Senate BillIntroduced
S 6928: Extends provisions providing for the sale of municipal obligations by the county of Erie.
What S 6928 does, verified September 28, 2025
The bill aims to facilitate the sale of municipal obligations by the county of Erie. The county may sell its bonds or notes without adhering to private sale limitations, provided that the state comptroller approves the sale terms and conditions. The bill takes effect immediately, allowing the county to explore alternative sales methods for its outstanding bonds issued before June 30, 2026.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: SUBSTITUTED BY A1177 (2025-06-04)Alert me
Quick answers about S 6928
- What is the current status of S 6928?
- As of September 28, 2025, S 6928 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on June 4, 2025, was "SUBSTITUTED BY A1177".
- Did S 6928 pass?
- Not yet. S 6928 has been introduced and has not passed either house.
- Who wrote S 6928, and where is it now?
- S 6928 was authored by Sen. Sean Ryan.
Author and sponsors
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| Jun. 04, 2025 | SUBSTITUTED BY A1177 |
| May. 01, 2025 | ADVANCED TO THIRD READING |
| Apr. 30, 2025 | 2ND REPORT CAL. |
| Apr. 29, 2025 | 1ST REPORT CAL.722 |
| Mar. 27, 2025 | REFERRED TO LOCAL GOVERNMENT |
Latest bill textIntroduced version, March 27, 2025 · 208 words
STATE OF NEW YORK ________________________________________________________________________ 6928 2025-2026 Regular Sessions IN SENATE March 27, 2025 ___________ Introduced by Sen. S. RYAN -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the local finance law, in relation to the sale of munic- ipal obligations by the county of Erie The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of section 54.50 of the local finance 2 law, as amended by chapter 156 of the laws of 2024, is amended to read 3 as follows: 4 To facilitate the marketing of any issue of serial bonds or notes of 5 the county of Erie issued on or before June thirtieth, two thousand 6 [twenty-five] twenty-six such county may, notwithstanding any limita- 7 tions on private sales of bonds provided by law, and subject to approval 8 by the state comptroller of the terms and conditions of such sale: 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03009-01-5
Text of S 6928 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions