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Senate bill · S649 (2025-26)

Authorizes funding to local government entities from the urban development corporation

Latest action Jun 9, 2025

Summary

Authorizes funding to local government entities from the urban development corporation through the electric generation facility cessation mitigation fund for an additional three years.

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Where it stands

Passed one of the two chambers; it still needs the other.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

New York State Senate

Same as A3626, the matching bill in the Assembly.

Committee

Local Government · New York State Senate

Also referred to Local Governments · New York State Assembly.

Purpose, from the sponsor's memo

This amendment would extend the number of years eligible municipal corporations and school districts can receive mitigation assistance when facing loss of tax or PILOT revenue from the closure of electric gener- ating facilities. This amendment would extend the window of eligibility for assistance from the current 7 years to a total of 10 years.

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

Recorded votes

  • Vote: Floor vote

    NY SenateJun 9, 2025Result: passed

    (60) (2) (0) (1)

  • Vote: Committee vote · Rules

    Senate RulesJun 4, 2025Result: passed

    (20) (0) (0) (1)

The sponsor's argument

Why the sponsor says this is needed

The electric generation facility cessation mitigation program was created to provide funding assistance to support counties, towns, cities, villages, school districts and special districts that experience a reduction in the amount owed in real property taxes and/or PILOTs by an electric generating facility. Under the current structure of the program, a local government entity may receive annual funding over seven years. In each year for which an application is made, the revenue loss from the amount owed in the last year of operation must be 20% or great- er and occur as a direct result of the electric generating facility ceasing operations. Since the inception of this legislation in 2015, municipal corporations and school districts continue to face the dire consequences of lost revenue due to a facility closure. This amendment extends the funding formula for an additional three years to ensure that such local government entities are able to compensate for lost revenue.

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

  1. Jun 9, 2025

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  2. Jun 9, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  3. Jun 9, 2025

    Referred to committee

    REFERRED TO LOCAL GOVERNMENTS

    NY Assembly

  4. Jun 4, 2025

    In committee

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

    NY Senate

  5. Jun 4, 2025

    Ordered to Third Reading CAL.1521

    ORDERED TO THIRD READING CAL.1521

    NY Senate

Show full history (1 earlier event)
  1. Jan 8, 2025

    Referred to committee

    REFERRED TO LOCAL GOVERNMENT

    NY Senate

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.

Source

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 29, 2026. About our data

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