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Senate Bill S10518

2025-2026 Legislative Session

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities

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Current Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee

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2025-S10518 (ACTIVE) - Details

See Assembly Version of this Bill:
A10470
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L

2025-S10518 (ACTIVE) - Summary

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities.

2025-S10518 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10518
 
                             I N  S E N A T E
 
                               May 15, 2026
                                ___________
 
 Introduced  by Sen. BOTTCHER -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN  ACT  to amend the public authorities law, in relation to authorizing
   the dormitory authority to provide financing to Vanderbilt University
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraph  (b)  of  subdivision  2 of section 1676 of the
 public authorities law is amended by adding a new undesignated paragraph
 to read as follows:
   VANDERBILT  UNIVERSITY  FOR  FINANCING,   REFINANCING,   CONSTRUCTION,
 DESIGN,  REHABILITATION  AND  IMPROVEMENT  FOR FACILITIES ON THE CHELSEA
 SQUARE CAMPUS.
   § 2. Subdivision 1 of section 1680 of the public  authorities  law  is
 amended by adding a new undesignated paragraph to read as follows:
   VANDERBILT UNIVERSITY.
   § 3. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14976-04-6

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