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S9181 • 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

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
April Baskin
Last action
2026-06-02
Official status
Senate Floor Calendar
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. 2026-06-02 Senate

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

  2. 2026-06-02 Senate

    ORDERED TO THIRD READING CAL.1551

  3. 2026-06-02 Senate

    SUBSTITUTED BY A10660

  4. 2026-02-11 Senate

    REFERRED TO LOCAL GOVERNMENT

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
        ________________________________________________________________________

                                          9181

                                    I N  S E N A T E

                                    February 11, 2026
                                       ___________

        Introduced  by  Sen.  BASKIN -- 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:

     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