NY A05425 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 10 2023 - 25% progression
Action: 2024-01-03 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides that monies may not be withdrawn from the revenue stabilization fund of the city of New York in any fiscal year unless the mayor has certified that there is a compelling fiscal need, including a national or regional recession of at least two quarters of declining real gross city product, a natural or other disaster, including terrorist attacks, or a declared state of emergency in the city of New York or the state of New York.

Tracking Information

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Title

Provides that monies may not be withdrawn from the revenue stabilization fund of the city of New York in any fiscal year unless the mayor has certified that there is a compelling fiscal need, including a national or regional recession of at least two quarters of declining real gross city product, a natural or other disaster, including terrorist attacks, or a declared state of emergency in the city of New York or the state of New York.

Sponsors


Roll Calls

2023-05-16 - Assembly - Assembly Cities Committee: Favorable refer to committee Ways and Means (Y: 15 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2024-01-03Assemblyreferred to ways and means
2023-05-16Assemblyreported referred to ways and means
2023-03-10Assemblyreferred to cities

New York State Sources


Bill Comments

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