New York S 3555: Relates to authorizing Konbit Neg Lakay Inc. of Spring Valley to file an application for certain real property tax exemptions

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. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S03555 Summary:

BILL NOS03555A

&nbsp

SAME ASSAME AS A03605-A

&nbsp

SPONSORCLEARE

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §§240, 241, 242 & 250, add §242-a, Eld L

&nbsp

Relates to improving and expanding the pharmaceutical insurance coverage program for certain medicare enrollees; creates the expanded pharmaceutical insurance coverage panel, to be responsible for expanding pharmaceutical insurance coverage.

Go to top S03555 Actions:

BILL NOS03555A

&nbsp

01/28/2025REFERRED TO AGING

03/25/2025AMEND (T) AND RECOMMIT TO AGING

03/25/2025PRINT NUMBER 3555A

04/29/2025REPORTED AND COMMITTED TO FINANCE

01/07/2026REFERRED TO AGING

Go to topS03555 Committee&nbspVotes:

Go to topS03555 Floor&nbspVotes:

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

Go to topS03555 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3555--A

 2025-2026 Regular Sessions

 IN SENATE

 January 28, 2025
 ___________

 Introduced by Sen. CLEARE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Aging -- committee
 discharged, bill amended, ordered reprinted as amended and recommitted
 to said committee

 AN ACT to amend the elder law, in relation to improving and expanding
 the pharmaceutical insurance coverage program for certain medicare
 enrollees

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

 1 Section 1. Section 240 of the elder law is amended to read as follows:
 2 § 240. Short title. This title shall be known and may be cited as the
 3 "program for [elderly] expanded pharmaceutical insurance coverage".
 4 § 2. Subdivisions 3 and 8 of section 241 of the elder law, subdivision
 5 8 as added by section 2 of part A of chapter 59 of the laws of 2011 and
 6 as renumbered by section 3 of part T of chapter 56 of the laws of 2012,
 7 are amended to read as follows:
 8 3. "Income" shall mean "household gross income" as defined in the real
 9 property tax circuit breaker credit program, pursuant to subparagraph
 10 (C) of paragraph one of subsection (e) of section six hundred six of the
 11 tax law, but only shall include the income of program applicants and
 12 spouses and shall exclude the income of other members of the household,
 13 but shall not include any increase in income derived from social securi-
 14 ty income or pension benefits that increase over the previous year due
 15 solely to a cost-of-living adjustment provided by the program adminis-
 16 trators.
 17 8. "Medicare part D excluded drug classes" shall mean any drugs or
 18 classes of drugs, or their medical uses, which are described in section
 19 1927(d)(2) or 1927(d)(3) of the federal social security act, with the
 20 exception of smoking cessation agents and medical marijuana dispensed in
 21 the state of New York.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00974-02-5

 S. 3555--A 2

 1 § 3. The elder law is amended by adding a new section 242-a to read as
 2 follows:
 3 § 242-a. Expanded pharmaceutical insurance coverage panel. 1. There
 4 is hereby established within the executive department, a panel to be
 5 known as the "expanded pharmaceutical insurance coverage panel". For the
 6 purposes of this section, the term "the panel" shall mean the expanded
 7 pharmaceutical insurance coverage panel.
 8 2. The panel shall consist of the commissioners of the departments of
 9 education and health, the superintendent of the department of financial
 10 services, and the directors of the office for the aging and the division
 11 of the budget. Each panel member may designate an officer of their
 12 respective department, office, or division to represent and exercise all
 13 the powers of such panel member at any meeting of the panel from which
 14 such panel member may be absent.
 15 3. The director of the office for the aging and the commissioner of
 16 health shall serve as co-chairs of the panel.
 17 4. The panel shall meet at such times as may be requested by the
 18 co-chairs, provided that the panel shall meet at least two times a year.
 19 5. The panel shall:
 20 (a) subject to the approval of the director of the budget, promulgate
 21 program regulations pursuant to sect