A3537 (2025-26 session)

NY State bill

Enacts the rainy day act; moves funds from the tax stabilization fund to the rainy day reserve fund; increases the maximum balance; requires certain deposits; prohibits establishment of funds except by statute.

Title
Relates to enacting the rainy day act; repealer
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Ways And Means
Introduced
2025-01-28
Law section
State Finance Law

Sponsors

Heard in committee

Sources