Extends the provisions of statutory installment bonds until September 30, 2029.
New York Assembly Bill A10419 amends the local finance law to extend the provisions of statutory installment bonds, which were initially set to expire on September 30, 2026. The bill, which takes effect immediately, now allows these bonds to remain in effect until September 30, 2029. Statutory installment bonds are financial instruments used in local finance, and this extension provides continued use of these bonds for local government projects.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.