Regular Session - June 4, 2025
4395
1 NEW YORK STATE SENATE
2
3
4 THE STENOGRAPHIC RECORD
5
6
7
8
9 ALBANY, NEW YORK
10 June 4, 2025
11 3:26 p.m.
12
13
14 REGULAR SESSION
15
16
17
18 SENATOR ROXANNE J. PERSAUD, Acting President
19 ALEJANDRA N. PAULINO, ESQ., Secretary
20
21
22
23
24
25
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1 P R O C E E D I N G S
2 ACTING PRESIDENT PERSAUD: The
3 Senate will come to order.
4 I ask everyone to please rise and
5 recite the Pledge of Allegiance.
6 (Whereupon, the assemblage recited
7 the Pledge of Allegiance to the Flag.)
8 ACTING PRESIDENT PERSAUD: Rabbi
9 Benjamin Goldberg, of Congregation KTI in
10 Port Chester, New York, will deliver today's
11 invocation.
12 Rabbi?
13 RABBI GOLDBERG: Friends, let's
14 pray.
15 In the Jewish community we just
16 concluded the holiday of Shavuot, the Feast of
17 Weeks, 50 days after Passover, that commemorates
18 the giving of the Torah on Mount Sinai.
19 The Jewish tradition teaches that
20 those present at the revelation of the Torah and
21 the Ten Commandments included not only that
22 generation of freed slaves who had fled Egypt,
23 but also the souls of every future Jewish person.
24 They all -- past, present and future members of
25 the covenantal community -- stood there together
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1 to accept God's law.
2 O Holy One of blessing, as the
3 members of this Legislature gather once again to
4 do their work, remind them that they do not stand
5 alone in this chamber. Present today with us are
6 our ancestors and predecessors who gave us a
7 republic, if we could keep it, who established
8 our state and the many communities within it, who
9 suffered and sacrificed and crossed oceans and
10 resisted oppression so we could be here today.
11 Present too today are the future
12 generations not yet even born, who rely on us to
13 leave them a democracy so they can keep it --
14 thriving communities in which to grow, clean air
15 to breathe and clean water to drink.
16 O God, help the members of this body
17 hear those voices from the past, present and
18 future in their deliberations today, just as we
19 once heard Your voice at Sinai. Help them be
20 worthy inheritors of their predecessors and
21 admirable ancestors for their successors.
22 Bring peace to our land and to our
23 world, liberation to the 58 hostages who have
24 been held in captivity by Hamas for 608 days,
25 peace to the Holy Land and the entire region, and
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1 healing to those injured in the antisemitic
2 terror attack in Boulder, Colorado, on Sunday.
3 May the Almighty bring strength to
4 all of us and bless us with peace, and let us say
5 amen.
6 (Response from assemblage.)
7 ACTING PRESIDENT PERSAUD: Reading
8 of the Journal.
9 THE SECRETARY: In Senate, Tuesday,
10 June 3, 2025, the Senate met pursuant to
11 adjournment. The Journal of Monday, June 2,
12 2025, was read and approved. On motion, the
13 Senate adjourned.
14 ACTING PRESIDENT PERSAUD: Without
15 objection, the Journal stands approved as read.
16 Presentation of petitions.
17 Messages from the Assembly.
18 The Secretary will read.
19 THE SECRETARY: Senator Sanders
20 moves to discharge, from the Committee on Banks,
21 Assembly Bill Number 3279A and substitute it --
22 ACTING PRESIDENT PERSAUD: Excuse
23 me one second.
24 May we have some order in the
25 chamber, please.
4399
1 THE SECRETARY: Senator Sanders
2 moves to discharge, from the Committee on Banks,
3 Assembly Bill Number 3279A and substitute it for
4 the identical Senate Bill 4728A, Third Reading
5 Calendar 391.
6 Senator Mayer moves to discharge,
7 from the Committee on Local Government,
8 Assembly Bill Number 7287 and substitute it for
9 the identical Senate Bill 6426, Third Reading
10 Calendar 721.
11 Senator S. Ryan moves to discharge,
12 from the Committee on Local Government,
13 Assembly Bill Number 1177 and substitute it for
14 the identical Senate Bill 6928, Third Reading
15 Calendar 722.
16 Senator Cooney moves to discharge,
17 from the Committee on Cities, Assembly Bill
18 Number 6953A and substitute it for the identical
19 Senate Bill 5758, Third Reading Calendar 999.
20 Senator Stavisky moves to discharge,
21 from the Committee on Higher Education,
22 Assembly Bill Number 7442 and substitute it for
23 the identical Senate Bill 7702, Third Reading
24 Calendar 1020.
25 Senator May moves to discharge, from
4400
1 the Committee on Environmental Conservation,
2 Assembly Bill Number 8428 and substitute it for
3 the identical Senate Bill 7767, Third Reading
4 Calendar 1058.
5 Senator Ryan moves to discharge,
6 from the Committee on Environmental Conservation,
7 Assembly Bill Number 8280 and substitute it for
8 the identical Senate Bill 7768, Third Reading
9 Calendar 1059.
10 Senator Baskin moves to discharge,
11 from the Committee on Environmental Conservation,
12 Assembly Bill Number 8018 and substitute it for
13 the identical Senate Bill 7769A, Third Reading
14 Calendar 1060.
15 Senator May moves to discharge, from
16 the Committee on Environmental Conservation,
17 Assembly Bill Number 8658 and substitute it for
18 the identical Senate Bill 7770, Third Reading
19 Calendar 1061.
20 Senator Hinchey moves to discharge,
21 from the Committee on Environmental Conservation,
22 Assembly Bill Number 8487 and substitute it for
23 the identical Senate Bill 7771, Third Reading
24 Calendar 1062.
25 Senator Hinchey moves to discharge,
4401
1 from the Committee on Environmental Conservation,
2 Assembly Bill Number 8278 and substitute it for
3 the identical Senate Bill 7772, Third Reading
4 Calendar 1063.
5 Senator Fahy moves to discharge,
6 from the Committee on Environmental Conservation,
7 Assembly Bill Number 8486 and substitute it for
8 the identical Senate Bill 7773, Third Reading
9 Calendar 1064.
10 Senator Fahy moves to discharge,
11 from the Committee on Environmental Conservation,
12 Assembly Bill Number 8656 and substitute it for
13 the identical Senate Bill 7774, Third Reading
14 Calendar 1065.
15 Senator Stec moves to discharge,
16 from the Committee on Health, Assembly Bill
17 Number 3267 and substitute it for the identical
18 Senate Bill 20, Third Reading Calendar 1079.
19 Senator Hinchey moves to discharge,
20 from the Committee on Agriculture, Assembly Bill
21 Number 2185 and substitute it for the identical
22 Senate Bill 6330, Third Reading Calendar 1122.
23 Senator Gianaris moves to discharge,
24 from the Committee on Consumer Protection,
25 Assembly Bill Number 1672A and substitute it for
4402
1 the identical Senate Bill 6822A, Third Reading
2 Calendar 1132.
3 Senator May moves to discharge, from
4 the Committee on Corporations, Authorities and
5 Commissions, Assembly Bill Number 1455 and
6 substitute it for the identical Senate Bill 6044,
7 Third Reading Calendar 1185.
8 Senator Rivera moves to discharge,
9 from the Committee on Cultural Affairs, Tourism,
10 Parks and Recreation, Assembly Bill Number 7601
11 and substitute it for the identical Senate Bill
12 6367, Third Reading Calendar 1226.
