Bill Text: NY S06102 | 2023-2024 | General Assembly | Introduced

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Bill Title: Extends the open auction bond sale pilot program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2023-06-05 - SUBSTITUTED BY A6565 [S06102 Detail]

Download: New_York-2023-S06102-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          6102

                               2023-2024 Regular Sessions

                    IN SENATE

                                     March 29, 2023
                                       ___________

        Introduced  by Sen. MARTINEZ -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government

        AN ACT to amend chapter 643 of the  laws  of  2019  amending  the  local
          finance  law, relating to establishing an electronic open auction bond
          sale pilot program, in relation to the effectiveness thereof

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Section 2 of chapter 643 of the laws of 2019 amending the
     2  local finance law, relating to establishing an electronic  open  auction
     3  bond  sale pilot program, as amended by chapter 298 of the laws of 2021,
     4  is amended to read as follows:
     5    § 2. This act shall take effect on the first of January next  succeed-
     6  ing the date on which it shall have become a law and shall expire [four]
     7  six  years after such effective date, when upon such date the provisions
     8  of this act shall be deemed repealed.
     9    § 2. This act shall take effect immediately.






         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10561-01-3