STATE OF NEW YORK
________________________________________________________________________
7687
2021-2022 Regular Sessions
IN ASSEMBLY
May 19, 2021
___________
Introduced by M. of A. BURKE -- read once and referred to the Committee
on Local Governments
AN ACT to amend chapter 626 of the laws of 1996, amending the local
finance law, relating to the issuance of land installment purchase
obligations, in relation to extending the provisions thereof
The People of the State of New York, represented in Senate and Assem-
bly, do enact as follows:
1 Section 1. Section 3 of chapter 626 of the laws of 1996, amending the
2 local finance law, relating to the issuance of land installment purchase
3 obligations, as amended by chapter 200 of the laws of 2011, is amended
4 to read as follows:
5 § 3. This act shall take effect immediately and shall expire on July
6 31, [2021] 2031 when upon such date the provisions of this act shall be
7 deemed repealed.
8 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11056-01-1