New York Senate Bill 7372

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on June 30 2023 - 100% progression
Action: 2023-06-30 - SIGNED CHAP.184
Text: Latest bill text (Introduced) [HTML]

Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2025.

Relates to the rate of interest used in the actuarial valuation of liabilities for the purpose of calculating contributions to the New York city employees' retirement system, the New York city teachers' retirement system, the police pension fund, subchapter two, the fire department pension fund, subchapter two and the board of education retirement system of such city by public employers and other obligors required to make employer contributions to such retirement systems, the crediting of special interest and additional interest and additional interest to members of such retirement systems, and the allowance of supplementary interest on the funds of such retirement systems; extends such provisions until June 30, 2025.

Sen. Robert Jackson [D]

2023-06-06 - Assembly - Assembly Floor Vote - Final Passage (Y: 144 N: 3 NV: 0 Abs: 3) [PASS]
2023-06-05 - Senate - Senate Floor Vote - Final Passage (Y: 61 N: 0 NV: 0 Abs: 2) [PASS]
2023-05-30 - Senate - Senate Rules Committee Vote (Y: 21 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2023-06-30	Senate	SIGNED CHAP.184
2023-06-26	Senate	DELIVERED TO GOVERNOR
2023-06-06	Assembly	returned to senate
2023-06-06	Assembly	passed assembly
2023-06-06	Assembly	ordered to third reading rules cal.563
2023-06-06	Assembly	substituted for a7644
2023-06-05	Assembly	referred to ways and means
2023-06-05	Senate	DELIVERED TO ASSEMBLY
2023-06-05	Senate	PASSED SENATE
2023-05-30	Senate	ORDERED TO THIRD READING CAL.1424
2023-05-30	Senate	COMMITTEE DISCHARGED AND COMMITTED TO RULES
2023-05-22	Senate	REFERRED TO CIVIL SERVICE AND PENSIONS

A07644 (Same As) 2023-06-06 - substituted by s7372

Type	Source
Summary	https://www.nysenate.gov/legislation/bills/2023/S7372
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=S07372&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S07372
Roll Call	https://www.nysenate.gov/legislation/bills/2023/S7372#SC1
Roll Call	https://www.nysenate.gov/legislation/bills/2023/S7372#SF1
Roll Call	https://assembly.state.ny.us/leg/?default_fld=&bn=S07372&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#AF1