New York legislation · 2025-2026 General Assembly
New York A10245: Permits land bank officers and employees to participate in the New York state and local retirement system
Status: In committee, February 12, 2026
Permits land bank officers and employees to participate in the New York state and local retirement system if a resolution is adopted by its board of directors.
What the bill says
An act to amend the not-for-profit corporation law, in relation to permitting land bank officers and employees to participate in the New York state and local retirement system.
From the introduced text, February 12, 2026:
AN ACT to amend the not-for-profit corporation law, in relation to permitting land bank officers and employees to participate in the New York state and local retirement system THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Section 1603 of the not-for-profit corporation law is amended by adding a new paragraph (i) to read as follows: (I) EACH LAND BANK CREATED PURSUANT TO THIS ARTICLE SHALL BE A PUBLIC ORGANIZATION ENGAGED IN PUBLIC SERVICE DERIVING ITS POWER FROM THE NEW YORK STATE LEGISLATURE AND, UPON A RESOLUTION DULY ADOPTED BY ITS BOARD OF DIRECTORS, MAY ELECT TO HAVE ITS OFFICERS AND EMPLOYEES PARTICIPATE IN THE NEW YORK STATE AND LOCAL RETIREMENT SYSTEM. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14577-01-6
Sponsors
- Brian Manktelow (R, 130) · primary sponsor
- William Barclay (R, 120)
- Brown, Eric (R, 20)
- Joseph Angelino (R, 121)
- Jeff Gallahan (R, 131)
- Stephen Hawley (R, 139)
- John Lemondes (R, 126)
Latest actions
- : HELD FOR CONSIDERATION IN LOCAL GOVERNMENTS
- : REFERRED TO LOCAL GOVERNMENTS
Votes
- Assembly Local Governments Committee: Held for Consideration (May 18, 2026): 14 yea, 6 nay, passed
Subjects: Not-for-Profit Corporation Law
Common questions
- What is A10245?
- A10245 is a bill in the New York Legislature (2025-2026 General Assembly): Permits land bank officers and employees to participate in the New York state and local retirement system.
- What does A10245 do?
- In its own words: An act to amend the not-for-profit corporation law, in relation to permitting land bank officers and employees to participate in the New York state and local retirement system.
- What is the status of A10245?
- In committee as of February 12, 2026. Latest action: HELD FOR CONSIDERATION IN LOCAL GOVERNMENTS (May 18, 2026).
- Who sponsored A10245?
- Brian Manktelow (R, 130), with 6 co-sponsors.
- Where is the official record for A10245?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A10245
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.