Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 30, 2022 |
signed chap.329 |
Jun 23, 2022 |
delivered to governor |
Jun 01, 2022 |
returned to senate passed assembly home rule request |
May 31, 2022 |
ordered to third reading rules cal.472 substituted for a9365 |
May 31, 2022 |
substituted by s8129 rules report cal.472 reported |
May 25, 2022 |
reported referred to rules reported referred to ways and means |
Feb 23, 2022 |
referred to local governments |
Assembly Bill A9365
Signed By Governor2021-2022 Legislative Session
Sponsored By
PEOPLES-STOKES
Archive: Last Bill Status Via S8129 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2021-A9365 (ACTIVE) - Details
2021-A9365 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9365 I N A S S E M B L Y February 23, 2022 ___________ Introduced by M. of A. PEOPLES-STOKES -- read once and referred to the Committee on Local Governments AN ACT to amend the local finance law, in relation to the sale of munic- ipal obligations by the county of Erie THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 54.50 of the local finance law, as amended by chap- ter 171 of the laws of 2021, is amended to read as follows: § 54.50 Costs of sales; county of Erie. To facilitate the marketing of any issue of serial bonds or notes of the county of Erie issued on or before June thirtieth, two thousand [twenty-two] TWENTY-THREE such coun- ty may, notwithstanding any limitations on private sales of bonds provided by law, and subject to approval by the state comptroller of the terms and conditions of such sale: a. arrange for the underwriting of its bonds or notes at private sale through negotiated agreement, compensation for such underwriting to be provided by negotiated fee or by sale of such bonds or notes to an underwriter at a price less than the sum of par value of, and the accrued interest on, such obligations; or b. arrange for the private sale of its bonds or notes through negoti- ated agreement, compensation for such sales to be provided by negotiated fee, if required. The cost of such underwriting or private placement shall be deemed a preliminary cost for purposes of section 11.00 of this [chapter] ARTICLE. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14458-01-2
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