New York 2025-2026 Regular Session

New York Assembly Bill A11376

Caption

Extends the effectiveness of certain provisions relating to the special powers of the New York state environmental facilities corporation

Summary

This bill extends the sunset date for a 2005 law governing certain special powers of the New York State Environmental Facilities Corporation (EFC). Specifically, it amends the expiration date of the underlying authorization from September 30, 2026 to September 30, 2029, while leaving the rest of the statute unchanged. The measure is a continuation bill rather than a policy overhaul, preserving existing EFC authority for an additional three years. The practical effect is to keep in place the statutory framework that supports the EFC’s special powers under the Public Authorities Law. Because the bill only changes the expiration date, it does not create new programs or alter the substance of the corporation’s powers; instead, it prevents those powers from lapsing and maintains continuity for any state environmental financing or related authority that depends on the existing law.

Impact

The bill amends chapter 307 of the laws of 2005, as previously amended, by extending its repeal date to September 30, 2029. This preserves the current legal authority of the New York State Environmental Facilities Corporation under the Public Authorities Law and avoids interruption in the corporation’s special powers. The bill affects state administrative and environmental financing law, but it does not directly change obligations for private parties beyond maintaining the status quo of the EFC’s authority.

Sentiment

The available context suggests the bill was noncontroversial and routine. It was introduced by the Committee on Rules at the request of a member of the Assembly and the Environmental Facilities Corporation, and it ultimately passed the Senate. The absence of recorded committee debate or votes in the provided materials indicates there was little visible opposition or public dispute surrounding the extension.

Contention

No specific points of contention are reflected in the provided transcripts or vote history. The only likely policy question is whether the Environmental Facilities Corporation should continue to retain these special powers for another three years, but the bill text itself is limited to a sunset extension and does not indicate disagreement over the substance of those powers. Any concern would likely center on the continued duration of the authority rather than on new regulatory changes.

Companion Bills

No companion bills found.

Previously Filed As

NY S09903

Extends the effectiveness of certain provisions relating to the special powers of the New York state environmental facilities corporation to 2029.

NY S09902

Extends the effectiveness of certain provisions relating to refunding bonds to 2029.

NY A11006

Extends the effectiveness of certain provisions relating to refunding bonds to 2029.

NY S10525

Extends the effectiveness of certain provisions of law relating to the operation of personal watercraft and specialty prop-craft.

NY A09693

Extends the effectiveness of certain provisions of law relating to the operation of personal watercraft and specialty prop-craft.

NY A11371

Extends the effectiveness of certain provisions relating to the establishment of certain water charges for hospitals and charities in New York city

NY S10431

Extends certain provisions relating to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; extends the New York state financial emergency act for the city of New York; makes further amendments relating to the effectiveness thereof.

NY S08177

Extends certain powers of the New York state housing finance agency.

NY A08571

Extends certain powers of the New York state housing finance agency.

NY S08245

Extends certain provisions relating to the sale of bonds and notes of the city of New York, the issuance of bonds or notes with variable rates of interest, interest rate exchange agreements of the city of New York, the refunding of bonds, and the down payment for projects financed by bonds; extends the New York state financial emergency act for the city of New York; makes further amendments relating to the effectiveness thereof.

Similar Bills

No similar bills found.