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Senate Bill S8777

2025-2026 Legislative Session

Relates to technical assistance provided to municipalities related to college and university closures; repealer

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Sponsored By

Current Bill Status - In Senate Committee Rules Committee

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2025-S8777 (ACTIVE) - Details

See Assembly Version of this Bill:
A9430
Current Committee:
Senate Rules
Law Section:
Economic Development Law
Laws Affected:
Rpld §153, Exec L (as proposed in S.1525 & A.2007); add §12, Ec Dev L
Versions Introduced in 2023-2024 Legislative Session:
A5256

2025-S8777 (ACTIVE) - Summary

Directs the department of economic development to provide certain assistance to municipalities in which a college or university has closed.

2025-S8777 (ACTIVE) - Sponsor Memo

2025-S8777 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8777
 
                             I N  S E N A T E
 
                              January 8, 2026
                                ___________
 
 Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the economic development law, in relation  to  technical
   assistance provided to municipalities related to college and universi-
   ty  closures;  and  to  repeal  section  153  of the executive law, in
   relation thereto

   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, as added by a chapter of
 the laws of 2025 amending the executive law relating to providing  tech-
 nical assistance to any municipality that has had a college or universi-
 ty  close  within  such  municipality,  as proposed in legislative bills
 numbers S.  1525 and A. 2007, is REPEALED.
   § 2. The economic development law is amended by adding a  new  section
 12 to read as follows:
   §  12.  TECHNICAL  ASSISTANCE TO MUNICIPALITIES RELATED TO COLLEGE AND
 UNIVERSITY CLOSURES. THE DEPARTMENT SHALL PROVIDE TO  ANY  MUNICIPALITY,
 UPON  REQUEST, TECHNICAL ASSISTANCE IN THE EVENT OF A COLLEGE OR UNIVER-
 SITY CLOSING IN SUCH MUNICIPALITY, ON TOPICS INCLUDING BUT  NOT  LIMITED
 TO:
   1. WORKFORCE TRANSITION AND DEVELOPMENT;
   2. ATTRACTING NEW EMPLOYERS AND ECONOMIC OPPORTUNITIES;
   3.  DEVELOPING  PLANS  FOR THE LAND AND BUILDINGS FORMERLY OCCUPIED BY
 SUCH COLLEGE OR UNIVERSITY; AND
   4. 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 SECTION.
   § 3. This act shall take effect on the  same  date  and  in  the  same
 manner  as  a  chapter  of  the  laws of 2025 amending the executive law
 relating to providing technical assistance to any municipality that  has
 had  a college or university close within such municipality, as proposed
 in legislative bills numbers S. 1525 and A. 2007, takes effect.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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