13 Senator Skoufis moves to discharge,
14 from the Committee on Commerce, Economic
15 Development and Small Business, Assembly Bill
16 Number 7580 and substitute it for the identical
17 Senate Bill 6416, Third Reading Calendar 1273.
18 Senator Skoufis moves to discharge,
19 from the Committee on Commerce, Economic
20 Development and Small Business, Assembly Bill
21 Number 7578 and substitute it for the identical
22 Senate Bill 6417, Third Reading Calendar 1274.
23 Senator Skoufis moves to discharge,
24 from the Committee on Commerce, Economic
25 Development and Small Business, Assembly Bill
4403
1 Number 7579 and substitute it for the identical
2 Senate Bill 6418, Third Reading Calendar 1275.
3 Senator Scarcella-Spanton moves to
4 discharge, from the Committee on Labor,
5 Assembly Bill Number 7928 and substitute it for
6 the identical Senate Bill 7193, Third Reading
7 Calendar 1299.
8 Senator Persaud moves to discharge,
9 from the Committee on Rules, Assembly Bill
10 Number 2497 and substitute it for the identical
11 Senate Bill 244, Third Reading Calendar 1458.
12 Senator Rolison moves to discharge,
13 from the Committee on Environmental Conservation,
14 Assembly Bill Number 8161 and substitute it for
15 the identical Senate Bill 983, Third Reading
16 Calendar 1463.
17 Senator Lanza moves to discharge,
18 from the Committee on Environmental Conservation,
19 Assembly Bill Number 6317 and substitute it for
20 the identical Senate Bill 5685, Third Reading
21 Calendar 1495.
22 ACTING PRESIDENT PERSAUD: So
23 ordered.
24 Messages from the Governor.
25 Reports of standing committees.
4404
1 Reports of select committees.
2 Communications and reports from
3 state officers.
4 Motions and resolutions.
5 Senator Gianaris.
6 SENATOR GIANARIS: Good afternoon,
7 Madam President.
8 I have a lengthy list of amendments
9 here. So I would make a motion that
10 amendments are offered to the following Third
11 Reading Calendar bills:
12 By Senator Hoylman-Sigal, page 65,
13 Calendar Number 1209, Senate Print 7860A;
14 Senator Martinez, page 27,
15 Calendar Number 510, Senate Print 194;
16 Senator Skoufis, page 68,
17 Calendar Number 1243, Senate Print 7835;
18 Senator Sanders, page 72,
19 Calendar Number 1287, Senate Print 4603;
20 Senator Salazar, page 24,
21 Calendar Number 382, Senate Print 2510;
22 Senator Mayer, page 25,
23 Calendar Number 409, Senate Print 3734;
24 Senator Bailey, page 34,
25 Calendar Number 668, Senate Print 6273;
4405
1 Senator Bailey, page 43,
2 Calendar Number 924, Senate Print 6122;
3 Senator Hinchey, page 48,
4 Calendar Number 1003, Senate Print 3866A;
5 Senator Skoufis, page 50,
6 Calendar Number 1024, Senate Print 4857B;
7 Senator Sanders, page 62,
8 Calendar Number 1173, Senate Print 7752;
9 Senator C. Ryan, page 66,
10 Calendar Number 1224, Senate Print 6956;
11 Senator Harckham, page 67,
12 Senate Print 1235, Senate Print 6930;
13 Senator Harckham, page 68,
14 Calendar Number 1240, Senate Print 7706;
15 Senator Sepúlveda, page 69,
16 Calendar Number 1252, Senate Print 3967A;
17 Senator Ramos, page 74,
18 Calendar Number 1301, Senate Print 8034;
19 Senator Ramos, page 64,
20 Calendar Number 1192, Senate Print 4424;
21 Senator Skoufis, page 70,
22 Calendar Number 1268, Senate Print 7782;
23 Senator Bailey, page 81,
24 Calendar Number 1497, Senate Print 6717;
25 Senator Jackson, page 32,
4406
1 Calendar Number 627, Senate Print 6600A;
2 And Senator Serrano, page 67,
3 Calendar Number 1225, Senate Print 1067.
4 ACTING PRESIDENT PERSAUD: The
5 amendments are received, and the bills will
6 retain their place on the Third Reading Calendar.
7 Senator Gianaris.
8 SENATOR GIANARIS: Thank you.
9 I also wish to call up the following
10 bills, which were recalled from the Assembly and
11 now are at the desk --
12 ACTING PRESIDENT PERSAUD: The
13 Secretary will read.
14 SENATOR GIANARIS: -- Madam
15 President: Senate Print Nos. 1186, 122, 1211,
16 2437, 3690, and 6244.
17 ACTING PRESIDENT PERSAUD: Now the
18 Secretary will read.
19 THE SECRETARY: Calendar Number
20 301, Senate Print 1186, by Senator Addabbo, an
21 act to amend the Highway Law;
22 Calendar Number 296, Senate Print
23 2437, by Senator Krueger, an act to amend the
24 Election Law;
25 Calendar Number 323, Senate Print
4407
1 122, by Senator Cleare, an act to amend the
2 Environmental Conservation Law;
3 Calendar Number 597, Senate Print
4 6244, by Senator Skoufis, an act to amend the
5 Executive Law;
6 Calendar Number 748, Senate Print
7 1211, by Senator May, an act in relation to
8 enacting the New York Open Water Data Act;
9 Calendar Number 540, Senate Print
10 3690, by Senator Sanders, an act to amend the
11 Lien Law.
12 SENATOR GIANARIS: Move to
13 reconsider the vote by which these bills were
14 passed.
15 ACTING PRESIDENT PERSAUD: The
16 Secretary will call the roll on reconsideration.
17 (The Secretary called the roll.)
18 THE SECRETARY: Ayes, 58.
19 ACTING PRESIDENT PERSAUD: The
20 bills are restored to their place on the
21 Third Reading Calendar.
22 SENATOR GIANARIS: I offer the
23 following amendments.
24 ACTING PRESIDENT PERSAUD: The
25 amendments are received.
4408
1 SENATOR GIANARIS: Please recognize
2 Senator Lanza for a motion.
3 ACTING PRESIDENT PERSAUD: Senator
4 Lanza for a motion.
5 SENATOR LANZA: Madam President, I
6 have a motion from Senator Gallivan. On page 40,
7 I offer the following amendments to Calendar
8 Number 784, Senate Print Number 5997A, and ask
9 that said bill retain its place on Third Reading
10 Calendar.
11 ACTING PRESIDENT PERSAUD: The
12 amendments are received, and the bill will retain
13 its place on the Third Reading Calendar.
14 Senator Gianaris.
15 SENATOR GIANARIS: Please recognize
16 Senator Webb.
17 ACTING PRESIDENT PERSAUD: Senator
18 Webb.
19 SENATOR WEBB: Thank you,
20 Madam President.
21 I rise today to recognize a father
22 and an advocate who transformed an unimaginable
23 personal tragedy into a powerful force for
24 change. And this individual is Joe Petito.
25 Many Americans remember the
4409
1 heartbreaking loss of his daughter, Gabby Petito,
2 whose life was cut short far too soon. Her story
3 captured the nation's attention not just because
4 of the circumstances but because of the bright,
5 adventurous spirit she embodied and because of
6 the difficult urgent questions her death forced
7 us to confront about domestic violence, missing
8 persons, and the systemic gaps in how we protect
9 the vulnerable, especially those who are
10 historically marginalized.
11 In the aftermath of that grief
12 Mr. Petito made a difficult but important choice.
13 He could have withdrawn, but instead he chose to
14 act. Madam President, through the Gabby Petito
15 Foundation, Joe Petito and his family have become
16 tireless advocates for domestic violence
17 prevention and support for families of missing
18 persons.
19 He is working to ensure that no
20 parent feels alone or as helpless as he and his
21 family once did. He's raising awareness, funding
22 education, partnering with law enforcement, and
23 helping to give a voice to those who
24 unfortunately are rendered voiceless.
25 He reminds us that advocacy doesn't
4410
1 always come from a position of power. It often
2 comes from people who have suffered unimaginable
3 and unfortunate tragedies and yet still find the
4 strength to persevere and stand up for others.
