New York S 735: Increases the New York state housing finance agency bonding authority

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 - This bill is not active in this session.

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S00735 Summary:

BILL NOS00735 

&nbsp

SAME ASSAME AS A00420

&nbsp

SPONSORKAVANAGH

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §47, Priv Hous Fin L

&nbsp

Increases the New York state housing finance agency bonding authority to $36,280,000,000.

Go to top S00735 Actions:

BILL NOS00735 

&nbsp

01/08/2025REFERRED TO RULES

01/13/2025ORDERED TO THIRD READING CAL.10

01/14/2025SUBSTITUTED BY A420

&nbspA00420 AMEND= Rosenthal

&nbsp01/08/2025referred to housing

&nbsp01/13/2025reported referred to ways and means

&nbsp01/13/2025reported referred to rules

&nbsp01/13/2025reported 

&nbsp01/13/2025rules report cal.1

&nbsp01/13/2025ordered to third reading rules cal.1

&nbsp01/13/2025passed assembly

&nbsp01/13/2025delivered to senate

&nbsp01/13/2025REFERRED TO RULES

&nbsp01/14/2025SUBSTITUTED FOR S735

&nbsp01/14/20253RD READING CAL.10

&nbsp01/14/2025PASSED SENATE

&nbsp01/14/2025RETURNED TO ASSEMBLY

&nbsp01/23/2025delivered to governor

&nbsp01/27/2025signed chap.3

Go to topS00735 Committee&nbspVotes:

Go to topS00735 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS00735 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 735

 2025-2026 Regular Sessions

 IN SENATE

 (Prefiled)

 January 8, 2025
 ___________

 Introduced by Sen. KAVANAGH -- (at request of the New York State Homes
 and Community Renewal) -- read twice and ordered printed, and when
 printed to be committed to the Committee on Rules

 AN ACT to amend the private housing finance law, in relation to increas-
 ing the New York state housing finance agency bonding authority

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Paragraph (c) of subdivision 1 of section 47 of the private
 2 housing finance law, as amended by chapter 479 of the laws of 2022, is
 3 amended to read as follows:
 4 (c) The agency shall not issue bonds and notes other than state
 5 university construction bonds and state university construction notes,
 6 hospital and nursing home project bonds and hospital and nursing home
 7 project notes, health facilities bonds and health facilities notes,
 8 youth facilities project bonds and youth facilities project notes,
 9 community mental health services and developmental disabilities services
 10 project bonds and community mental health services and developmental
 11 disabilities services project notes, community senior citizens services
 12 project notes or community senior citizens services project bonds and
 13 mental hygiene improvement bonds and mental hygiene improvement notes
 14 and bonds and notes for the housing program for any of its corporate
 15 purposes in an aggregate principal amount exceeding [thirty-one] thir-
 16 ty-six billion two hundred eighty million dollars, excluding bonds and
 17 notes issued to refund outstanding bonds and notes.
 18 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00601-01-5

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps