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A09689 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 9689 IN ASSEMBLY 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: 1 Section 1. Section 2 of chapter 643 of the laws of 2019 amending the 2 local finance law, relating to establishing an electronic open auction 3 bond sale pilot program, as amended by chapter 240 of the laws of 2025, 4 is amended to read as follows: 5 § 2. This act shall take effect on the first of January next succeed- 6 ing the date on which it shall have become a law and shall expire 7 [eight] ten years after such effective date, when upon such date the 8 provisions of this act shall be deemed repealed. 9 § 2.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