New York bills · 2025 Regular Session
New York A 2231
Requires propositions authorizing creation of a state debt to contain an estimate of the debt service payable and publish an explanation thereof
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Edward Ra (Republican)
Summary
Official abstract published by the New York legislature
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.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 7, 2026 · House
REFERRED TO ELECTION LAW - Jan 15, 2025 · House
REFERRED TO ELECTION LAW