NY A10610

Extends the deadline for serial bond maturity requirements from July 15, 2012 to July 15, 2015, allowing first installments to mature up to two years after bond issuance or bond anticipation note issuance.

Extends the period during which municipalities, school districts, and district corporations may issue bonds with flexible redemption terms from July 15, 2012 to July 15, 2015.

Extends the deadline for municipalities to issue variable interest rate bonds subject to a maximum rate from July 15, 2012 to July 15, 2015.

Extends the deadline for municipalities to finance objects or purposes with statutory periods of usefulness through bond or note issuance from July 15, 2012 to July 15, 2015.

Extends the expiration date of certain provisions in Chapter 413 of the laws of 1991 relating to mandate relief for local governments from July 15, 2012 to July 15, 2015.