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NY S06122

Bill

Official Source

Status

Introduced

3/30/2023

Primary Sponsor

Monica Martinez

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • Extends the expiration date of Chapter 130 of the Laws of 1998 (relating to temporary investments by local governments) from July 1, 2023 to July 1, 2026

  • Investments purchased before the expiration date continue to be subject to the same conditions under General Municipal Law Section 11, subdivision 3, paragraph a after the law expires

  • Takes effect immediately, with retroactive application to July 1, 2023 if enacted after that date

Legislative Description

Extends provisions of law relating to temporary investments by local governments from July 1, 2023 until July 1, 2026.

Last Action

SUBSTITUTED BY A7400

6/5/2023

Committee Referrals

Rules5/30/2023
Finance5/9/2023
Local Government3/30/2023

Full Bill Text

No bill text available