· NY legislature · 2025-2026

Relates to enacting the rainy day act; repealer

Enacts the rainy day act; moves funds from the tax stabilization fund to the rainy day reserve fund; increases the maximum balance; requires certain deposits; prohibits establishment of funds except by statute.

Sponsor

Jenifer Rajkumar (D-NY)

Introduced

2025-01-28

Policy area

Economics and Public Finance

Latest action

REFERRED TO WAYS AND MEANS