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Assembly Bill A9689

2025-2026 Legislative Session

Extends the open auction bond sale pilot program

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Current Bill Status - In Assembly Committee

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2025-A9689 (ACTIVE) - Details

Current Committee:
Assembly Local Governments
Law Section:
Local Finance
Laws Affected:
Amd §2, Chap 643 of 2019
Versions Introduced in Other Legislative Sessions:
2021-2022: A7384
2023-2024: A6565

2025-A9689 (ACTIVE) - Summary

Extends the open auction bond sale pilot program.

2025-A9689 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9689
 
                           I N  A S S E M B L Y
 
                             January 21, 2026
                                ___________
 
 Introduced  by M. of A. CASHMAN -- read once and referred to the Commit-
   tee on Local Governments
 
 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:
 
   Section  1.  Section 2 of chapter 643 of the laws of 2019 amending the
 local finance law, relating to establishing an electronic  open  auction
 bond  sale pilot program, as amended by chapter 240 of the laws of 2025,
 is amended to read as follows:
   § 2. This act shall take effect on the first of January next  succeed-
 ing  the  date  on  which  it  shall  have become a law and shall expire
 [eight] TEN years after such effective date, when  upon  such  date  the
 provisions of this act shall be deemed repealed.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11975-02-6

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