S 9839 New York Senate · 2025 Regular Session

Facilitates the marketing of any issue of serial bonds or notes of the city of Buffalo issued on or before a certain date

This bill allows the City of Buffalo to sell certain bonds issued before June 30, 2027, using private sales methods that are normally restricted by state law. Under the new rules, the city can negotiate agreements with underwriters or buyers to sell these bonds at a discount or for a negotiated fee, provided the state comptroller approves the specific terms. The costs associated with these private sales will be classified as preliminary expenses rather than general operating costs. This change applies only to the City of Buffalo and is intended to give the city more flexibility in financing its debt obligations.
Bill status signed all 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
Senate Passage
May 2026
Assembly Passage
May 2026
Signed into Law
Jun 2026
Introduced Apr 7, 2026 Signed Jun 26, 2026
Floor votes · Senate May 28, 2026 · Assembly May 29, 2026

How they voted

600
Passed · 3 other
Total votes 63
May 28, 2026
D Democratic41
40 Yea 1
97% Yea
R Republican22
20 Yea 2
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
14
Key actions
3
Committee
2
Jun 26, 2026
Signed into law
SIGNED CHAP.161
upper
May 29, 2026
Lower · Passed
PASSED ASSEMBLY
lower
May 28, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
May 28, 2026
Upper · Passed
PASSED SENATE
upper
Apr 7, 2026
Committee
REFERRED TO CITIES 2
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of April Baskin
April Baskin
DDemocratic
NY
63