New York S 8595: Repeals sections of law relating to private roads

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 
S08595 Summary:

BILL NOS08595 

&nbsp

SAME ASSAME AS A09352

&nbsp

SPONSORMYRIE

&nbsp

COSPNSRKRUEGER

&nbsp

MLTSPNSR

&nbsp

Amd §1321, add §1351-a, RPAP L

&nbsp

Directs how certain valuations and computations of the amount due are calculated in certain foreclosure actions.

Go to top S08595 Actions:

BILL NOS08595 

&nbsp

12/03/2025REFERRED TO RULES

01/07/2026REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

03/31/20261ST REPORT CAL.681

04/01/20262ND REPORT CAL.

04/07/2026ADVANCED TO THIRD READING 

06/02/2026PASSED SENATE

06/02/2026DELIVERED TO ASSEMBLY

06/02/2026referred to judiciary

Go to topS08595 Committee&nbspVotes:

Go to topS08595 Floor&nbspVotes:

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

Go to topS08595 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8595

 2025-2026 Regular Sessions

 IN SENATE

 December 3, 2025
 ___________

 Introduced by Sen. MYRIE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Rules

 AN ACT to amend the real property actions and proceedings law, in
 relation to directing how certain valuations and computations of the
 amount due are calculated in certain foreclosure actions

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

 1 Section 1. Section 1321 of the real property actions and proceedings
 2 law is amended by adding a new subdivision 3 to read as follows:
 3 3. Where a referee is directed to compute the amount due under this
 4 section, the referee shall:
 5 (a) reflect all sums owing under the note and mortgage as of the date
 6 of the proposed judgment amount, except as otherwise ordered by the
 7 court for good cause shown.
 8 (b) itemize the computation in a form prescribed by the chief adminis-
 9 trative judge, including, but not limited to, any:
 10 (i) unpaid principal balance;
 11 (ii) accrued interest with applicable rates and date ranges;
 12 (iii) advances for taxes, insurance, and property preservation;
 13 (iv) contractual fees and charges; and
 14 (v) court-approved costs and disbursements.
 15 (c) only include items supported by documentation submitted by the
 16 foreclosing plaintiff that would be admissible as evidence; provided,
 17 however, where there is an absence of adequate documentation for an
 18 item, the referee shall refer the issue to the court.
 19 § 2. The real property actions and proceedings law is amended by
 20 adding a new section 1351-a to read as follows:
 21 § 1351-a. Valuation date standard for sale and deficiency calcu-
 22 lations. For all foreclosure sales under this article, the amount due
 23 on the debt, and any subsequent calculation for deficiency or surplus
 24 distribution pursuant to sections thirteen hundred sixty-one or thirteen

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14164-02-5

 S. 8595 2

 1 hundred seventy-one of this article, shall be computed using the valu-
 2 ation date of the date the property is bid on at public auction;
 3 provided, however, where the court expressly orders a different valu-
 4 ation date upon application of any party for good cause shown, such date
 5 shall be used as the valuation date.
 6 § 3. This act shall take effect on the ninetieth day after it shall
 7 have become a law. Effective immediately, the addition, amendment and/or
 8 repeal of any rule or regulation necessary for the implementation of
 9 this act on its effective date are authorized to be made and completed
 10 on or before such effective date.

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps