Assembly Bill A10173A

2023-2024 Legislative Session

Relates to the electronic open auction public bond sale pilot program and the definition of "municipality"

download bill text pdf

Sponsored By

Current Bill Status - Passed Senate & Assembly

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

2023-A10173 - Details

See Senate Version of this Bill:
S9348
Law Section:
Local Finance Law
Laws Affected:
Amd §58.10, Loc Fin L

2023-A10173 - Summary

Provides that for the purposes of the electronic open auction public bond sale pilot program, the term "municipality" shall mean a county or a city or town with a population of one hundred thousand or more.

2023-A10173 - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10173
 
                           I N  A S S E M B L Y
 
                               May 10, 2024
                                ___________
 
 Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Thiele) --
   read once and referred to the Committee on Local Governments
 
 AN ACT to amend the local finance law, in  relation  to  the  electronic
   open auction public bond sale pilot program
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Subdivision 1 of paragraph a of section 58.10 of the  local
 finance law, as amended by section 1 of subpart BB of part XX of chapter
 55 of the laws of 2020, is amended to read as follows:
   1.  "Municipality"  means  a county [with a population of four hundred
 thousand or more,] or a city or town with a population  of  one  hundred
 thousand  or  more [that has issued at least twenty-five million dollars
 in bonds within at least one of the preceding three years].
   § 2. This act shall take effect immediately; provided,  however,  that
 the  amendments  to subdivision 1 of paragraph a of section 58.10 of the
 local finance law made by section one of this act shall not  affect  the
 repeal of such section and shall be deemed repealed therewith.
 
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15324-01-4

co-Sponsors

2023-A10173A (ACTIVE) - Details

See Senate Version of this Bill:
S9348
Law Section:
Local Finance Law
Laws Affected:
Amd §58.10, Loc Fin L

2023-A10173A (ACTIVE) - Summary

Provides that for the purposes of the electronic open auction public bond sale pilot program, the term "municipality" shall mean a county or a city or town with a population of one hundred thousand or more.

2023-A10173A (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                 10173--A
 
                           I N  A S S E M B L Y
 
                               May 10, 2024
                                ___________
 
 Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Thiele) --
   read once and referred  to  the  Committee  on  Local  Governments  --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee
 
 AN ACT to amend the local finance law, in  relation  to  the  electronic
   open auction public bond sale pilot program

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 1 of paragraph a of section 58.10 of the  local
 finance law, as amended by section 1 of subpart BB of part XX of chapter
 55 of the laws of 2020, is amended to read as follows:
   1.  "Municipality"  means  a county [with a population of four hundred
 thousand or more], or a city or town with a population  of  one  hundred
 thousand or more that has issued at least twenty-five million dollars in
 bonds within at least one of the preceding [three] FIVE years.
   §  2.  This act shall take effect immediately; provided, however, that
 the amendments to subdivision 1 of paragraph a of section 58.10  of  the
 local  finance  law made by section one of this act shall not affect the
 repeal of such section and shall be deemed repealed therewith.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15324-02-4

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