A bill that could end Mayor Michael Bloomberg's bid for a third term is reportedly picking up steam in Albany.
According to the New York Times, the State Assembly Committee on Election law has enough votes to approve a bill that would effectively undo the law that allows the mayor and City Council members to run for a third term.
The Senate Elections committee is set to vote on the bill on March 10th.
The bill would apply retroactively, and would require a public referendum on term limits in the city.
The committees are just the first step in the process. It would still have to be approved by Governor David Paterson – who has expressed support for the mayor's efforts to run for a third term.