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New YorkA 4202025-2026 Regular SessionHouseWALLET

Increases the New York state housing finance agency bonding authority

Sponsored By: Linda Rosenthal (Democratic)

Became Law

HOUSINGWAYS AND MEANSRULES

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Bill Overview

Analyzed Economic Effects

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

Higher borrowing limit for New York housing agency

The New York State Housing Finance Agency can issue up to $36.28 billion in housing bonds and notes. This cap applies to all housing purposes under the agency. It does not count bonds and notes used only to refund older debt. The change takes effect immediately. The higher limit helps finance more housing projects across New York.

Sponsors & Cosponsors

Sponsor

  • Linda Rosenthal

    Democratic • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 60 • No: 0

House vote • 1/14/2025

FLOOR Vote

Yes: 60 • No: 0

Actions Timeline

  1. SIGNED CHAP.3

    1/27/2025House

  2. DELIVERED TO GOVERNOR

    1/23/2025House

  3. RETURNED TO ASSEMBLY

    1/14/2025Senate

  4. PASSED SENATE

    1/14/2025Senate

  5. 3RD READING CAL.10

    1/14/2025Senate

  6. SUBSTITUTED FOR S735

    1/14/2025Senate

  7. REFERRED TO RULES

    1/13/2025Senate

  8. DELIVERED TO SENATE

    1/13/2025House

  9. PASSED ASSEMBLY

    1/13/2025House

  10. ORDERED TO THIRD READING RULES CAL.1

    1/13/2025House

  11. RULES REPORT CAL.1

    1/13/2025House

  12. REPORTED

    1/13/2025House

  13. REPORTED REFERRED TO RULES

    1/13/2025House

  14. REPORTED REFERRED TO WAYS AND MEANS

    1/13/2025House

  15. REFERRED TO HOUSING

    1/8/2025House

Bill Text

  • Original

    1/3/2025

    PDF

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