New York S 9181: Provides for the sale of municipal obligations by the county of Erie

Bill Text

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S09181 Summary:

BILL NOS09181 

&nbsp

SAME ASSAME AS A10660

&nbsp

SPONSORBASKIN

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §54.50, Loc Fin L

&nbsp

Extends provisions providing for the sale of municipal obligations by the county of Erie.

Go to top S09181 Actions:

BILL NOS09181 

&nbsp

02/11/2026REFERRED TO LOCAL GOVERNMENT

06/02/2026COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/02/2026ORDERED TO THIRD READING CAL.1551

06/02/2026SUBSTITUTED BY A10660

&nbspA10660 AMEND= Peoples-Stokes

&nbsp03/19/2026referred to local governments

&nbsp06/01/2026reference changed to ways and means

&nbsp06/02/2026reported referred to rules

&nbsp06/02/2026reported 

&nbsp06/02/2026rules report cal.368

&nbsp06/02/2026ordered to third reading rules cal.368

&nbsp06/02/2026home rule request

&nbsp06/02/2026passed assembly

&nbsp06/02/2026delivered to senate

&nbsp06/02/2026REFERRED TO RULES

&nbsp06/02/2026SUBSTITUTED FOR S9181

&nbsp06/02/20263RD READING CAL.1551

&nbsp06/02/2026HOME RULE REQUEST

&nbsp06/02/2026PASSED SENATE

&nbsp06/02/2026RETURNED TO ASSEMBLY

&nbsp06/18/2026delivered to governor

&nbsp06/26/2026signed chap.142

Go to topS09181 Committee&nbspVotes:

Go to topS09181 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS09181 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9181

 IN SENATE

 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

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