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New YorkA 82772025-2026 Regular SessionHouseWALLET

Extends the open auction bond sale pilot program

Sponsored By: Billy Jones (Democratic)

Became Law

LOCAL GOVERNMENTSWAYS AND MEANSRULESLOCAL GOVERNMENT

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Longer window for bond auction pilot

The law extends the electronic open auction bond sale pilot to last eight years after the law’s effective date. On that date, the pilot is repealed. The act takes effect immediately, so the new timeline starts now. State and local issuers and market bidders can keep using the pilot during this period.

Sponsors & Cosponsors

Sponsor

  • Billy Jones

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 58 • No: 0

House vote • 6/10/2025

FLOOR Vote

Yes: 58 • No: 0

Actions Timeline

  1. SIGNED CHAP.240

    8/7/2025House

  2. DELIVERED TO GOVERNOR

    8/4/2025House

  3. RETURNED TO ASSEMBLY

    6/10/2025Senate

  4. PASSED SENATE

    6/10/2025Senate

  5. 3RD READING CAL.1592

    6/10/2025Senate

  6. SUBSTITUTED FOR S8316

    6/10/2025Senate

  7. REFERRED TO LOCAL GOVERNMENT

    5/29/2025Senate

  8. DELIVERED TO SENATE

    5/29/2025House

  9. PASSED ASSEMBLY

    5/29/2025House

  10. ORDERED TO THIRD READING RULES CAL.355

    5/29/2025House

  11. RULES REPORT CAL.355

    5/29/2025House

  12. REPORTED

    5/29/2025House

  13. REPORTED REFERRED TO RULES

    5/27/2025House

  14. REPORTED REFERRED TO WAYS AND MEANS

    5/13/2025House

  15. REFERRED TO LOCAL GOVERNMENTS

    5/8/2025House

Bill Text

  • Original

    5/8/2025

    PDF

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