5 I am proud to stand alongside him in
6 that fight, and that is why I've introduced
7 legislation to strengthen the use of lethality
8 assessments, a critical tool that helps law
9 enforcement and service providers to identify
10 high-risk domestic violence cases before it's too
11 late.
12 These assessments save lives, they
13 help individuals, they help our families and so
14 much more. And they are one piece of the broader
15 system of the protections and early interventions
16 we need to build.
17 It is my honor to commend Joe Petito
18 and his family for their courage, their service,
19 and their unwavering commitment to protecting
20 lives in Gabby's memory. Together we can and
21 must do more to prevent violence before it
22 happens and ensure that every person has a safe
23 path forward and has an opportunity to thrive.
24 I want to, with that,
25 Madam President, ask that we welcome this
4411
1 distinguished guest to our chamber, by way of
2 Long Island, and extend him all the courtesies of
3 the house.
4 Thank you.
5 ACTING PRESIDENT PERSAUD: Thank
6 you, Senator.
7 Mr. Petito, thank you for the work
8 that you and your family are doing.
9 I welcome you on behalf of the
10 Senate. We extend to you the privileges and
11 courtesies of this house.
12 Please stand and be recognized.
13 (Standing ovation.)
14 ACTING PRESIDENT PERSAUD: Senator
15 Gianaris.
16 SENATOR GIANARIS: Please recognize
17 Senator Serrano for another introduction.
18 ACTING PRESIDENT PERSAUD: Senator
19 Serrano for an introduction.
20 SENATOR SERRANO: Thank you,
21 Madam President.
22 I rise today to recognize a group of
23 young students from the 29th Senate District who
24 are in the gallery today.
25 They are K-through-5 chess players
4412
1 from the Rosalyn Yalow Charter School in the
2 South Bronx, and they recently competed in the
3 57th Annual Scholastic Chess Championship held in
4 Saratoga Springs. They took first place in two
5 team divisions, and one student, Samuel Lin, took
6 first place in the 5-5 under 1,000 section.
7 I would like to congratulate all of
8 the students for their amazing accomplishment,
9 and I ask that we show them all the courtesies of
10 the house.
11 Thank you, Madam President.
12 ACTING PRESIDENT PERSAUD: Thank
13 you.
14 To our champion players from the
15 Rosalyn Yalow Chess Club, I welcome you on behalf
16 of the Senate. We extend to you the privileges
17 and courtesies of this house. Continue winning.
18 Please rise and be recognized.
19 (Standing ovation.)
20 ACTING PRESIDENT PERSAUD: Senator
21 Gianaris.
22 SENATOR GIANARIS: Let's move on to
23 previously adopted Resolution 596, by
24 Senator Helming, read that resolution's title and
25 recognize Senator Helming.
4413
1 ACTING PRESIDENT PERSAUD: The
2 Secretary will read.
3 THE SECRETARY: Resolution 596, by
4 Senator Helming, congratulating the Gananda
5 High School Varsity Cheerleading Team upon the
6 occasion of winning the New York State Public
7 High School Athletic Association Class D State
8 Championship.
9 ACTING PRESIDENT PERSAUD: Senator
10 Helming on the resolution.
11 SENATOR HELMING: Thank you,
12 Madam President.
13 It was Ralph Waldo Emerson who once
14 wrote: It's the destination, not the journey --
15 it's not the destination, it's the journey. And
16 today it is my absolute honor to welcome to this
17 chamber a team of remarkable young women who
18 exemplify that very sentiment.
19 The Gananda Panthers Varsity
20 Cheerleading Team are 2025 Class D State
21 Champions. The road to a state title is never
22 easy, but this team met every challenge with
23 grit, grace and determination. They went
24 undefeated throughout the regular season and
25 captured their second consecutive sectional
4414
1 title. They delivered a powerhouse performance
2 to secure first place in the state competition,
3 finishing at the top of their division.
4 But this victory is about a lot more
5 than just trophies and titles. It's about
6 perseverance. It's about bouncing back after a
7 tough loss last year. It's about overcoming
8 obstacles and never giving up.
9 These athletes -- and I'd ask them
10 to please stand when I read your name -- Ellah,
11 with an H --
12 (Laughter.)
13 SENATOR HELMING: -- Alexis, Lacie,
14 Gianna, Alycia, Mollie, Alyssa, Leilani, Ella,
15 Leah, Makenzie, Gabby, Kaitlyn, Claire, and
16 Morghan. These young women are proof that hard
17 work, heart and hustle pay off. And they did it
18 with school spirit, sportsmanship, and a team
19 bond that will last forever.
20 Madam President, I'd also like to
21 recognize the incredible leadership behind this
22 state championship team: Head Coach Jenn, her
23 assistant coaches Christina and MJ; Gananda
24 Central School District Superintendent Shawn
25 Van Scoy, and today they're also accompanied by
4415
1 their amazing bus driver, Dave.
2 (Laughter; call-outs from members.)
3 SENATOR HELMING: To our coaches,
4 thank you for your leadership. You've built not
5 only champions but confident young women who know
6 what it means to commit to excellence.
7 So to the Gananda Panthers, thank
8 you for representing your school, our community,
9 and the State of New York with pride. And
10 congratulations on a truly, truly unforgettable
11 season.
12 Madam President, let's hear it for
13 the 2025 State Champion Gananda Panthers
14 Cheerleading Team.
15 Who's the best?
16 CHEERLEADING TEAM: G-H-S!
17 SENATOR HELMING: Madam President,
18 I'm proud to support this resolution.
19 Thank you.
20 ACTING PRESIDENT PERSAUD: Thank
21 you.
22 The resolution was adopted on
23 April 2nd.
24 To the Gananda Panthers,
25 congratulations on your championship. We extend
4416
1 to you the privileges and courtesies of this
2 house.
3 Please remain standing and be
4 recognized. And to your bus driver!
5 (Standing ovation.)
6 ACTING PRESIDENT PERSAUD: Senator
7 Gianaris.
8 SENATOR GIANARIS: Madam President,
9 I know Senator Helming wants to open that
10 resolution for cosponsorship.
11 ACTING PRESIDENT PERSAUD: The
12 resolution's open for cosponsorship. Should you
13 choose not to be a cosponsor, please notify the
14 desk.
15 Senator Gianaris.
16 SENATOR GIANARIS: There will now
17 be an immediate meeting of the Rules Committee in
18 Room 332.
19 ACTING PRESIDENT PERSAUD: There'll
20 be an immediate meeting of the Rules Committee in
21 Room 332.
22 SENATOR GIANARIS: The Senate
23 stands at ease.
24 ACTING PRESIDENT PERSAUD: The
25 Senate will stand at ease.
4417
1 (Whereupon, the Senate stood at ease
2 at 3:45 p.m.)
3 (Whereupon, the Senate reconvened at
4 4:03 p.m.)
5 ACTING PRESIDENT PERSAUD: The
6 Senate will return to order.
7 Senator Gianaris.
8 SENATOR GIANARIS: Madam President,
9 there's a report of the Rules Committee at the
10 desk. Let's take that up, please.
