Bill
Bill > A05463
NY A05463
NY A05463Facilitates the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before June 30, 2022.
summary
Introduced
02/17/2021
02/17/2021
In Committee
06/02/2021
06/02/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the local finance law, in relation to facilitating the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before a certain date
AI Summary
This bill amends the Local Finance Law to extend the deadline for the City of Buffalo to issue serial bonds or notes through private sale or negotiated underwriting from June 30, 2021 to June 30, 2022. This allows the city to continue using these flexible financing methods to market its bonds and notes, which can help facilitate their sale. The cost of such underwriting or private placement is considered a preliminary cost under the law.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
substituted by s4850 (on 06/03/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A5463 | 02/18/2021 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05463&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05463 | 02/18/2021 |
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