---
type: "Bill"
title: "Extends provisions of law relating to the issuance of land installment purchase obligations"
description: "Extends provisions of law relating to the issuance of land installment purchase obligations from July 1, 2021 until July 1, 2031."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "S 7069"
citation: "New York S 7069 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["GAUGHRAN"]
version_count: 1
action_count: 12
vote_count: 3
first_action: "2021-05-26"
last_action: "2021-06-11"
source: "openstates"
source_identifier: "ocd-bill/4ead5ff5-0b58-4b5f-b086-8436152ffadf"
source_url: "http://www.nysenate.gov/legislation/bills/2021/S7069"
source_hash: "2cc002eab16991bff541d0d68a4c0e508516f0016599021aad15e80a4c5f796e"
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 7069 (2021-2022) — Extends provisions of law relating to the issuance of land installment purchase obligations

Extends provisions of law relating to the issuance of land installment purchase obligations from July 1, 2021 until July 1, 2031.

## Version chain

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

1. **S7069** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S7069&term=2021&Text=Y)

## Votes

- Rules Vote — **21–0** (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.

- **2021-05-26** REFERRED TO LOCAL GOVERNMENT `referral-committee`
- **2021-06-01** COMMITTEE DISCHARGED AND COMMITTED TO RULES `referral-committee`
- **2021-06-01** ORDERED TO THIRD READING CAL.1428
- **2021-06-02** PASSED SENATE `passage`
- **2021-06-02** DELIVERED TO ASSEMBLY
- **2021-06-02** REFERRED TO WAYS AND MEANS `referral-committee`
- **2021-06-03** SUBSTITUTED FOR A7687
- **2021-06-03** ORDERED TO THIRD READING RULES CAL.396
- **2021-06-03** PASSED ASSEMBLY `passage`
- **2021-06-03** RETURNED TO SENATE
- **2021-06-11** DELIVERED TO GOVERNOR `executive-receipt`
- **2021-06-11** SIGNED CHAP.146 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4ead5ff5-0b58-4b5f-b086-8436152ffadf`. Confidence: reported (aggregated from official New York legislature records).