2025-2026 Regular Session • New York Legislature
A02231
Legislative Summary
Requires that any ballot proposition creating a state debt shall contain an estimate of the amortization period and the total expected debt service payable thereon until the bonds issued pursuant to such proposition are retired; relates to deposits to the tax stabilization reserve fund; provides that at least 10% of any surplus shall be used to pay down state debt.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
1/15/2025
referred to election law
Assembly
Status Information
Current Status
Introduced(1/15/2025)
Chamber
Assembly
Committee
Election Law(Assembly)
Sponsors
Republican: 1
Primary Sponsor
Edward Ra
Republican