S 7340 New York Senate · 2025 Regular Session

Authorizes Michael J. Cappiello to purchase service credit for service with the Long Island Railroad Company police department

Summary

Authorizes Michael J. Cappiello to purchase service credit for service with the Long Island Railroad Company police department prior to its merger with the MTA and the state retirement system.

Bill status in committee 1 of 4 stages cleared

Introduction

Apr 2025

Committee Review

Floor Vote

Governor

Introduced Apr 10, 2025 Last action Mar 26, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S7340 → S7340A · 4 edits

MODERATE

This bill was amended and renumbered from S 7340 to S 7340-A, with updated fiscal projections and dates reflecting a revised legislative session. The main substantive change involves updated cost estimates for purchasing service credit, with the total cost reduced from $171,000 to $100,000 and the payment date moved from March 1, 2026 to March 1, 2027. The bill also updated actuarial data references from 2024 to 2025 figures.

Scope change

The bill's scope remains the same - authorizing Michael J. Cappiello to purchase service credit for Long Island Railroad Company police employment - but the financial calculations and timeline have been updated.

FISCAL

Total past service cost reduced from $171,000 to $100,000, with member contribution adjusted from $18,000 to $13,900 and state contribution from $153,000 to $86,100.

TIMELINE

Payment date for the one-time state contribution changed from March 1, 2026 to March 1, 2027.

TECHNICAL

Actuarial data references updated from 2024 to 2025, and fiscal note number changed from 2025-96 to 2026-142.

Bill number changed from S 7340 to S 7340-A and committee status updated to reflect discharge and amendment.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 26, 2026

Upper · Passed

PRINT NUMBER 7340A

upper

Mar 26, 2026

Upper · Passed

AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS

upper

Jan 7, 2026

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

Apr 10, 2025

Committee

REFERRED TO CIVIL SERVICE AND PENSIONS

upper

1 primary · 0 co-sponsors