Extends the electronic open auction bond sale pilot program in New York.

The bill amends the local finance law to extend the electronic open auction bond sale pilot program. This program, initially established in 2019, allows for the sale of bonds through an electronic auction process. The extension ensures the program continues for another ten years, providing a framework for local governments to utilize this method for bond sales.

Extends the electronic open auction bond sale pilot program in New York.

The bill amends the local finance law to extend the electronic open auction bond sale pilot program. This program, initially established in 2019, allows for the sale of bonds through an electronic auction process. The extension ensures the program continues for another ten years, providing a framework for local governments to utilize this method for bond sales.