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NY A08277

Bill

Status

Passed

8/7/2025

Primary Sponsor

D. Billy Jones

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Extends the electronic open auction bond sale pilot program for local governments from six years to eight years after its effective date
  • Amends chapter 643 of the laws of 2019, which originally established the pilot program allowing local governments to sell bonds through electronic open auctions
  • The original law took effect January 1, 2020, meaning the expiration date moves from January 1, 2026 to January 1, 2028
  • Takes effect immediately upon becoming law

Legislative Description

Extends the open auction bond sale pilot program.

Last Action

signed chap.240

8/7/2025

Committee Referrals

Local Government5/29/2025
Rules5/27/2025
Ways and Means5/13/2025
Local Governments5/8/2025

Full Bill Text

No bill text available