LBD11975-01-5Every fact on this page links to its source, starting with the official bill record.