New York S 8316: Extends the open auction bond sale pilot program

Status: SUBSTITUTED BY A8277 (as of 2025-06-10)

State: New York · Session: 2025-2026 · Bill: S 8316

Sponsors: Monica Martinez

Bill Text

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S08316 Summary:

BILL NOS08316 

&nbsp

SAME ASSAME AS A08277

&nbsp

SPONSORMARTINEZ

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §2, Chap 643 of 2019

&nbsp

Extends the open auction bond sale pilot program.

Go to top S08316 Actions:

BILL NOS08316 

&nbsp

06/02/2025REFERRED TO RULES

06/04/2025ORDERED TO THIRD READING CAL.1592

06/10/2025SUBSTITUTED BY A8277

&nbspA08277 AMEND= Jones

&nbsp05/08/2025referred to local governments

&nbsp05/13/2025reported referred to ways and means

&nbsp05/27/2025reported referred to rules

&nbsp05/29/2025reported 

&nbsp05/29/2025rules report cal.355

&nbsp05/29/2025ordered to third reading rules cal.355

&nbsp05/29/2025passed assembly

&nbsp05/29/2025delivered to senate

&nbsp05/29/2025REFERRED TO LOCAL GOVERNMENT

&nbsp06/10/2025SUBSTITUTED FOR S8316

&nbsp06/10/20253RD READING CAL.1592

&nbsp06/10/2025PASSED SENATE

&nbsp06/10/2025RETURNED TO ASSEMBLY

&nbsp08/04/2025delivered to governor

&nbsp08/07/2025signed chap.240

Go to topS08316 Committee&nbspVotes:

Go to topS08316 Floor&nbspVotes:

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

Go to topS08316 Text:

 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

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