S 7524 New York Senate · 2025 Regular Session

Authorizes school districts to borrow against certain reserve funds

Summary

Authorizes school districts to borrow against certain reserve funds, pursuant to a resolution adopted by the board of education of such school district.

Bill status in committee 1 of 4 stages cleared

Introduction

Apr 2025

Committee Review

Floor Vote

Governor

Introduced Apr 21, 2025 Last action Apr 21, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S7524 → S7524A · 3 edits

MINOR

The bill was amended to add Senator Murray as a sponsor and to reflect procedural updates indicating the bill was amended and recommitted to the committee. The substantive text regarding reserve fund borrowing rules remains unchanged, though the line numbering was adjusted to accommodate the new procedural text.

Scope change

The bill's scope and applicability remain unchanged; the amendment adds a co-sponsor and updates the legislative history.

TECHNICAL

Added Senator Murray to the list of bill sponsors.

Added procedural text indicating the bill was amended, discharged from committee, and recommitted.

Updated bill title and page number to reflect the amended version (S 7524--A).

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 21, 2026

Committee

REPORTED AND COMMITTED TO EDUCATION

upper

Apr 2, 2026

Upper · Passed

PRINT NUMBER 7524A

upper

Apr 2, 2026

Upper · Passed

AMEND AND RECOMMIT TO LOCAL GOVERNMENT

upper

Jan 7, 2026

Committee

REFERRED TO LOCAL GOVERNMENT

upper

Apr 21, 2025

Committee

REFERRED TO LOCAL GOVERNMENT

upper

1 primary · 3 co-sponsors