Senate bill · S8859 (2025-26)

Relates to bonds and notes of the city of Yonkers

New York State Senate

Same as A9520, the matching bill in the Assembly.

Latest action Jun 26, 2026

Passed as A9520, the matching Assembly bill.

Sponsor: Andrea Stewart-Cousins (State Senator, District 35, Democratic/Working Families)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 22, 2026. About our data

Summary

Extends certain provisions relating to bonds and notes of the city of Yonkers until June 30, 2027.

Summary from NY Open Legislation. How we handle summaries

Amends the Local Finance Law.

Purpose, from the sponsor's memo

The purpose of this law is to extend the authorization for the city of Yonkers to issue serial bonds and notes until June 30, 2027.

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

Where it stands

Signed into law.

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

Committee

Cities · New York State Assembly

Also referred to Cities 2 · New York State Senate.

Your position on this bill

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The sponsor's argument

Why Andrea Stewart-Cousins says this is needed

Extender law - this bill extends the marketing limitation on serial bonds/notes of Yonkers from June 30, 2026 to June 30, 2027. The authori- zation for Yonkers to negotiate the private sales of its bonds or notes is vital to improving the city's financial stability and independence. The city's bonding authority will expire on June 30, 2026 unless it is extended for one year. The continuation of this power will allow more cost-effective financing for the city of Yonkers.

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.

Recorded votes

Vote: Floor vote
NY SenateMay 28, 2026Result: passedSenate vote on A9520, the matching Assembly bill.
(59) (1) (0) (3)
Vote: Committee vote · Cities 2
Senate Cities 2May 18, 2026Result: passed
(6) (1) (0) (0)

Full history

Jun 26, 2026
Signed
SIGNED CHAP.134
NY Assembly
Jun 18, 2026
Sent to the executive
DELIVERED TO GOVERNOR
NY Assembly
May 28, 2026
3RD Reading CAL.1131
3RD READING CAL.1131
NY Senate
May 28, 2026
Passed a chamber
PASSED SENATE
NY Senate
May 28, 2026
Substituted
SUBSTITUTED BY A9520
NY Senate

Show full history (12 earlier events)

May 20, 2026
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
May 19, 2026
2ND Report CAL.
2ND REPORT CAL.
NY Senate
May 18, 2026
1ST Report CAL.1131
1ST REPORT CAL.1131
NY Senate
May 4, 2026
Sent to the executive
DELIVERED TO SENATE
NY Assembly
May 4, 2026
Home Rule Request
HOME RULE REQUEST
NY Assembly
May 4, 2026
Passed a chamber
PASSED ASSEMBLY
NY Assembly
May 4, 2026
Referred to committee
REFERRED TO CITIES 2
NY Senate
Apr 30, 2026
Advanced to Third Reading CAL.418
ADVANCED TO THIRD READING CAL.418
NY Assembly
Apr 28, 2026
Reported out of committee
REPORTED
NY Assembly
Apr 21, 2026
Reported out of committee
REPORTED REFERRED TO WAYS AND MEANS
NY Assembly
Jan 14, 2026
Referred to committee
REFERRED TO CITIES
NY Assembly
Jan 9, 2026
Referred to committee
REFERRED TO CITIES 2
NY Senate

Read the record

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