11 ACTING PRESIDENT PERSAUD: The
12 Secretary will read.
13 THE SECRETARY: Senator
14 Stewart-Cousins, from the Committee on Rules,
15 reports the following bills:
16 Senate Print 15A, by
17 Senator Skoufis, an act to amend the
18 Public Health Law;
19 Senate Print 84, by Senator Liu, an
20 act to amend Chapter 802 of the Laws of 1947;
21 Senate Print 455A, by
22 Senator Hoylman-Sigal, an act to amend the
23 Public Officers Law;
24 Senate Print 595, by
25 Senator Hinchey, an act to amend the
4418
1 Private Housing Finance Law;
2 Senate Print 649, by Senator S.
3 Ryan, an act to amend subpart H of Part C of
4 Chapter 20 of the Laws of 2015;
5 Senate Print 1378, by
6 Senator Serrano, an act to amend the Arts and
7 Cultural Affairs Law;
8 Senate Print 1613A, by Senator Fahy,
9 an act directing the Empire State Development
10 Corporation to create plans for redesign of the
11 Harriman Campus;
12 Senate Print 1744, by
13 Senator Hoylman-Sigal, an act to amend the
14 Criminal Procedure Law;
15 Senate Print 1804A, by
16 Senator Rivera, an act to amend the
17 Insurance Law;
18 Senate Print 2460, by
19 Senator Comrie, an act to amend the Energy Law;
20 Senate Print 4042, by
21 Senator Harckham, an act to amend the
22 Civil Rights Law;
23 Senate Print 4328, by
24 Senator Cooney, an act to amend the
25 General Business Law;
4419
1 Senate Print 4470, by Senator Mayer,
2 an act to amend the Executive Law;
3 Senate Print 4484, by Senator Liu,
4 an act in relation to ordering a study and report
5 on a proposed extension of the Long Island Motor
6 Parkway Trail;
7 Senate Print 4815, by Senator C.
8 Ryan, an act to amend the Canal Law;
9 Senate Print 4830A, by Senator C.
10 Ryan, an act to amend the Public Authorities Law;
11 Senate Print 5116A, by
12 Senator Cleare, an act to amend the
13 Education Law;
14 Senate Print 5379, by
15 Senator Harckham, an act to amend the
16 Environmental Conservation Law;
17 Senate Print 5387, by
18 Senator Harckham, an act directing the
19 Commissioner of Transportation to waive an annual
20 security deposit fee;
21 Senate Print 5564, by Senator Mayer,
22 an act authorizing the Village of Port Chester to
23 offer an optional 20-year retirement plan to a
24 certain police officer employed by such village;
25 Senate Print 5755, by
4420
1 Senator Cleare, an act to amend the
2 Public Health Law;
3 Senate Print 6226, by
4 Senator Rivera, an act to amend the
5 Social Services Law;
6 Senate Print 6307, by
7 Senator Sanders, an act to amend the
8 Environmental Conservation Law;
9 Senate Print 6413, by
10 Senator Scarcella-Spanton, an act to amend the
11 Public Health Law;
12 Senate Print 6484A, by
13 Senator C. Ryan, an act to amend the
14 Economic Development Law;
15 Senate Print 7077, by
16 Senator Cleare, an act to amend the Elder Law;
17 Senate Print 7281, by Senator Myrie,
18 an act to repeal Section 17-140 of the
19 Election Law;
20 Senate Print 7335, by
21 Senator Martinez, an act to amend the
22 Real Property Tax Law;
23 Senate Print 7420, by
24 Senator Martinez, an act to amend the Tax Law;
25 Senate Print 7533, by
4421
1 Senator Harckham, an act to amend Chapter 329 of
2 the Laws of 2009;
3 Senate Print 7542A, by Senator Ortt,
4 an act to amend Chapter 530 of the Laws of 2024;
5 Senate Print 7611, by Senator Bynoe,
6 an act to amend the Transportation Law;
7 Senate Print 7689A, by
8 Senator Skoufis, an act to amend the
9 Election Law;
10 Senate Print 7737, by
11 Senator Cleare, an act to amend Chapter 462 of
12 the Laws of 2015;
13 Senate Print 7742A, by
14 Senator Rolison, an act to amend the Tax Law;
15 Senate Print 7804, by Senator Webb,
16 an act to amend the Tax Law;
17 Senate Print 7806, by
18 Senator Canzoneri-Fitzpatrick, an act to amend
19 Chapter 676 of the Laws of 1978;
20 Senate Print 7809, by
21 Senator Salazar, an act to amend the
22 Environmental Conservation Law;
23 Senate Print 7822, by
24 Senator Canzoneri-Fitzpatrick, an act to amend
25 Chapter 821 of the Laws of 1970;
4422
1 Senate Print 7852, by
2 Senator Harckham, an act to amend Chapter 606 of
3 the Laws of 2006;
4 Senate Print 7855D, by Senator Liu,
5 an act in relation to authorizing the
6 Commissioner of Education to conduct a survey
7 regarding instruction on Asian American,
8 Native Hawaiians and Pacific Islander history
9 within the state;
10 Senate Print 7885, by
11 Senator Mattera, an act to amend Chapter 431 of
12 the Laws of 2018;
13 Senate Print 7912, by Senator Webb,
14 an act to amend Chapter 443 of the Laws of 2007;
15 Senate Print 7943, by Senator Liu,
16 an act to amend the Social Services Law;
17 Senate Print 7976, by Senator C.
18 Ryan, an act to amend Chapter 230 of the Laws of
19 2023;
20 Senate Print 8011, by
21 Senator Harckham, an act to amend Chapter 668 of
22 the Laws of 1977;
23 Senate Print 8043, by Senator Bynoe,
24 an act to direct the Commissioner of Mental
25 Health to conduct a study of child- and
4423
1 youth-targeted mobile crisis outreach teams;
2 Senate Print 8045, by Senator Bynoe,
3 an act to amend the Executive Law;
4 Senate Print 8062, by Senator Webb,
5 an act to amend the Public Service Law;
6 Senate Print 8091, by
7 Senator Cooney, an act to amend the Tax Law;
8 Senate Print 8104, by Senator S.
9 Ryan, an act to amend the Alcoholic Beverage
10 Control Law;
11 Senate Print 8169, by Senator Bynoe,
12 an act to amend the State Technology Law;
13 Senate Print 8177, by
14 Senator Kavanagh, an act to amend Chapter 514 of
15 the Laws of 1983;
16 Senate Print 8179, by
17 Senator Persaud, an act to amend Chapter 436 of
18 the Laws of 1997;
19 Senate Print 8180, by
20 Senator Sepúlveda, an act to amend Chapter 548 of
21 the Laws of 2010;
22 Senate Print 8206, by
23 Senator Serrano, an act to amend Chapter 192 of
24 the Laws of 2011;
25 Senate Print 8212, by
4424
1 Senator Palumbo, an act to amend Chapter 387 of
2 the Laws of 2013;
3 Senate Print 8213, by
4 Senator Hinchey, an act to amend the
5 Public Service Law;
6 Senate Print 8226, by Senator Mayer,
7 an act to amend Chapter 618 of the Laws of 1998;
8 Senate Print 8230, by
9 Senator Baskin, an act to amend Chapter 674 of
10 the Laws of 1993;
11 Senate Print 8231, by Senator Ramos,
12 an act to amend Chapter 413 of the Laws of 2003;
13 Senate Print 8232, by
14 Senator Stewart-Cousins, an act to amend
15 Chapter 123 of the Laws of 1945;
16 Senate Print 8235, by
17 Senator Kavanagh, an act to amend the
18 Private Housing Finance Law;
19 Senate Print 8236, by Senator Ramos,
20 an act to amend Chapter 363 of the Laws of 2010;
21 Senate Print 8244, by
22 Senator Persaud, an act to amend Chapter 81 of
23 the Laws of 1995;
24 Senate Print 8245, by
25 Senator Sepúlveda, an act to amend the
4425
1 Local Finance Law;
2 Senate Print 8251, by
3 Senator Stavisky, an act to amend Chapter 20 of
4 the Laws of 1998;
5 Senate Print 8254, by
6 Senator Brisport, an act to amend Chapter 29 of
7 the Laws of 2011;
8 Senate Print 8261, by
9 Senator Harckham, an act to amend Chapter 550 of
10 the Laws of 2013;
11 Senate Print 8273, by
12 Senator Stewart-Cousins, an act to amend
13 Chapter 118 of the Laws of 1969;
14 Senate Print 8275, by
15 Senator Griffo, an act to amend Chapter 332 of
16 the Laws of 2019;
17 Senate Print 8292, by
18 Senator Sanders, an act to amend Chapter 223 of
19 the Laws of 1996;
20 Senate Print 8297, by
21 Senator Martinez, an act to amend the
22 Real Property Tax Law;
23 Senate Print 8299, by
24 Senator Sanders, an act to amend Chapter 591 of
25 the Laws of 2001;
4426
1 Senate Print 8316, by
2 Senator Martinez, an act to amend Chapter 643 of
3 the Laws of 2019;
4 Senate Print 8317, by
5 Senator Cooney, an act to amend Chapter 538 of
6 the Laws of 2013;
7 Senate Print 8318, by
8 Senator Parker, an act to amend the
9 Executive Law;
10 Senate Print 8321, by
11 Senator Rolison, an act to amend Chapter 339 of
12 the Laws of 2023.
