Relates to bonds and notes of the city of Yonkers
This bill extends existing provisions allowing the City of Yonkers to use private sales for issuing bonds and notes, specifically until June 30, 2026. It permits the city to arrange private bond sales through negotiated agreements with underwriters or direct sales, bypassing standard public auction requirements, with costs counted as preliminary expenses. The extension directly affects Yonkers' ability to finance projects by providing continued flexibility in how it markets its debt. The bill does not create new rules but extends a current process already in place.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 8, 2025
Last action May 28, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
1
Jan 8, 2025
Committee
REFERRED TO CITIES 2
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Andrea Stewart-Cousins
DDemocratic/Working Families
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