Bill
Bill > A03598
summary
Introduced
02/03/2023
02/03/2023
In Committee
05/17/2023
05/17/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the local finance law, in relation to bonds and notes of the city of Yonkers
AI Summary
This bill extends certain provisions in the Local Finance Law relating to bonds and notes issued by the city of Yonkers. Specifically, it allows Yonkers to arrange for the underwriting or private sale of its bonds and notes issued on or before June 30, 2024, through negotiated agreements, rather than being subject to limitations on private sales. This is intended to facilitate the marketing of Yonkers' bond and note issues during this period. The cost of such underwriting or private placement is deemed a preliminary cost for purposes of the Local Finance Law.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
substituted by s400 (on 05/17/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A3598 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A03598&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A03598 |
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