13 All bills reported direct to third
14 reading.
15 SENATOR GIANARIS: Move to accept
16 the report of the Rules Committee.
17 ACTING PRESIDENT PERSAUD: All
18 those in favor of accepting the Rules Committee
19 report please signify by saying aye.
20 (Response of "Aye.")
21 ACTING PRESIDENT PERSAUD: Opposed,
22 nay.
23 (Response of "Nay.")
24 ACTING PRESIDENT PERSAUD: The
25 report of the Rules Committee is accepted.
4427
1 Senator Gianaris.
2 SENATOR GIANARIS: Please take up
3 the calendar.
4 ACTING PRESIDENT PERSAUD: The
5 Secretary will read.
6 THE SECRETARY: Calendar Number
7 188, Senate Print 641A, by Senator S. Ryan, an
8 act to amend the Public Service Law.
9 ACTING PRESIDENT PERSAUD: Read the
10 last section.
11 THE SECRETARY: Section 4. This
12 act shall take effect immediately.
13 ACTING PRESIDENT PERSAUD: Call the
14 roll.
15 (The Secretary called the roll.)
16 ACTING PRESIDENT PERSAUD: Announce
17 the results.
18 THE SECRETARY: In relation to
19 Calendar 188, voting in the negative are
20 Senators Borrello, Canzoneri-Fitzpatrick, Chan,
21 Helming, Martins, Murray, O'Mara, Walczyk and
22 Weik.
23 Ayes, 49. Nays, 9.
24 ACTING PRESIDENT PERSAUD: The bill
25 is passed.
4428
1 THE SECRETARY: Calendar Number
2 310, Senate Print 3111, by Senator Helming, an
3 act to amend the Education Law.
4 ACTING PRESIDENT PERSAUD: Read the
5 last section.
6 THE SECRETARY: Section 2. This
7 act shall take effect on the first of July.
8 ACTING PRESIDENT PERSAUD: Call the
9 roll.
10 (The Secretary called the roll.)
11 ACTING PRESIDENT PERSAUD: Announce
12 the results.
13 THE SECRETARY: Ayes, 58.
14 ACTING PRESIDENT PERSAUD: The bill
15 is passed.
16 THE SECRETARY: Calendar Number
17 350, Senate Print 3799B, by Senator Comrie, an
18 act to amend the Real Property Actions and
19 Proceedings Law.
20 SENATOR HELMING: Read the last
21 section.
22 THE SECRETARY: Section 3. This
23 act shall take effect immediately.
24 ACTING PRESIDENT PERSAUD: Call the
25 roll.
4429
1 (The Secretary called the roll.)
2 ACTING PRESIDENT PERSAUD: Announce
3 the results.
4 THE SECRETARY: In relation to
5 Calendar 350, voting in the negative are
6 Senators Lanza and Walczyk.
7 Ayes, 56. Nays, 2.
8 ACTING PRESIDENT PERSAUD: The bill
9 is passed.
10 THE SECRETARY: Calendar Number
11 391, Assembly Bill Number 3279A, by
12 Assemblymember Vanel, an act in relation to
13 establishing the New York State cryptocurrency
14 and blockchain study task force.
15 ACTING PRESIDENT PERSAUD: Read the
16 last section.
17 THE SECRETARY: Section 2. This
18 act shall take effect immediately.
19 ACTING PRESIDENT PERSAUD: Call the
20 roll.
21 (The Secretary called the roll.)
22 ACTING PRESIDENT PERSAUD: Announce
23 the results.
24 THE SECRETARY: Ayes, 58.
25 ACTING PRESIDENT PERSAUD: The bill
4430
1 is passed.
2 THE SECRETARY: Calendar Number
3 422, Senate Print 5049, by Senator Bailey, an act
4 to amend the Insurance Law.
5 ACTING PRESIDENT PERSAUD: Read the
6 last section.
7 THE SECRETARY: Section 2. This
8 act shall take effect immediately.
9 ACTING PRESIDENT PERSAUD: Call the
10 roll.
11 (The Secretary called the roll.)
12 ACTING PRESIDENT PERSAUD: Announce
13 the results.
14 THE SECRETARY: Ayes, 58.
15 ACTING PRESIDENT PERSAUD: The bill
16 is passed.
17 THE SECRETARY: Calendar Number
18 430, Senate Print 3819A, by Senator Rivera, an
19 act to amend the Executive Law.
20 ACTING PRESIDENT PERSAUD: Read the
21 last section.
22 THE SECRETARY: Section 2. This
23 act shall take effect immediately.
24 ACTING PRESIDENT PERSAUD: Call the
25 roll.
4431
1 (The Secretary called the roll.)
2 ACTING PRESIDENT PERSAUD: Announce
3 the results.
4 THE SECRETARY: In relation to
5 Calendar 430, voting in the negative are
6 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
7 Chan, Gallivan, Griffo, Helming, Martins,
8 Mattera, Murray, Oberacker, O'Mara, Ortt,
9 Palumbo, Rhoads, Rolison, Stec, Tedisco, Walczyk,
10 Weber and Weik.
11 Ayes, 37. Nays, 21.
12 ACTING PRESIDENT PERSAUD: The bill
13 is passed.
14 THE SECRETARY: Calendar Number
15 603, Senate Print 6165, by Senator Skoufis, an
16 act to amend the Not-For-Profit Corporation Law.
17 ACTING PRESIDENT PERSAUD: Read the
18 last section.
19 THE SECRETARY: Section 10. This
20 act shall take effect on the 30th day after it
21 shall have become a law.
22 ACTING PRESIDENT PERSAUD: Call the
23 roll.
24 (The Secretary called the roll.)
25 ACTING PRESIDENT PERSAUD: Announce
4432
1 the results.
2 THE SECRETARY: In relation to
3 Calendar 603, voting in the negative are
4 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
5 Chan, Gallivan, Griffo, Helming, Lanza, Martinez,
6 Martins, Mattera, Murray, Oberacker, O'Mara,
7 Ortt, Palumbo, Rhoads, Rolison, Stec, Tedisco,
8 Walczyk, Weber and Weik.
9 Senator Murray, pardon me, in the
10 affirmative. Senator Martinez is also in the
11 affirmative.
12 Ayes, 37. Nays, 21.
13 ACTING PRESIDENT PERSAUD: The bill
14 is passed.
15 THE SECRETARY: Calendar Number
16 623, Senate Print 6831, by Senator Hinchey, an
17 act to amend the Navigation Law.
18 ACTING PRESIDENT PERSAUD: Read the
19 last section.
20 THE SECRETARY: Section 3. This
21 act shall take effect on the 120th day after it
22 shall have become a law.
23 ACTING PRESIDENT PERSAUD: Call the
24 roll.
25 (The Secretary called the roll.)
4433
1 ACTING PRESIDENT PERSAUD: Announce
2 the results.
3 THE SECRETARY: In relation to
4 Calendar 623, voting in the negative are
5 Senators Griffo, Martins, Oberacker, O'Mara,
6 Ortt, Rhoads, Stec, Walczyk and Weik.
7 Ayes, 49. Nays, 9.
8 ACTING PRESIDENT PERSAUD: The bill
9 is passed.
