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New York · 2025 Regular Session · Bill

S 5501: Relates to creating a new acquisition fund for community land trusts located in New York state

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 5501 is a bill introduced in the New York Senate on February 21, 2025. According to its official title, it concerns: Relates to creating a new acquisition fund for community land trusts located in New York state. Primary sponsor: Brian Kavanagh (Democratic). It lists 3 additional sponsors. Most recent recorded action (February 25, 2026): REPORTED AND COMMITTED TO FINANCE.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Relates to creating a new acquisition fund for community land trusts located in New York state; provides that moneys of the fund shall be expended solely to carry out the affordable home ownership development program exclusively for community land trusts; defines community land trusts.

Sponsors

Sponsors by party (alphabetical): Democratic 1 · Democratic/Working Families 3

NameRolePartyChamberDistrict
Brian KavanaghPrimary sponsorDemocraticSenate27
Robert JacksonCo-sponsorDemocratic/Working FamiliesSenate31
Rachel MayCo-sponsorDemocratic/Working FamiliesSenate48
Julia SalazarCo-sponsorDemocratic/Working FamiliesSenate18

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REPORTED AND COMMITTED TO FINANCE
  2. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
  3. REPORTED AND COMMITTED TO FINANCE
  4. REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source