Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 18, 2024 |
delivered to assembly passed senate home rule request ordered to third reading cal.839 committee discharged and committed to rules |
Jan 09, 2024 |
referred to local government |
Senate Bill S8145
2023-2024 Legislative Session
Sponsored By
(D, WF) 63rd Senate District
Current Bill Status - Passed Senate
- 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
2023-S8145 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A9066
- Law Section:
- Local Finance Law
- Laws Affected:
- Amd §54.50, Loc Fin L
2023-S8145 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8145 SPONSOR: KENNEDY TITLE OF BILL: An act to amend the local finance law, in relation to the sale of munic- ipal obligations by the county of Erie PURPOSE OR GENERAL IDEA OF BILL: To provide Erie County with sufficient flexibility in its bond sales to maximize its return on bonds sold. SUMMARY OF PROVISIONS: Section 1. Amends section 54.50 of the local finance law to permit the county of Erie to market serial bonds at private sale through the sunset date Section 2: Sets the effective date.
2023-S8145 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8145 I N S E N A T E January 9, 2024 ___________ Introduced by Sen. KENNEDY -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government 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. The opening paragraph of section 54.50 of the local finance law, as amended by chapter 172 of the laws of 2023, is amended to read as follows: 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-four] TWENTY-FIVE such county may, notwithstanding any limita- tions on private sales of bonds provided by law, and subject to approval by the state comptroller of the terms and conditions of such sale: § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14006-01-4
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