S 7687 New York Senate · 2025 Regular Session

Authorizes the dormitory authority to provide financing to SB Clinical Practice Management Plan, Inc. for the construction of facilities

This bill (S 7687) authorizes New York's Dormitory Authority to provide financing - such as loans or financial support - to SB Clinical Practice Management Plan, Inc. for constructing up to four advanced specialty care centers. It amends two sections of the Public Authorities Law to explicitly include this specific entity and purpose in the Authority's financing capabilities. The bill directly affects SB Clinical Practice Management Plan, Inc. by enabling it to secure funding for new healthcare facilities. The key provision is the streamlined authorization for the Dormitory Authority to finance or refinance these centers, without creating new requirements or altering existing healthcare policies.
Bill status in committee 3 of 5 stages cleared
Introduction
Apr 2025
Committee Review
Jun 2025
Senate Passage
Jun 2025
Assembly Passage
Governor
Introduced Apr 29, 2025 Last action Jun 12, 2025
Maddy AI version diff · 1 comparison

What changed between versions

S7687 → S7687A · 4 edits
MODERATE
The bill was amended to add a committee discharge status and clarify the purpose of the financing authorization. The changes specify that the Dormitory Authority can provide financing to SB Clinical Practice Management Plan, Inc. specifically for constructing up to four advanced specialty care centers, and the purpose includes both new financing and refinancing.
Scope change
The bill's scope was clarified to explicitly state the purpose of the financing (up to four advanced specialty care centers) and added a procedural note indicating the committee has discharged the bill and it was amended.
SCOPE

Added specific purpose language authorizing financing for up to four advanced specialty care centers.

FISCAL

Clarified that financing may be used for both new construction and refinancing.

TECHNICAL

Added committee discharge status and recommitment language to the bill header.

Added a period after the company name in the act text for grammatical consistency.

Floor votes · Senate Jun 12, 2025

How they voted

20–0
Passed · 1 other
Total votes 21
Jun 12, 2025
D Democratic14
13 Yea 1
92% Yea
R Republican7
7 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
7
Key actions
3
Committee
2
Amendments
2
Jun 12, 2025
Committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
upper
Jun 12, 2025
Senate · Passed
Senate Vote: pass (20-0-1)
senate
May 27, 2025
Upper · Passed
PRINT NUMBER 7687A
upper
May 27, 2025
Upper · Passed
AMEND AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
Apr 29, 2025
Committee
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Tony Palumbo
Tony Palumbo
RRepublican
NY
1