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S9900 • 2025

Relates to extending provisions relating to statutory installment bonds

Relates to extending provisions relating to statutory installment bonds

Active

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

Sponsor
Monica Martinez
Last action
2026-06-04
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.

Relates to extending provisions relating to statutory installment bonds

Relates to extending provisions relating to statutory installment bonds Relates to extending provisions relating to statutory installment bonds.

What This Bill Does

  • Relates to extending provisions relating to statutory installment bonds Relates to extending provisions relating to statutory installment bonds.

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. 2026-06-04 Senate

    SUBSTITUTED BY A10419

  2. 2026-05-28 Senate

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

  3. 2026-05-28 Senate

    ORDERED TO THIRD READING CAL.1423

  4. 2026-05-05 Senate

    REPORTED AND COMMITTED TO FINANCE

  5. 2026-04-13 Senate

    REFERRED TO LOCAL GOVERNMENT

Official Summary Text

Relates to extending provisions relating to statutory installment bonds
Relates to extending provisions relating to statutory installment bonds.

Current Bill Text

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

                                          9900

                                    I N  S E N A T E

                                     April 13, 2026
                                       ___________

        Introduced  by Sen. MARTINEZ -- (at request of the Environmental Facili-
          ties Corporation) -- read twice and ordered printed, and when  printed
          to be committed to the Committee on Local Government

        AN  ACT  to  amend  chapter  581 of the laws of 2005, amending the local
          finance law relating to statutory installment bonds,  in  relation  to
          extending the effectiveness thereof

          THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section 1. Section 2 of chapter 581 of the laws of 2005, amending  the
     2  local finance law relating to statutory installment bonds, as amended by
     3  chapter 341 of the laws of 2023, is amended to read as follows:
     4    §  2.  This act shall take effect immediately and shall remain in full
     5  force and effect until September 30, [2026] 2029, at which time it shall
     6  expire and be deemed repealed.
     7    § 2.  This act shall take effect immediately.







         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15005-01-6