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New YorkS 15252025-2026 Regular SessionSenateWALLET

Provides technical assistance to any municipality that has had a college or university close within such municipality

Sponsored By: Rachel May (Democratic)

Became Law

FINANCEGOVERNMENTAL OPERATIONS

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Bill Overview

Analyzed Economic Effects

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

State help for towns after college closure

If a college or university closes in your city, town, or village, your local government can ask the state for help. The state, with the Departments of Economic Development and Education, gives technical assistance. Help covers worker transition and training, attracting new employers, and plans to reuse campus land and buildings. It also includes advice on handling creditors and others with financial claims on the school’s local assets. The state does not join any lawsuits, and the law takes effect immediately.

Sponsors & Cosponsors

Sponsor

  • Rachel May

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 82 • No: 0

Senate vote • 5/28/2025

FLOOR Vote

Yes: 61 • No: 0

committee vote • 1/21/2025

Finance Committee Vote

Yes: 21 • No: 0

Actions Timeline

  1. APPROVAL MEMO.21

    12/12/2025Senate

  2. SIGNED CHAP.631

    12/12/2025Senate

  3. DELIVERED TO GOVERNOR

    12/8/2025Senate

  4. RETURNED TO SENATE

    6/16/2025House

  5. PASSED ASSEMBLY

    6/16/2025House

  6. ORDERED TO THIRD READING RULES CAL.774

    6/16/2025House

  7. SUBSTITUTED FOR A2007

    6/16/2025House

  8. REFERRED TO GOVERNMENTAL OPERATIONS

    5/28/2025House

  9. DELIVERED TO ASSEMBLY

    5/28/2025Senate

  10. PASSED SENATE

    5/28/2025Senate

  11. ADVANCED TO THIRD READING

    1/27/2025Senate

  12. 2ND REPORT CAL.

    1/22/2025Senate

  13. 1ST REPORT CAL.112

    1/21/2025Senate

  14. REFERRED TO FINANCE

    1/10/2025Senate

Bill Text

  • Original

    1/10/2025

    PDF

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