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Bill > S07067


NY S07067

NY S07067
Extends the effectiveness of certain provisions relating to refunding bonds to 2026.


summary

Introduced
05/17/2023
In Committee
06/05/2023
Crossed Over
06/05/2023
Passed
08/11/2023
Dead
Signed/Enacted/Adopted
08/23/2023

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend chapter 629 of the laws of 2005, amending the local finance law relating to refunding bonds, in relation to extending the effectiveness thereof

AI Summary

This bill extends the effectiveness of certain provisions relating to refunding bonds from September 30, 2023 to September 30, 2026. Refunding bonds are a type of municipal bond that is issued to refinance existing debt at a lower interest rate. The bill amends the local finance law to extend the expiration of these refunding bond provisions for an additional three years.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

SIGNED CHAP.343 (on 08/23/2023)

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