New York legislation · 2025-2026 General Assembly
New York A10949: Authorizes funding to local government entities from the urban development corporation
Status: In committee, June 5, 2026
Authorizes funding to local government entities from the urban development corporation through the electric generation facility cessation mitigation fund for an additional five years.
What the bill says
An act to amend subpart H of part C of chapter 20 of the laws of 2015, relating to appropriating money for certain municipal corporations and school districts, in relation to authorizing funding to local government entities from the urban development corporation, and in relation to the effectiveness thereof.
From the amended text, May 11, 2026:
AN ACT to amend subpart H of part C of chapter 20 of the laws of 2015, relating to appropriating money for certain municipal corporations and school districts, in relation to authorizing funding to local government entities from the urban development corporation, and in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Section 1 of subpart H of part C of chapter 20 of the laws of 2015, relating to appropriating money for certain municipal corporations and school districts, as amended by section 1 of part XX of chapter 55 of the laws of 2021, is amended to read as follows: Section 1. Contingent upon available funding, and not to exceed $140,000,000 moneys from the urban development corporation shall be available for a local government entity, which for the purposes of this section shall mean a county, city, town, village, school district or special district, where (i) on or after June 25, 2015, an electric generating facility located within such local government entity has ceased operations, and (ii) the closing of such facility has caused a reduction in the real property tax collections or payments in lieu of taxes of at least twenty percent owed by such electric generating facility. Such moneys attributable to …
Sponsors
- Dana Levenberg (D, 95) · primary sponsor
Latest actions
- : SUBSTITUTED BY S9617A
- : ORDERED TO THIRD READING RULES CAL.595
- : RULES REPORT CAL.595
- : REPORTED
- : REPORTED REFERRED TO RULES
- : REFERENCE CHANGED TO WAYS AND MEANS
- : PRINT NUMBER 10949A
- : AMEND (T) AND RECOMMIT TO LOCAL GOVERNMENTS
- : REFERRED TO LOCAL GOVERNMENTS
Votes
- Assembly Ways And Means Committee: Favorable refer to committee Rules (June 5, 2026): 31 yea, 0 nay, passed
- Assembly Rules Committee: Favorable (June 5, 2026): 29 yea, 0 nay, passed
Subjects: Real Property Taxation
Common questions
- What is A10949?
- A10949 is a bill in the New York Legislature (2025-2026 General Assembly): Authorizes funding to local government entities from the urban development corporation.
- What does A10949 do?
- In its own words: An act to amend subpart H of part C of chapter 20 of the laws of 2015, relating to appropriating money for certain municipal corporations and school districts, in relation to authorizing funding to local government entities from the urban development corporation, and in relation to the effectiveness thereof.
- What is the status of A10949?
- In committee as of June 5, 2026. Latest action: SUBSTITUTED BY S9617A (June 5, 2026).
- Who sponsored A10949?
- Dana Levenberg (D, 95).
- Where is the official record for A10949?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A10949
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.