S 3034 New York Senate · 2025 Regular Session

Prohibits the legislature from transferring funds from the power authority of the state of New York into the general fund

S 3034 is a constitutional amendment proposal that would prevent New York's legislature from moving funds generated by the state-owned power company (the New York Power Authority, or NYPA) into the general state budget. This bill directly affects the state legislature's budgeting process by prohibiting the diversion of NYPA's revenue streams - such as electricity sales income - into other state programs or general funding. The key provision is a constitutional change requiring that NYPA's revenues remain separate from the general fund, ensuring they are used only for the power authority's intended purposes. This is a procedural bill focused on fiscal accountability, not a policy change to public services or regulations.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2025 Last action Feb 3, 2026
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Full legislative history

Actions timeline

Total actions
6
Key actions
0
Committee
4
Feb 3, 2026
Committee
OPINION REFERRED TO JUDICIARY
upper
Jan 7, 2026
Committee
REFERRED TO JUDICIARY
upper
Feb 5, 2025
Committee
OPINION REFERRED TO JUDICIARY
upper
Jan 23, 2025
Committee
REFERRED TO JUDICIARY
upper
1 primary · 0 co-sponsors

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