Extends the open auction bond sale pilot program

This bill extends the duration of New York's electronic open auction bond sale pilot program from six to eight years. It directly affects state agencies that manage bond sales under the local finance law, allowing them to continue using the electronic auction system for an additional two years. The key mechanism is amending the program's expiration date in the law, changing it from six years to eight years after the law's effective date, without altering the program's structure or requirements. The pilot program, initially established in 2019, enables state agencies to sell bonds through competitive online auctions.