S 9161 New York Senate · 2025 Regular Session

Relates to providing secondary bonding authority to the Buffalo fiscal stability authority

Summary

Provides secondary bonding authority up to $46,000,000 to the Buffalo fiscal stability authority during the period of July 1, 2026 and June 30, 2030; extends the authority to 2047.

Issues: ✓ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2026

Committee Review

Floor Vote

Governor

Introduced Feb 9, 2026 Last action Apr 13, 2026

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What changed between versions

S9161 → S9161A · 2 edits

MINOR

The bill was amended to reduce the maximum borrowing limit for the Buffalo fiscal stability authority from $500 million to $46 million. Additionally, the bill's status was updated to reflect that it has been amended, reprinted, and recommitted to the committee for further review.

Scope change

The bill's scope was narrowed by significantly reducing the authorized debt ceiling for the Buffalo fiscal stability authority.

FISCAL

The maximum aggregate principal amount of bonds the authority can issue was reduced from five hundred million dollars to forty-six million dollars.

TIMELINE

The bill's procedural status was updated to indicate it has been amended, discharged from committee, and recommitted for further action.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Apr 13, 2026

Upper · Passed

PRINT NUMBER 9161A

upper

Apr 13, 2026

Upper · Passed

AMEND AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

upper

Feb 9, 2026

Committee

REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

upper

1 primary · 0 co-sponsors