Bill Text: NY S01525 | 2025-2026 | General Assembly | Introduced

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Bill Title: Directs the department of state, in cooperation with other departments, to provide technical assistance to any municipality, upon request, that has had a college or university close within such municipality.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2025-01-22 - 2ND REPORT CAL. [S01525 Detail]

Download: New_York-2025-S01525-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          1525

                               2025-2026 Regular Sessions

                    IN SENATE

                                    January 10, 2025
                                       ___________

        Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
          printed to be committed to the Committee on Finance

        AN ACT to amend the executive law, in relation  to  providing  technical
          assistance  to  any  municipality that has had a college or university
          close within such municipality

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Section 153 of the executive law is amended by adding a new
     2  subdivision 4 to read as follows:
     3    4.  To  provide to any municipality, upon request, in cooperation with
     4  the department of economic development and the department of  education,
     5  technical  assistance in the event of a college or university closing in
     6  such municipality, on topics including but not limited to:
     7    (a) workforce transition and development;
     8    (b) attracting new employers and economic opportunities;
     9    (c) developing plans for the land and buildings formerly  occupied  by
    10  such college or university; and
    11    (d) recommendations and planning assistance for dealing with creditors
    12  and  other  entities  having  a  financial  interest  in such college or
    13  university's assets located in  such  municipality,  provided,  however,
    14  that  the state shall not become a party to any legal proceedings pursu-
    15  ant to this subdivision.
    16    § 2. This act shall take effect immediately.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03552-01-5