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New York · 2025 Regular Session · Bill

S 7524: Authorizes school districts to borrow against certain reserve funds

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 7524 is a bill introduced in the New York Senate on April 21, 2025. According to its official title, it concerns: Authorizes school districts to borrow against certain reserve funds. Primary sponsor: Monica Martinez (Democratic/Working Families). It lists 3 additional sponsors. Most recent recorded action (April 21, 2026): REPORTED AND COMMITTED TO EDUCATION.

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.

Authorizes school districts to borrow against certain reserve funds, pursuant to a resolution adopted by the board of education of such school district.

Sponsors

Sponsors by party (alphabetical): Democratic/Working Families 1 · Republican 1 · Republican/Conservative 2

NameRolePartyChamberDistrict
Monica MartinezPrimary sponsorDemocratic/Working FamiliesSenate4
Dean MurrayCo-sponsorRepublican/ConservativeSenate3
Tony PalumboCo-sponsorRepublicanSenate1
Steve RhoadsCo-sponsorRepublican/ConservativeSenate5

“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 EDUCATION
  2. PRINT NUMBER 7524A
  3. AMEND AND RECOMMIT TO LOCAL GOVERNMENT
  4. REFERRED TO LOCAL GOVERNMENT
  5. REFERRED TO LOCAL GOVERNMENT

Sources

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