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Bill > A09367


NY A09367

NY A09367
Facilitates the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before June 30, 2023.


summary

Introduced
02/23/2022
In Committee
05/31/2022
Crossed Over
Passed
Dead
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 date by which the City of Buffalo can facilitate the marketing of any issue of serial bonds or notes from June 30, 2022 to June 30, 2023. This allows the city to arrange for the underwriting or private sale of its bonds or notes through negotiated agreements, with the cost of such underwriting or private placement deemed a preliminary cost for purposes of the Local Finance Law.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

substituted by s8253 (on 05/31/2022)

bill text


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