# New York S 8413: Enacts the "City of Dunkirk Revenue Anticipation Note Refinancing Act"; makes an appropriation therefor New York S 8413, Enacts the "City of Dunkirk Revenue Anticipation Note Refinancing Act"; makes an appropriation therefor, is a 2025-2026 Regular Session Senate bill sponsored by Andrew Gounardes (Democratic); status signed, last action 2025-06-26 (SIGNED CHAP.183) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/NY-S8413-2025 - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: New York S 8413 - State: New York - Session: 2025-2026 Regular Session - Title: Enacts the "City of Dunkirk Revenue Anticipation Note Refinancing Act"; makes an appropriation therefor - Status: signed - Chamber: Senate - Introduced: 2025-06-09 - Last action: 2025-06-26, SIGNED CHAP.183 - Sponsor: Andrew Gounardes (Democratic) - Cosponsors: 0 - Subjects: FINANCE, WAYS AND MEANS - Touches household money: no - Roll calls: 3 (139 yes, 75 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - Dunkirk controls early loan payoff: benefit, low. New York cannot force Dunkirk to end the loan or repay it early. The mayor can repay some or all of it with separate approval from a majority of the city council. The mayor must give 15 days’ notice to the budget director, comptroller, and Assembly and Senate budget committee chairs. Full repayment… - Dunkirk faces aid offsets and tax exposure: cost, low. While the loan remains unpaid, New York’s budget director can reduce state payments owed to Dunkirk and its agencies. Each state budget year’s reduction cannot exceed the loan payment due that year, leaving less money for city services or obligations. Dunkirk can raise property taxes outside its co… - Dunkirk must keep following recovery rules: cost, low. Dunkirk must follow sections 7–10 of its 2024 Fiscal Recovery Act while the state loan remains unpaid. This duty continues even after related deficit bonds or notes are paid off. Starting with state budget year 2026, the mayor must report by July 9 each year to state officials and legislative budge… - Dunkirk gets refinancing help with interest: mixed, low. The law provides up to $13.7 million from New York’s general fund to refinance Dunkirk’s note due July 24, 2025. The money can pay only that note’s principal and interest. By July 9, 2025, the mayor must request the needed amount and certify that good-faith efforts to find other funding fell short.… ## Sponsors and cosponsors - Sponsor: Andrew Gounardes (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-06-17 | House | Assembly floor vote | pass | 88 | 47 | | | 2025-06-12 | committee | Rules Committee Vote | pass | 14 | 6 | | | 2025-06-12 | Senate | FLOOR Vote | pass | 37 | 22 | | ## Actions (12) - 2025-06-26: SIGNED CHAP.183 (Senate) - 2025-06-26: DELIVERED TO GOVERNOR (Senate) - 2025-06-17: RETURNED TO SENATE (House) - 2025-06-17: PASSED ASSEMBLY (House) - 2025-06-13: ORDERED TO THIRD READING RULES CAL.698 (House) - 2025-06-13: SUBSTITUTED FOR A8870 (House) - 2025-06-12: REFERRED TO WAYS AND MEANS (House) - 2025-06-12: DELIVERED TO ASSEMBLY (Senate) - 2025-06-12: PASSED SENATE (Senate) - 2025-06-12: ORDERED TO THIRD READING CAL.1948 (Senate) - 2025-06-12: COMMITTEE DISCHARGED AND COMMITTED TO RULES (Senate) - 2025-06-09: REFERRED TO FINANCE (Senate) ## Bill text - Original, 2025-06-09: [PDF](https://legislation.nysenate.gov/pdf/bills/2025/S8413) ## Related bills - S 10643: Relates to labor peace agreements and the cannabis industry wage board; repealer (signed) - S 9051: Prohibits artificial intelligence companions from using features which are considered unsafe for minors (signed) - A 5175: Requires certain security features and warning labels on baby monitors (signed) - A 11443: Relates to commercial food fish licenses (signed) - A 10343: Relates to fees and expenses in unemployment insurance proceedings; extending effectiveness (signed) - A 10052: Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community… (signed) ## Sources - [Original (PDF)](https://legislation.nysenate.gov/pdf/bills/2025/S8413) ## Related - [S 10643: Relates to labor peace agreements and the cannabis industry wage board; repealer](https://policyrisk.com/state-bill/NY-S10643-2025) - [S 9051: Prohibits artificial intelligence companions from using features which are cons…](https://policyrisk.com/state-bill/NY-S9051-2025) - [A 5175: Requires certain security features and warning labels on baby monitors](https://policyrisk.com/state-bill/NY-A5175-2025) - [A 11443: Relates to commercial food fish licenses](https://policyrisk.com/state-bill/NY-A11443-2025) - [A 10343: Relates to fees and expenses in unemployment insurance proceedings; extending e…](https://policyrisk.com/state-bill/NY-A10343-2025) - [A 10052: Extends the effectiveness of the authority of the town of Red Hook to impose re…](https://policyrisk.com/state-bill/NY-A10052-2025) - [New York bills](https://policyrisk.com/states/new-york/bills) - [New York state hub](https://policyrisk.com/states/new-york) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/NY-S8413-2025 (as of 2026-10-19).