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Senate Bill S8839A

2025-2026 Legislative Session

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island

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Sponsored By

Current Bill Status Via A9590 - Passed Senate

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co-Sponsors

2025-S8839 - Details

See Assembly Version of this Bill:
A9590
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L

2025-S8839 - Summary

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island.

2025-S8839 - Sponsor Memo

2025-S8839 - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8839
 
                             I N  S E N A T E
 
                              January 8, 2026
                                ___________
 
 Introduced by Sen. GOUNARDES -- 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 The New York Climate
   Exchange Inc. for the construction of facilities

   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:
   THE NEW YORK CLIMATE EXCHANGE INC.
   § 2. Subdivision 1 of section 1680 of the public  authorities  law  is
 amended by adding a new undesignated paragraph to read as follows:
   THE NEW YORK CLIMATE EXCHANGE INC.
   § 3. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14171-01-5

co-Sponsors

2025-S8839A (ACTIVE) - Details

See Assembly Version of this Bill:
A9590
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1676 & 1680, Pub Auth L

2025-S8839A (ACTIVE) - Summary

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island.

2025-S8839A (ACTIVE) - Sponsor Memo

2025-S8839A (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  8839--A
     Cal. No. 324
 
                             I N  S E N A T E
 
                              January 8, 2026
                                ___________
 
 Introduced  by  Sens.  GOUNARDES,  KAVANAGH,  PALUMBO  -- read twice and
   ordered printed, and when printed to be committed to the Committee  on
   Corporations,  Authorities  and Commissions -- reported favorably from
   said committee, ordered to first and second report, ordered to a third
   reading, amended and ordered reprinted, retaining  its  place  in  the
   order of third reading

 AN  ACT  to amend the public authorities law, in relation to authorizing
   the dormitory authority to provide financing to The New  York  Climate
   Exchange Inc. for the construction of facilities on Governor's Island
 
   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:
   THE   NEW  YORK  CLIMATE  EXCHANGE  INC.,  TO  PROVIDE  FINANCING  FOR
 CONSTRUCTION OF FACILITIES ON GOVERNOR'S ISLAND.
   § 2. Subdivision 1 of section 1680 of the public  authorities  law  is
 amended by adding a new undesignated paragraph to read as follows:
   THE   NEW  YORK  CLIMATE  EXCHANGE  INC.,  TO  PROVIDE  FINANCING  FOR
 CONSTRUCTION OF FACILITIES ON GOVERNOR'S ISLAND.
   § 3. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14171-03-6

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