10 THE SECRETARY: Calendar Number
11 628, Senate Print 6718B, by Senator Jackson, an
12 act to amend the Administrative Code of the City
13 of New York.
14 ACTING PRESIDENT PERSAUD: Calendar
15 Number 627 is high and will be laid aside for the
16 day.
17 ACTING PRESIDENT PERSAUD: Calendar
18 Number 628, Senate Print 6718B, by
19 Senator Jackson, an act to amend the
20 Administrative Code of the City of New York.
21 ACTING PRESIDENT PERSAUD: Read the
22 last section.
23 THE SECRETARY: Section 5. This
24 act shall take effect immediately.
25 ACTING PRESIDENT PERSAUD: Call the
4434
1 roll.
2 (The Secretary called the roll.)
3 ACTING PRESIDENT PERSAUD: Announce
4 the results.
5 THE SECRETARY: In relation to
6 Calendar 628, voting in the negative are
7 Senators Ashby, Borrello, Bynoe,
8 Canzoneri-Fitzpatrick, Chan, Gallivan, Griffo,
9 Helming, Lanza, Martins, Mattera, Murray,
10 Oberacker, O'Mara, Ortt, Palumbo, Rhoads,
11 Rolison, Stec, Tedisco, Walczyk, Weber and Weik.
12 Ayes, 35. Nays, 23.
13 ACTING PRESIDENT PERSAUD: The bill
14 is passed.
15 THE SECRETARY: Calendar Number
16 633, Senate Print 6181, by Senator Parker, an act
17 to amend the Cannabis Law.
18 ACTING PRESIDENT PERSAUD: Read the
19 last section.
20 THE SECRETARY: Section 2. This
21 act shall take effect immediately.
22 ACTING PRESIDENT PERSAUD: Call the
23 roll.
24 (The Secretary called the roll.)
25 ACTING PRESIDENT PERSAUD: Announce
4435
1 the results.
2 THE SECRETARY: In relation to
3 Calendar 633, voting in the negative are
4 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
5 Gallivan, Griffo, Lanza, Martinez, Martins,
6 Mattera, Murray, O'Mara, Ortt, Palumbo, Rhoads,
7 Stec, Tedisco, Walczyk and Weik.
8 Ayes, 40. Nays, 18.
9 ACTING PRESIDENT PERSAUD: The bill
10 is passed.
11 THE SECRETARY: Calendar Number
12 647, Senate Print 6390, by Senator Harckham, an
13 act to amend the Correction Law.
14 ACTING PRESIDENT PERSAUD: Read the
15 last section.
16 THE SECRETARY: Section 2. This
17 act shall take effect on the 90th day after it
18 shall have become a law.
19 ACTING PRESIDENT PERSAUD: Call the
20 roll.
21 (The Secretary called the roll.)
22 ACTING PRESIDENT PERSAUD: Announce
23 the results.
24 THE SECRETARY: Ayes, 58.
25 ACTING PRESIDENT PERSAUD: The bill
4436
1 is passed.
2 THE SECRETARY: Calendar Number
3 721, Assembly Bill Number 7287, by
4 Assemblymember Burdick, an act to amend the
5 Town Law.
6 ACTING PRESIDENT PERSAUD: Read the
7 last section.
8 THE SECRETARY: Section 2. This
9 act shall take effect immediately.
10 ACTING PRESIDENT PERSAUD: Call the
11 roll.
12 (The Secretary called the roll.)
13 ACTING PRESIDENT PERSAUD: Announce
14 the results.
15 THE SECRETARY: Ayes, 58.
16 ACTING PRESIDENT PERSAUD: The bill
17 is passed.
18 THE SECRETARY: Calendar Number
19 722, Assembly Bill Number 1177, by
20 Assemblymember Peoples-Stokes, an act to amend
21 the Local Finance Law.
22 ACTING PRESIDENT PERSAUD: There is
23 a home-rule message at the desk.
24 Read the last section.
25 THE SECRETARY: Section 2. This
4437
1 act shall take effect immediately.
2 ACTING PRESIDENT PERSAUD: Call the
3 roll.
4 (The Secretary called the roll.)
5 ACTING PRESIDENT PERSAUD: Announce
6 the results.
7 THE SECRETARY: Ayes, 58.
8 ACTING PRESIDENT PERSAUD: The bill
9 is passed.
10 THE SECRETARY: Calendar Number
11 730, Senate Print 6068, by Senator Parker, an act
12 to amend the Social Services Law.
13 ACTING PRESIDENT PERSAUD: Read the
14 last section.
15 THE SECRETARY: Section 2. This
16 act shall take effect immediately.
17 ACTING PRESIDENT PERSAUD: Call the
18 roll.
19 (The Secretary called the roll.)
20 ACTING PRESIDENT PERSAUD: Announce
21 the results.
22 THE SECRETARY: In relation to
23 Calendar 730, voting in the negative are
24 Senators Canzoneri-Fitzpatrick, Martins, Murray,
25 Oberacker, O'Mara, Rhoads, Walczyk and Weik.
4438
1 Ayes, 50. Nays, 8.
2 ACTING PRESIDENT PERSAUD: The bill
3 is passed.
4 THE SECRETARY: Calendar Number
5 905, Senate Print 6745, by Senator Stavisky, an
6 act to amend the Education Law.
7 ACTING PRESIDENT PERSAUD: Read the
8 last section.
9 THE SECRETARY: Section 5. This
10 act shall take effect on the first of January.
11 ACTING PRESIDENT PERSAUD: Call the
12 roll.
13 (The Secretary called the roll.)
14 ACTING PRESIDENT PERSAUD: Announce
15 the results.
16 THE SECRETARY: Ayes, 58.
17 ACTING PRESIDENT PERSAUD: The bill
18 is passed.
19 THE SECRETARY: Calendar Number
20 936, Senate Print 1349B, by Senator Cleare, an
21 act to amend the Education Law.
22 ACTING PRESIDENT PERSAUD: Read the
23 last section.
24 THE SECRETARY: Section 3. This
25 act shall take effect July 1, 2026.
4439
1 SENATOR HELMING: Call the roll.
2 (The Secretary called the roll.)
3 ACTING PRESIDENT PERSAUD: Announce
4 the results.
5 THE SECRETARY: In relation to
6 Calendar 936, voting in the negative:
7 Senator Walczyk.
8 Ayes, 57. Nays, 1.
9 ACTING PRESIDENT PERSAUD: The bill
10 is passed.
11 THE SECRETARY: Calendar Number
12 955, Senate Print 6133, by Senator Parker, an act
13 to require the Office for the Prevention of
14 Domestic Violence to conduct a study on domestic
15 violence in the transgender community.
16 ACTING PRESIDENT PERSAUD: Read the
17 last section.
18 THE SECRETARY: Section 3. This
19 act shall take effect immediately.
20 ACTING PRESIDENT PERSAUD: Call the
21 roll.
22 (The Secretary called the roll.)
23 ACTING PRESIDENT PERSAUD: Announce
24 the results.
25 THE SECRETARY: In relation to
4440
1 Calendar 955, voting in the negative:
2 Senator Walczyk.
3 Ayes, 57. Nays, 1.
4 ACTING PRESIDENT PERSAUD: The bill
5 is passed.
6 THE SECRETARY: Calendar Number
7 960, Senate Print 5452, by Senator Comrie, an act
8 to amend the Election Law.
9 ACTING PRESIDENT PERSAUD: Read the
10 last section.
11 THE SECRETARY: Section 2. This
12 act shall take effect immediately.
13 ACTING PRESIDENT PERSAUD: Call the
14 roll.
15 (The Secretary called the roll.)
16 ACTING PRESIDENT PERSAUD: Announce
17 the results.
