Raises the exclusion of certain indebtedness of school districts other than school districts in a city with one hundred twenty-five thousand inhabitants or more

Latest action Nov 21, 2025

Raises the exclusion of certain indebtedness of school districts other than school districts in a city with one hundred twenty-five thousand inhabitants or more according to the latest federal census.

Not chosen yet

Where it stands

Signed into law.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

New York State Senate

Same as A2318, the matching bill in the Assembly.

Amends the Local Finance Law.

Committee

Education · New York State Assembly

Also referred to Education · New York State Senate, Local Government · New York State Senate, Ways and Means · New York State Assembly.

Purpose, from the sponsor's memo

This bill changes the way debt is calculated for small city school districts to align with other fiscally independent districts.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

Vote: Floor vote
NY SenateMay 15, 2025Result: passed
(52) (0) (0) (10)
Vote: Committee vote · Local Government
Senate Local GovernmentFeb 25, 2025Result: passed
(7) (0) (0) (0)

Cosponsors

Anil Beephan Jr., Charles Lavine and 3 more on Agora

Democratic3
Republican2

See the full list on nysenate.gov

The sponsor's argument

Why Shelley Mayer says this is needed

In the fall of 2023 voters approved a constitutional amendment to remove the constitutional debt limit for small city school districts. The enacting legislation, chapter 596 of the laws of 2023, imposed a 10% statutory debt limit, consistent with the debt limit all other fiscally independent school districts are subject to. This legislation would create further parity by aligning the way debt is calculated for small city school districts with other districts. Most notably, this legis- lation allows small city school districts to subtract building aid from their debt calculation.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

Nov 21, 2025
Signed
SIGNED CHAP.545
NY Senate
Nov 17, 2025
Sent to the executive
DELIVERED TO GOVERNOR
NY Senate
May 21, 2025
Passed a chamber
PASSED ASSEMBLY
NY Assembly
May 21, 2025
Reported out of committee
REPORTED
NY Assembly
May 21, 2025
Rules Report CAL.205
RULES REPORT CAL.205
NY Assembly

Show full history (11 earlier events)

May 21, 2025
Substituted
SUBSTITUTED BY S3367
NY Assembly
May 20, 2025
Reported out of committee
REPORTED REFERRED TO RULES
NY Assembly
May 15, 2025
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
May 15, 2025
Passed a chamber
PASSED SENATE
NY Senate
May 15, 2025
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
Apr 29, 2025
Reported out of committee
REPORTED REFERRED TO WAYS AND MEANS
NY Assembly
Mar 3, 2025
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
Feb 26, 2025
2ND Report CAL.
2ND REPORT CAL.
NY Senate
Feb 25, 2025
1ST Report CAL.375
1ST REPORT CAL.375
NY Senate
Jan 27, 2025
Referred to committee
REFERRED TO LOCAL GOVERNMENT
NY Senate
Jan 16, 2025
Referred to committee
REFERRED TO EDUCATION
NY Assembly

About this record

Summary: The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
Cosponsors: The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
Party colors: Parties are shown in the same neutral colors.
Source: From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 21, 2026. About our data

Read the record

Read on NY Senate (opens in a new tab) The official record on nysenate.gov.

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