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Bill > A10245
NY A10245
NY A10245Permits land bank officers and employees to participate in the New York state and local retirement system if a resolution is adopted by its board of directors.
summary
Introduced
02/12/2026
02/12/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the not-for-profit corporation law, in relation to permitting land bank officers and employees to participate in the New York state and local retirement system
AI Summary
This bill amends the not-for-profit corporation law to allow land banks, which are public organizations created by the New York state legislature to provide public service, to offer their officers and employees participation in the New York State and Local Retirement System, a pension plan for public employees, if their board of directors passes a resolution to do so.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to local governments (on 02/12/2026)
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/A10245 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10245&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10245 |
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