18 THE SECRETARY: In relation to
19 Calendar 960, voting in the negative are
20 Senators Borrello, Canzoneri-Fitzpatrick, Chan,
21 Gallivan, Griffo, Helming, Lanza, Martins,
22 Mattera, Murray, Oberacker, O'Mara, Ortt, Rhoads,
23 Rolison, Scarcella-Spanton, Stec, Tedisco,
24 Walczyk, Weber and Weik.
25 Ayes, 37. Nays, 21.
4441
1 ACTING PRESIDENT PERSAUD: The bill
2 is passed.
3 THE SECRETARY: Calendar Number
4 994, Senate Print 7694, by Senator Hoylman-Sigal,
5 an act to amend the Civil Practice Law and Rules.
6 ACTING PRESIDENT PERSAUD: Read the
7 last section.
8 THE SECRETARY: Section 2. This
9 act shall take effect immediately.
10 ACTING PRESIDENT PERSAUD: Call the
11 roll.
12 (The Secretary called the roll.)
13 ACTING PRESIDENT PERSAUD: Announce
14 the results.
15 THE SECRETARY: In relation to
16 Calendar 994, voting in the negative are
17 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
18 Chan, Gallivan, Griffo, Helming, Lanza, Martins,
19 Mattera, Murray, Oberacker, O'Mara, Ortt,
20 Palumbo, Rhoads, Rolison, Stec, Tedisco, Walczyk,
21 Weber and Weik.
22 Ayes, 36. Nays, 22.
23 ACTING PRESIDENT PERSAUD: The bill
24 is passed.
25 THE SECRETARY: Calendar Number
4442
1 995, Senate Print 7696, by Senator Hoylman-Sigal,
2 an act to amend the Judiciary Law.
3 ACTING PRESIDENT PERSAUD: Read the
4 last section.
5 THE SECRETARY: Section 2. This
6 act shall take effect immediately.
7 ACTING PRESIDENT PERSAUD: Call the
8 roll.
9 (The Secretary called the roll.)
10 ACTING PRESIDENT PERSAUD: Announce
11 the results.
12 THE SECRETARY: Ayes, 58.
13 ACTING PRESIDENT PERSAUD: The bill
14 is passed.
15 THE SECRETARY: Calendar Number
16 996, Senate Print 7735, by Senator Hoylman-Sigal,
17 an act to amend the Court of Claims Act.
18 ACTING PRESIDENT PERSAUD: Read the
19 last section.
20 THE SECRETARY: Section 3. This
21 act shall take effect on the 90th day after it
22 shall have become a law.
23 ACTING PRESIDENT PERSAUD: Call the
24 roll.
25 (The Secretary called the roll.)
4443
1 ACTING PRESIDENT PERSAUD: Announce
2 the results.
3 THE SECRETARY: In relation to
4 Calendar 996, voting in the negative:
5 Senator Walczyk.
6 Ayes, 57. Nays, 1.
7 ACTING PRESIDENT PERSAUD: The bill
8 is passed.
9 THE SECRETARY: Calendar Number
10 999, Senate Print 6953A, by Assemblymember
11 Bronson, an act to amend the General City Law.
12 ACTING PRESIDENT PERSAUD: Read the
13 last section.
14 THE SECRETARY: Section 2. This
15 act shall take effect immediately.
16 ACTING PRESIDENT PERSAUD: Call the
17 roll.
18 (The Secretary called the roll.)
19 ACTING PRESIDENT PERSAUD: Announce
20 the results.
21 THE SECRETARY: Ayes, 58.
22 ACTING PRESIDENT PERSAUD: If the
23 bill is passed.
24 THE SECRETARY: Calendar Number
25 1020, Assembly Bill Number 7442, by
4444
1 Assemblymember Gibbs, an act to amend Chapter 219
2 of the Laws of 2003.
3 ACTING PRESIDENT PERSAUD: Read the
4 last section.
5 THE SECRETARY: Section 2. This
6 act shall take effect immediately.
7 ACTING PRESIDENT PERSAUD: Call the
8 roll.
9 (The Secretary called the roll.)
10 ACTING PRESIDENT PERSAUD: Announce
11 the results.
12 THE SECRETARY: Ayes, 58.
13 ACTING PRESIDENT PERSAUD: The bill
14 is passed.
15 THE SECRETARY: Calendar Number
16 1050, Senate Print 982, by Senator Rolison, an
17 act to amend the Executive Law.
18 ACTING PRESIDENT PERSAUD: Read the
19 last section.
20 THE SECRETARY: Section 2. This
21 act shall take effect immediately.
22 ACTING PRESIDENT PERSAUD: Call the
23 roll.
24 (The Secretary called the roll.)
25 ACTING PRESIDENT PERSAUD: Announce
4445
1 the results.
2 THE SECRETARY: Ayes, 58.
3 ACTING PRESIDENT PERSAUD: The bill
4 is passed.
5 THE SECRETARY: Calendar Number
6 1058, Assembly Bill Number 8428, by
7 Assemblymember Meeks, an act to amend the
8 Environmental Conservation Law.
9 ACTING PRESIDENT PERSAUD: Read the
10 last section.
11 THE SECRETARY: Section 2. This
12 act shall take effect immediately.
13 ACTING PRESIDENT PERSAUD: Call the
14 roll.
15 (The Secretary called the roll.)
16 ACTING PRESIDENT PERSAUD: Announce
17 the results.
18 THE SECRETARY: Ayes, 58.
19 ACTING PRESIDENT PERSAUD: The bill
20 is passed.
21 THE SECRETARY: Calendar Number
22 1059, Assembly Bill Number 8280, by
23 Assemblymember Kassay, an act to amend the
24 Environmental Conservation Law.
25 ACTING PRESIDENT PERSAUD: Read the
4446
1 last section .
2 THE SECRETARY: Section 2. This
3 act shall take effect immediately.
4 ACTING PRESIDENT PERSAUD: Call the
5 roll.
6 (The Secretary called the roll.)
7 ACTING PRESIDENT PERSAUD: Announce
8 the results.
9 THE SECRETARY: Ayes, 58.
10 ACTING PRESIDENT PERSAUD: The bill
11 is passed.
12 THE SECRETARY: Calendar Number
13 1060, Assembly Bill Number 8018, by
14 Assemblymember Lunsford, an act to amend the
15 Environmental Conservation Law.
16 ACTING PRESIDENT PERSAUD: Read the
17 last section.
18 THE SECRETARY: Section 2. This
19 act shall take effect immediately.
20 ACTING PRESIDENT PERSAUD: Call the
21 roll.
22 (The Secretary called the roll.)
23 ACTING PRESIDENT PERSAUD: Announce
24 the results.
25 THE SECRETARY: Ayes, 58.
4447
1 ACTING PRESIDENT PERSAUD: The bill
2 is passed.
3 THE SECRETARY: Calendar Number
4 1061, Assembly Bill Number 8658, by
5 Assemblymember Kassay, an act to amend the
6 Environmental Conservation Law.
7 ACTING PRESIDENT PERSAUD: Read the
8 last section.
9 THE SECRETARY: Section 2. This
10 act shall take effect immediately.
11 ACTING PRESIDENT PERSAUD: Call the
12 roll.
13 (The Secretary called the roll.)
14 ACTING PRESIDENT PERSAUD: Announce
15 the results.
16 THE SECRETARY: Ayes, 58.
17 ACTING PRESIDENT PERSAUD: The bill
18 is passed.
19 THE SECRETARY: Calendar Number
20 1062, Assembly Bill Number 8487, by
21 Assemblymember Raga, an act to amend the
22 Environmental Conservation Law.
23 ACTING PRESIDENT PERSAUD: Read the
24 last section.
25 THE SECRETARY: Section 2. This
4448
1 act shall take effect immediately.
2 ACTING PRESIDENT PERSAUD: Call the
3 roll.
4 (The Secretary called the roll.)
