Bill
Bill > S08777
NY S08777
NY S08777Directs the department of economic development to provide certain assistance to municipalities in which a college or university has closed.
summary
Introduced
01/08/2026
01/08/2026
In Committee
01/29/2026
01/29/2026
Crossed Over
01/29/2026
01/29/2026
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the economic development law, in relation to technical assistance provided to municipalities related to college and university closures; and to repeal section 153 of the executive law, in relation thereto
AI Summary
This bill directs the Department of Economic Development to offer technical assistance to any municipality that experiences the closure of a college or university within its borders, upon request. This assistance will cover crucial areas such as helping the local workforce transition and develop new skills, attracting new businesses and economic opportunities to the area, creating plans for the former college or university property, and providing guidance on dealing with creditors or other entities with financial interests in the institution's assets located in the municipality, though the state will not get involved in any legal disputes. The bill also repeals a section of the Executive Law related to similar technical assistance, indicating a shift in where this responsibility is housed.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to governmental operations (on 01/29/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S8777 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08777&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08777 |
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