STATE OF NEW YORK ________________________________________________________________________ 7080 2023-2024 Regular Sessions IN SENATE May 17, 2023 ___________ Introduced by Sen. MARTINEZ -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend chapter 719 of the laws of 1980 amending the local finance law relating to the period of probable usefulness of certain judgments, compromised claims or settled claims, in relation to extending the provisions of such chapter The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 2 of chapter 719 of the laws of 1980 amending the 2 local finance law relating to the period of probable usefulness of 3 certain judgments, compromised claims or settled claims, as amended by 4 chapter 87 of the laws of 2018, is amended to read as follows: 5 § 2. This act shall take effect immediately and the provisions of 6 section one of this act shall remain in force and effect to and includ- 7 ing June 15, [2023] 2028. 8 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11420-01-3