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NY S07687

NY S07687
Authorizes the dormitory authority to provide financing to SB Clinical Practice Management Plan, Inc. for the construction of facilities.


summary

Introduced
04/29/2025
In Committee
04/29/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public authorities law, in relation to authorizing the dormitory authority to provide financing to SB Clinical Practice Management Plan, Inc. for the construction of facilities

AI Summary

This bill authorizes the Dormitory Authority of the State of New York (DASNY) to provide financial assistance to SB Clinical Practice Management Plan, Inc. for the purpose of financing or refinancing up to four advanced specialty care centers. Specifically, the bill amends two sections of the Public Authorities Law to explicitly include SB Clinical Practice Management Plan, Inc. as an entity eligible for DASNY financing. By adding this language to the law, the bill enables the organization to receive funding for the construction and potentially the refinancing of up to four specialty medical facilities. The bill would take effect immediately upon becoming law, allowing the organization to potentially access financial support for its healthcare infrastructure development relatively quickly.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Companion passed 2025-08-26 (on 08/26/2025)

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