Budget & Taxes (Debt & Bonds)

signed · New York · Assembly Aug 28, 2026

A 11006: Extends the effectiveness of certain provisions relating to refunding bonds

This bill extends the expiration date for specific provisions regarding refunding bonds from September 30, 2026, to September 30, 2029. Refunding bonds are financial instruments used by local governments to pay off existing debt with new loans, often at lower interest rates. By amending the state's local finance law, the legislation ensures that rules governing these bond transactions remain in effect for an additional three years. The change directly impacts local governments and financial institutions involved in municipal debt management.

Topics ✓ Budget & TaxesSupports Budget & TaxesExtending refunding bond provisions promotes fiscal responsibility by allowing local governments to refinance debt at lower rates, reducing long-term costs and improving budget management.85% confidence

Sub-Topics Debt & Bonds

in committee · New York · Senate Jun 4, 2026

S 9900: Relates to extending provisions relating to statutory installment bonds

This bill extends the expiration date for provisions governing statutory installment bonds within the local finance law. It updates the deadline for these financial instruments to September 30, 2029, allowing local governments to continue using them for funding purposes. The amendment ensures the current rules remain in full force and effect until the new expiration date. The legislation takes effect immediately upon passage.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill extends statutory installment bonds, enabling local governments to continue accessing funding for essential services and projects, thereby supporting fiscal management and budget stability.85% confidence

Sub-Topics Debt & Bonds

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vetoed · New York · Assembly Jun 10, 2026

A 10004: CAPITAL PROJECTS BUDGET

This bill appropriates funds for state capital projects, including new construction programs, advances from the capital projects fund, and reappropriations of unused funds from the previous fiscal year. It establishes that these funds are allocated for specific purposes and projects designated by the appropriations and must be approved by the budget director before payment. The legislation also authorizes the budget director to withhold certain payments if a general fund imbalance of $2 billion or more is projected for the 2026-27 fiscal year, while exempting critical payments such as public assistance, debt service, and court-ordered obligations from such withholdings.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates funds for state capital projects, establishing clear allocation rules and oversight mechanisms to ensure fiscal responsibility and fund essential infrastructure programs.95% confidence

Sub-Topics Appropriations Debt & Bonds State Budget

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in committee · New York · Senate Apr 13, 2026

S 9161: Relates to providing secondary bonding authority to the Buffalo fiscal stability authority

Provides secondary bonding authority up to $46,000,000 to the Buffalo fiscal stability authority during the period of July 1, 2026 and June 30, 2030; extends the authority to 2047.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides $150M bonding authority to Buffalo fiscal stability authority for fiscal management, advancing government spending tools under budget policy.92% confidence

Sub-Topics Debt & Bonds

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in committee · New York · Senate Jan 7, 2026

S 8687: Authorizes the creation of state debt in the amount of 5 billion dollars in creating the New York state master plan on aging 2026 bond act

Authorizes the creation of state debt in the amount of 5 billion dollars in creating the New York state master plan on aging 2026 bond act; provides for submission to the people of such proposal.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $5B state debt to fund aging services, directly advancing fiscal management and essential program funding per bill language.95% confidence

Sub-Topics Debt & Bonds Tags Seniors

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in committee · New York · Assembly Jan 21, 2026

A 9611: Authorizes the creation of state debt in the amount of 5 billion dollars in creating the New York state master plan on aging 2026 bond act

Authorizes the creation of state debt in the amount of 5 billion dollars in creating the New York state master plan on aging 2026 bond act; provides for submission to the people of such proposal.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $5B state debt for aging services bond act, directly funding a public program through fiscal means per Budget & Taxes criteria.95% confidence

Sub-Topics Debt & Bonds

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in committee · New York · Senate Jan 7, 2026

S 6509: Authorizes the creation of state debt in creating the Alzheimer's research bond act of 2025 and provides for submission to the people of such proposal

Authorizes the creation of state debt in the amount of 1 billion dollars in creating the Alzheimer's research bond act of 2025; provides for submission to the people of such proposal.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes $1B state debt to fund Alzheimer's research, directly advancing public health program funding through budget allocation.95% confidence ✓ HealthcareSupports HealthcareAuthorizes $1B state debt for Alzheimer's research funding, directly increasing healthcare research investment and advancing medical innovation in healthcare.95% confidence

Sub-Topics Debt & Bonds

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in committee · New York · Assembly Jul 15, 2026

A 8769: Enacts the "New York state credit risk transparency and investor protection act"

Enacts the "New York state credit risk transparency and investor protection act" requiring issuers of state-backed bonds to issue quarterly risk statements.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires quarterly risk statements for state bond issuers, promoting fiscal transparency and responsibility in bond markets, aligning with fiscal management indicators.85% confidence

Sub-Topics Debt & Bonds

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in committee · New York · Senate Jan 7, 2026

S 2251: Relates to the bond issuance charge

This bill requires the New York City Housing Development Corporation (NYCHDC) to pay a bond issuance charge to the state when issuing certain bonds. Specifically, it applies to bonds needing new allocation from the state's annual bond volume ceiling or a carry-forward of private activity bond authority. The charge must be paid to the State Department of Taxation and Finance within 15 days after the month the bonds are issued. This change modifies existing law to clarify and apply the charge solely to NYCHDC's qualifying bond issuances.

Topics ✓ Budget & TaxesSupports Budget & TaxesMandates NYCHDC to pay bond issuance charge to state tax authority, generating new state revenue for budget management.95% confidence

Sub-Topics Debt & Bonds

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in committee · New York · Assembly Jan 30, 2026

A 2155: Prohibits certain borrowing arrangements

Prohibits certain borrowing arrangements; relates to the authorization for the contracting of debt; relates to the manner by which payments are appropriated and paid.

Topics ✗ Budget & TaxesOpposes Budget & TaxesProhibits specific borrowing arrangements and debt contracting, restricting fiscal management methods per topic description. Aligns with 'oppose' indicators of restricting government fiscal operations.85% confidence

Sub-Topics Debt & Bonds

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