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NY State Legislature· S1525-2025Signed by Governor

Provides technical assistance to any municipality that has had a college or university close within such municipality, the official text

Shown verbatim: the complete text as captured from the official source posted by the New York State Senate, fetched 2026-08-11. Nothing is edited or removed. Where this bill amends existing law, language marked for deletion in the official source appears here in brackets. The official bill page.
S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1525
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             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:
 
   Section 1. Section 153 of the executive law is amended by adding a new
 subdivision 4 to read as follows:
   4.  TO  PROVIDE TO ANY MUNICIPALITY, UPON REQUEST, IN COOPERATION WITH
 THE DEPARTMENT OF ECONOMIC DEVELOPMENT AND THE DEPARTMENT OF  EDUCATION,
 TECHNICAL  ASSISTANCE IN THE EVENT OF A COLLEGE OR UNIVERSITY CLOSING IN
 SUCH MUNICIPALITY, ON TOPICS INCLUDING BUT NOT LIMITED TO:
   (A) WORKFORCE TRANSITION AND DEVELOPMENT;
   (B) ATTRACTING NEW EMPLOYERS AND ECONOMIC OPPORTUNITIES;
   (C) DEVELOPING PLANS FOR THE LAND AND BUILDINGS FORMERLY  OCCUPIED  BY
 SUCH COLLEGE OR UNIVERSITY; AND
   (D) RECOMMENDATIONS AND PLANNING ASSISTANCE FOR DEALING WITH CREDITORS
 AND  OTHER  ENTITIES  HAVING  A  FINANCIAL  INTEREST  IN SUCH COLLEGE OR
 UNIVERSITY'S ASSETS LOCATED IN  SUCH  MUNICIPALITY,  PROVIDED,  HOWEVER,
 THAT  THE STATE SHALL NOT BECOME A PARTY TO ANY LEGAL PROCEEDINGS PURSU-
 ANT TO THIS SUBDIVISION.
   § 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
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