New York legislation · 2025-2026 General Assembly
New York A9520: Relates to bonds and notes of the city of Yonkers
Status: Signed into law, June 26, 2026
Extends certain provisions relating to bonds and notes of the city of Yonkers until June 30, 2027.
What the bill says
An act to amend the local finance law, in relation to bonds and notes of the city of Yonkers.
From the introduced text, January 14, 2026:
AN ACT to amend the local finance law, in relation to bonds and notes of the city of Yonkers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Section 54.40 of the local finance law, as amended by chapter 136 of the laws of 2025, is amended to read as follows: § 54.40 Bonds and notes of the city of Yonkers. Subject to the provisions of the New York state financial emergency act of nineteen hundred eighty-four for the city of Yonkers, to facilitate the marketing of any issue of serial bonds or notes of the city of Yonkers issued on or before June thirtieth, two thousand [twenty-six] TWENTY-SEVEN, such city may, notwithstanding any limitations on private sales of bonds provided by law, and subject to approval by the state comptroller of the terms and conditions of such sale: (a) arrange for the underwriting of its bonds or notes at private sale through negotiated agreement, compensation for such underwriting to be provided by negotiated fee or by sale of such bonds or notes to an underwriter at a price of less than the sum of par value of, and the accrued interest on, such obligations; or (b) arrange for the private sale of its bonds or notes through negotiated agreement, …
Sponsors
- James Pretlow (D, 89) · primary sponsor
Latest actions
- : SIGNED CHAP.134
- : DELIVERED TO GOVERNOR
- : RETURNED TO ASSEMBLY
- : PASSED SENATE
- : HOME RULE REQUEST
- : 3RD READING CAL.1131
- : SUBSTITUTED FOR S8859
- : REFERRED TO CITIES 2
- : DELIVERED TO SENATE
- : PASSED ASSEMBLY
Votes
- Senate Floor Vote (May 28, 2026): 59 yea, 1 nay, passed
- FLOOR Vote (May 28, 2026): 59 yea, 1 nay, passed
- Assembly Floor Vote - Final Passage (May 4, 2026): 120 yea, 15 nay, passed
- Assembly Ways And Means Committee: Favorable (April 28, 2026): 30 yea, 3 nay, passed
- Assembly Cities Committee: Favorable refer to committee Ways and Means (April 21, 2026): 15 yea, 0 nay, passed
Subjects: Local Finance Law
Common questions
- What is A9520?
- A9520 is a bill in the New York Legislature (2025-2026 General Assembly): Relates to bonds and notes of the city of Yonkers.
- What does A9520 do?
- In its own words: An act to amend the local finance law, in relation to bonds and notes of the city of Yonkers.
- What is the status of A9520?
- Signed into law as of June 26, 2026. Latest action: SIGNED CHAP.134 (June 26, 2026).
- Who sponsored A9520?
- James Pretlow (D, 89).
- Where is the official record for A9520?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A9520
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.