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NY A09689

Bill

Status

Introduced

1/21/2026

Primary Sponsor

Michael Cashman

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Extends the electronic open auction bond sale pilot program for local governments from eight years to ten years
  • Amends chapter 643 of the laws of 2019, which originally established the pilot program allowing municipalities to sell bonds through electronic open auctions
  • The pilot program was previously extended by chapter 240 of the laws of 2025
  • Takes effect immediately upon becoming law

Legislative Description

Extends the open auction bond sale pilot program.

Last Action

referred to local governments

1/21/2026

Committee Referrals

Local Governments1/21/2026

Full Bill Text

No bill text available