New YorkS 101672025-2026 Regular SessionSenateWALLET

Relates to the administration of certain funds and accounts related to the 2026-2027 budget, authorizing certain payments and transfers

Sponsored By: José M. Serrano (Democratic)

Became Law

RULESWAYS AND MEANS

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Short-term funding for New York transit

The law lets the State Comptroller loan money to key transit accounts, including Transit Authorities, Railroad, Non‑MTA Capital, and Public Transportation Systems. The Comptroller can also transfer from the General Fund to the MTA Mobility Tax Trust Account, up to $48.85 million or the unencumbered balance, if the Budget Director requests it. The transfer must happen on or before March 31, 2027. These powers start now and end once the 2026–27 state budget is enacted.

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Sponsors & Cosponsors

Sponsor

José M. Serrano
Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 79 • No: 1

committee vote • 5/4/2026

Rules Committee Vote

Yes: 20 • No: 0

Senate vote • 5/4/2026

FLOOR Vote

Yes: 59 • No: 1

Actions Timeline

SIGNED CHAP.110
5/4/2026Senate
DELIVERED TO GOVERNOR
5/4/2026Senate
RETURNED TO SENATE
5/4/2026House
PASSED ASSEMBLY
5/4/2026House
MESSAGE OF NECESSITY - 3 DAY MESSAGE
5/4/2026House
ORDERED TO THIRD READING RULES CAL.107
5/4/2026House
SUBSTITUTED FOR A11251
5/4/2026House
REFERRED TO WAYS AND MEANS
5/4/2026House
DELIVERED TO ASSEMBLY
5/4/2026Senate
PASSED SENATE
5/4/2026Senate
MESSAGE OF NECESSITY - 3 DAY MESSAGE
5/4/2026Senate
ORDERED TO THIRD READING CAL.881
5/4/2026Senate
REFERRED TO RULES
5/4/2026Senate

Bill Text

Original
5/4/2026
PDF

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