Bill Text: NY A10173 | 2023-2024 | General Assembly | Amended
Bill Title: Provides that for the purposes of the electronic open auction public bond sale pilot program, the term "municipality" shall mean a county or a city or town with a population of one hundred thousand or more.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed) 2024-06-05 - RETURNED TO ASSEMBLY [A10173 Detail]
Download: New_York-2023-A10173-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 10173--A IN ASSEMBLY May 10, 2024 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Thiele) -- read once and referred to the Committee on Local Governments -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the local finance law, in relation to the electronic open auction public bond sale pilot program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of paragraph a of section 58.10 of the local 2 finance law, as amended by section 1 of subpart BB of part XX of chapter 3 55 of the laws of 2020, is amended to read as follows: 4 1. "Municipality" means a county [with a population of four hundred5thousand or more], or a city or town with a population of one hundred 6 thousand or more that has issued at least twenty-five million dollars in 7 bonds within at least one of the preceding [three] five years. 8 § 2. This act shall take effect immediately; provided, however, that 9 the amendments to subdivision 1 of paragraph a of section 58.10 of the 10 local finance law made by section one of this act shall not affect the 11 repeal of such section and shall be deemed repealed therewith. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15324-02-4
