STATE OF NEW YORK
________________________________________________________________________
8316
2025-2026 Regular Sessions
IN SENATE
June 2, 2025
___________
Introduced by Sen. MARTINEZ -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
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 297 of the laws of 2023,
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 [six]
7 eight 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8 provisions of this act shall be deemed repealed.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.
LBD11975-01-5
