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A10660 • 2025

Provides for the sale of municipal obligations by the county of Erie

Provides for the sale of municipal obligations by the county of Erie

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Crystal Peoples-Stokes
Last action
2026-06-26
Official status
Signed by Governor
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Provides for the sale of municipal obligations by the county of Erie

Provides for the sale of municipal obligations by the county of Erie Extends provisions providing for the sale of municipal obligations by the county of Erie.

What This Bill Does

  • Provides for the sale of municipal obligations by the county of Erie Extends provisions providing for the sale of municipal obligations by the county of Erie.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-06-26 Assembly

    SIGNED CHAP.142

  2. 2026-06-18 Assembly

    DELIVERED TO GOVERNOR

  3. 2026-06-02 Assembly

    REPORTED REFERRED TO RULES

  4. 2026-06-02 Assembly

    REPORTED

  5. 2026-06-02 Assembly

    RULES REPORT CAL.368

  6. 2026-06-02 Assembly

    ORDERED TO THIRD READING RULES CAL.368

  7. 2026-06-02 Assembly

    HOME RULE REQUEST

  8. 2026-06-02 Assembly

    PASSED ASSEMBLY

  9. 2026-06-02 Assembly

    DELIVERED TO SENATE

  10. 2026-06-02 Senate

    REFERRED TO RULES

  11. 2026-06-02 Senate

    SUBSTITUTED FOR S9181

  12. 2026-06-02 Senate

    3RD READING CAL.1551

  13. 2026-06-02 Senate

    HOME RULE REQUEST

  14. 2026-06-02 Senate

    PASSED SENATE

  15. 2026-06-02 Senate

    RETURNED TO ASSEMBLY

  16. 2026-06-01 Assembly

    REFERENCE CHANGED TO WAYS AND MEANS

  17. 2026-03-19 Assembly

    REFERRED TO LOCAL GOVERNMENTS

Official Summary Text

Provides for the sale of municipal obligations by the county of Erie
Extends provisions providing for the sale of municipal obligations by the county of Erie.

Current Bill Text

Read the full stored bill text 
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          10660

                                  I N  A S S E M B L Y

                                     March 19, 2026
                                       ___________

        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:

     1    Section 1. The opening paragraph of section 54.50 of the local finance
     2  law,  as  amended by chapter 135 of the laws of 2025, is amended to read
     3  as follows:
     4    To facilitate the marketing of any issue of serial bonds or  notes  of
     5  the  county  of  Erie  issued  on or before June thirtieth, two thousand
     6  [twenty-six] TWENTY-SEVEN such county may, notwithstanding  any  limita-
     7  tions on private sales of bonds provided by law, and subject to approval
     8  by the state comptroller of the terms and conditions of such sale:
     9    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03009-02-6