New York legislation · 2025-2026 General Assembly
New York A11358: Extends provisions of law relating to temporary investments by local governments
Status: Signed into law, June 26, 2026
Extends provisions of law relating to temporary investments by local governments.
What the bill says
An act to amend chapter 130 of the laws of 1998, amending the general municipal law relating to temporary investments by local governments, in relation to extending the expiration of the provisions thereof.
From the introduced text, May 13, 2026:
AN ACT to amend chapter 130 of the laws of 1998, amending the general municipal law relating to temporary investments by local governments, in relation to extending the expiration of the provisions thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Section 2 of chapter 130 of the laws of 1998, amending the general municipal law relating to temporary investments by local governments, as amended by of chapter 162 of the laws of 2023, is amended to read as follows: § 2. This act shall take effect June 30, 1998 and shall expire and be deemed repealed on July 1, [2026] 2029, provided, however, that investments purchased prior to the expiration of this act pursuant to the provisions of paragraph a of subdivision 3 of section 11 of the general municipal law, as designated and amended by section one of this act, shall continue to be subject to the conditions contained in such subdivision to the same extent as they had been subject thereto prior to such expiration and repeal. § 2. This act shall take effect immediately; provided however, that if this act shall have become a law after July 1, 2026 it shall be deemed to have been in full force and effect on and after July …
Sponsors
- Philip Ramos (D, 6) · primary sponsor
Latest actions
- : SIGNED CHAP.148
- : DELIVERED TO GOVERNOR
- : RETURNED TO ASSEMBLY
- : PASSED SENATE
- : 3RD READING CAL.1436
- : SUBSTITUTED FOR S10432
- : REFERRED TO RULES
- : DELIVERED TO SENATE
- : PASSED ASSEMBLY
- : ORDERED TO THIRD READING RULES CAL.251
Votes
- Senate Floor Vote (June 4, 2026): 60 yea, 0 nay, passed
- FLOOR Vote (June 4, 2026): 60 yea, 0 nay, passed
- Assembly Floor Vote - Final Passage (May 29, 2026): 128 yea, 0 nay, passed
- Assembly Ways And Means Committee: Favorable refer to committee Rules (May 28, 2026): 29 yea, 0 nay, passed
- Assembly Rules Committee: Favorable (May 28, 2026): 29 yea, 0 nay, passed
- Assembly Cities Committee: Favorable refer to committee Ways and Means (May 21, 2026): 15 yea, 0 nay, passed
Subjects: General Municipal
Common questions
- What is A11358?
- A11358 is a bill in the New York Legislature (2025-2026 General Assembly): Extends provisions of law relating to temporary investments by local governments.
- What does A11358 do?
- In its own words: An act to amend chapter 130 of the laws of 1998, amending the general municipal law relating to temporary investments by local governments, in relation to extending the expiration of the provisions thereof.
- What is the status of A11358?
- Signed into law as of June 26, 2026. Latest action: SIGNED CHAP.148 (June 26, 2026).
- Who sponsored A11358?
- Philip Ramos (D, 6).
- Where is the official record for A11358?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A11358
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.