New York A 7902: Enacts the "city of Little Falls deficit financing act" authorizing the city of Little Falls, in the county of Herkimer, to finance certain deficits by the issuance of bonds
Status: SUBSTITUTED BY S7028C (as of 2025-06-16)
State: New York · Session: 2025-2026 · Bill: A 7902
Sponsors: Robert Smullen
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 Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript A07902 Summary: BILL NOA07902C   SAME ASSAME AS S07028-C   SPONSORSmullen   COSPNSR   MLTSPNSR     Authorizes the city of Little Falls, in the county of Herkimer, to issue serial bonds in an aggregate principal amount not to exceed three million four hundred thousand dollars for the purpose of liquidating deficits in its general, golf, and water funds; requires that the city of Little Falls prepare quarterly budget reports, quarterly trial balances and a three-year financial plan. Go to top A07902 Actions: BILL NOA07902C   04/11/2025referred to cities 05/22/2025amend and recommit to cities 05/22/2025print number 7902a 06/05/2025amend and recommit to cities 06/05/2025print number 7902b 06/06/2025amend and recommit to cities 06/06/2025print number 7902c 06/13/2025reference changed to ways and means 06/16/2025reported referred to rules 06/16/2025reported 06/16/2025rules report cal.815 06/16/2025ordered to third reading rules cal.815 06/16/2025substituted by s7028c  S07028 AMEND=C WALCZYK  03/28/2025REFERRED TO LOCAL GOVERNMENT  05/20/2025REPORTED AND COMMITTED TO FINANCE  05/21/2025AMEND AND RECOMMIT TO FINANCE  05/21/2025PRINT NUMBER 7028A  06/05/2025AMEND AND RECOMMIT TO FINANCE  06/05/2025PRINT NUMBER 7028B  06/06/2025AMEND AND RECOMMIT TO FINANCE  06/06/2025PRINT NUMBER 7028C  06/12/2025COMMITTEE DISCHARGED AND COMMITTED TO RULES  06/12/2025ORDERED TO THIRD READING CAL.1995  06/13/2025HOME RULE REQUEST  06/13/2025PASSED SENATE  06/13/2025DELIVERED TO ASSEMBLY  06/13/2025referred to cities  06/16/2025substituted for a7902c  06/16/2025ordered to third reading rules cal.815  06/16/2025home rule request  06/16/2025passed assembly  06/16/2025returned to senate  06/26/2025DELIVERED TO GOVERNOR  06/26/2025SIGNED CHAP.176 Go to topA07902 Committee Votes: Committee:WAYS AND MEANS Chair:Pretlow DATE:06/16/2025AYE/NAY:32/0 Action: Favorable refer to committee Rules PretlowAyeRaAye GlickAyeFitzpatrickAye ColtonAyeHawleyAye CookAyeBlankenbushAye BenedettoAyePalmesanoAye WeprinAyeWalshAye RamosAbsentDeStefanoAye BraunsteinAyeManktelowAye McDonaldAyeSmullenAye RozicExcusedGiglioAye DinowitzAye MagnarelliAye BronsonAye DilanAye SeawrightAye HyndmanAye WalkerAye Bichotte HermelAye SimonAye CruzAye OtisAye SolagesAye HunterAye EpsteinAye SeptimoAbsent Committee:RULES Chair:Glick DATE:06/16/2025AYE/NAY:29/0 Action: Favorable HeastieExcusedBarclayAye PretlowAyeHawleyAye CookAyeBlankenbushAye GlickAyeRaAye DinowitzAyeBrabenecAye ColtonAyePalmesanoAye MagnarelliAyeReillyAye PaulinAyeSmithAye Peoples-StokesAyeJensenAye BenedettoAye LavineAye LupardoAye BraunsteinAye DavilaAye HyndmanAye RozicExcused BronsonAye HevesiAye HunterAye TaylorAye CruzAye VanelAye Go to topA07902 Floor Votes: There are no Assembly votes for this bill in this legislative session. Go to topA07902 Text: STATE OF NEW YORK ________________________________________________________________________ 7902--C 2025-2026 Regular Sessions IN ASSEMBLY April 11, 2025 ___________ Introduced by M. of A. SMULLEN -- read once and referred to the Commit- tee on Cities -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT in relation to authorizing the city of Little Falls, in the coun- ty of Herkimer, to finance certain deficits by the issuance of bonds The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Short title. This act shall be known and may be cited as 2 the "city of Little Falls deficit financing act". 3 § 2. The city of Little Falls, county of Herkimer, is hereby author- 4 ized to issue serial bonds, subject to the provisions of section 10.10 5 of the local finance law, on or before November 30, 2026, in an aggre- 6 gate principal amount not to exceed three million four hundred thousand
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