---
type: "Bill"
title: "Amends chapter 643 of the laws of 2019 amending the local finance law, relating to establishing an electronic open auction bond sale pilot program, in relation to the effectiveness thereof"
description: "Extends the open auction bond sale pilot program."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "S 6587"
citation: "New York S 6587 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["GAUGHRAN"]
version_count: 1
action_count: 13
vote_count: 3
first_action: "2021-05-07"
last_action: "2021-07-16"
source: "openstates"
source_identifier: "ocd-bill/3affdff2-cac9-4a84-ab07-fedfc83c699c"
source_url: "http://www.nysenate.gov/legislation/bills/2021/S6587"
source_hash: "3166c2b3df7073650cf3ae514be9129f0d8840c11f99dc9f16d114791f995e90"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York S 6587 (2021-2022) — Amends chapter 643 of the laws of 2019 amending the local finance law, relating to establishing an electronic open auction bond sale pilot program, in relation to the effectiveness thereof

Extends the open auction bond sale pilot program.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S6587** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S6587&term=2021&Text=Y)

## Votes

- Local Government Vote — **7–0** (pass) · upper
- Assembly Vote — **148–0** (pass) · lower
- Floor Vote — **63–0** (pass) · upper

## Sponsors

- GAUGHRAN — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-05-07** REFERRED TO LOCAL GOVERNMENT `referral-committee`
- **2021-05-18** 1ST REPORT CAL.1106
- **2021-05-20** 2ND REPORT CAL.
- **2021-05-24** ADVANCED TO THIRD READING
- **2021-06-01** PASSED SENATE `passage`
- **2021-06-01** DELIVERED TO ASSEMBLY
- **2021-06-01** REFERRED TO WAYS AND MEANS `referral-committee`
- **2021-06-02** SUBSTITUTED FOR A7384
- **2021-06-02** ORDERED TO THIRD READING RULES CAL.238
- **2021-06-02** PASSED ASSEMBLY `passage`
- **2021-06-02** RETURNED TO SENATE
- **2021-07-12** DELIVERED TO GOVERNOR `executive-receipt`
- **2021-07-16** SIGNED CHAP.298 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3affdff2-cac9-4a84-ab07-fedfc83c699c`. Confidence: reported (aggregated from official New York legislature records).