5 ACTING PRESIDENT PERSAUD: Announce
6 the results.
7 THE SECRETARY: Ayes, 58.
8 ACTING PRESIDENT PERSAUD: The bill
9 is passed.
10 THE SECRETARY: Calendar Number
11 1063, Assembly Bill Number 8278, by
12 Assemblymember Lasher, an act to amend the
13 Environmental Conservation Law.
14 ACTING PRESIDENT PERSAUD: Read the
15 last section.
16 THE SECRETARY: Section 2. This
17 act shall take effect immediately.
18 ACTING PRESIDENT PERSAUD: Call the
19 roll.
20 (The Secretary called the roll.)
21 ACTING PRESIDENT PERSAUD: Announce
22 the results.
23 THE SECRETARY: Ayes, 58.
24 ACTING PRESIDENT PERSAUD: The bill
25 is passed.
4449
1 THE SECRETARY: Calendar Number
2 1064, Assembly Bill Number 8486, by
3 Assemblymember Wright, an act to amend the
4 Environmental Conservation Law.
5 ACTING PRESIDENT PERSAUD: Read the
6 last section.
7 THE SECRETARY: Section 2. This
8 act shall take effect immediately.
9 ACTING PRESIDENT PERSAUD: Call the
10 roll.
11 (The Secretary called the roll.)
12 ACTING PRESIDENT PERSAUD: Announce
13 the results.
14 THE SECRETARY: Ayes, 58.
15 ACTING PRESIDENT PERSAUD: The bill
16 is passed.
17 THE SECRETARY: Calendar Number
18 1065, Assembly Bill Number 8656, by
19 Assemblymember Kay, an act to amend the
20 Environmental Conservation Law.
21 ACTING PRESIDENT PERSAUD: Read the
22 last section.
23 THE SECRETARY: Section 2. This
24 act shall take effect immediately.
25 ACTING PRESIDENT PERSAUD: Call the
4450
1 roll.
2 (The Secretary called the roll.)
3 ACTING PRESIDENT PERSAUD: Announce
4 the results.
5 THE SECRETARY: Ayes, 58.
6 ACTING PRESIDENT PERSAUD: The bill
7 is passed.
8 THE SECRETARY: Calendar Number
9 1079, Assembly Bill Number 3267, by
10 Assemblymember Jones, an act to authorize certain
11 healthcare professionals licensed to practice in
12 other jurisdictions to practice in this state in
13 connection with an event sanctioned by the
14 World Triathlon Corporation.
15 ACTING PRESIDENT PERSAUD: Read the
16 last section.
17 THE SECRETARY: Section 2. This
18 act shall take effect immediately.
19 ACTING PRESIDENT PERSAUD: Call the
20 roll.
21 (The Secretary called the roll.)
22 ACTING PRESIDENT PERSAUD: Announce
23 the results.
24 THE SECRETARY: Ayes, 58.
25 ACTING PRESIDENT PERSAUD: The bill
4451
1 is passed.
2 THE SECRETARY: Calendar Number
3 1088, Senate Print 4585, by Senator Cleare, an
4 act to amend the Public Health Law.
5 ACTING PRESIDENT PERSAUD: Read the
6 last section.
7 THE SECRETARY: Section 36. This
8 act shall take effect immediately.
9 ACTING PRESIDENT PERSAUD: Call the
10 roll.
11 (The Secretary called the roll.)
12 ACTING PRESIDENT PERSAUD: Announce
13 the results.
14 THE SECRETARY: Ayes, 58.
15 ACTING PRESIDENT PERSAUD: The bill
16 is passed.
17 THE SECRETARY: Calendar Number
18 1094, Senate Print 7408, by Senator Fahy, an act
19 to amend the Public Health Law.
20 ACTING PRESIDENT PERSAUD: Read the
21 last section.
22 THE SECRETARY: Section 3. This
23 act shall take effect one year after it shall
24 have become a law.
25 ACTING PRESIDENT PERSAUD: Call the
4452
1 roll.
2 (The Secretary called the roll.)
3 ACTING PRESIDENT PERSAUD: Announce
4 the results.
5 THE SECRETARY: In relation to
6 Calendar 1094, voting in the negative are
7 Senators Borrello, Bynoe, Canzoneri-Fitzpatrick,
8 Chan, Gallivan, Griffo, Helming, Lanza, Martins,
9 Mattera, Murray, Oberacker, O'Mara, Ortt,
10 Palumbo, Rhoads, Rolison, Stec, Tedisco, Walczyk,
11 Weber and Weik.
12 Ayes, 36. Nays, 22.
13 ACTING PRESIDENT PERSAUD: The bill
14 is passed.
15 THE SECRETARY: Calendar Number
16 1103, Senate Print 537, by Senator Martins, an
17 act in relation to authorizing the County of
18 Nassau assessor to accept an application for a
19 real property exemption.
20 ACTING PRESIDENT PERSAUD: Read the
21 last section.
22 THE SECRETARY: Section 2. This
23 act shall take effect immediately.
24 ACTING PRESIDENT PERSAUD: Call the
25 roll.
4453
1 (The Secretary called the roll.)
2 ACTING PRESIDENT PERSAUD: Announce
3 the results.
4 THE SECRETARY: In relation to
5 Calendar 1103, voting in the negative are
6 Senators Fahy and O'Mara.
7 Ayes, 56. Nays, 2.
8 ACTING PRESIDENT PERSAUD: The bill
9 is passed.
10 THE SECRETARY: Calendar Number
11 1107, Senate Print 4325, by Senator Rhoads, an
12 act authorizing the County of Nassau assessor to
13 accept an application for a real property tax
14 exemption.
15 ACTING PRESIDENT PERSAUD: Read the
16 last section.
17 THE SECRETARY: Section 2. This
18 act shall take effect immediately.
19 ACTING PRESIDENT PERSAUD: Call the
20 roll.
21 (The Secretary called the roll.)
22 ACTING PRESIDENT PERSAUD: Announce
23 the results.
24 THE SECRETARY: In relation to
25 Calendar 1107, voting in the negative are
4454
1 Senators Fahy and Senator O'Mara.
2 Ayes, 56. Nays, 2.
3 ACTING PRESIDENT PERSAUD: The bill
4 is passed.
5 THE SECRETARY: Calendar Number
6 1122, Assembly Bill Number 2185, by
7 Assemblymember Lupardo, an act to amend the
8 Agriculture and Markets Law.
9 ACTING PRESIDENT PERSAUD: Read the
10 last section.
11 THE SECRETARY: Section 2. This
12 act shall take effect immediately.
13 ACTING PRESIDENT PERSAUD: Call the
14 roll.
15 (The Secretary called the roll.)
16 ACTING PRESIDENT PERSAUD: Announce
17 the results.
18 THE SECRETARY: Ayes, 58.
19 ACTING PRESIDENT PERSAUD: The bill
20 is passed.
21 THE SECRETARY: Calendar Number
22 1132, Assembly Bill Number 1672A, by
23 Assemblymember Rosenthal, an act to amend the
24 General Business Law.
25 ACTING PRESIDENT PERSAUD: Read the
4455
1 last section.
2 THE SECRETARY: Section 2. This
3 act shall take effect immediately.
4 ACTING PRESIDENT PERSAUD: Call the
5 roll.
6 (The Secretary called the roll.)
7 ACTING PRESIDENT PERSAUD: Announce
8 the results.
9 THE SECRETARY: Ayes, 58.
10 ACTING PRESIDENT PERSAUD: The bill
11 is passed.
12 THE SECRETARY: Calendar Number
13 1185, Assembly Bill Number 1455, by
14 Assemblymember Hunter, an act to amend the
15 Not-For-Profit Corporation Law.
16 ACTING PRESIDENT PERSAUD: Read the
17 last section.
18 THE SECRETARY: Section 2. This
19 act shall take effect immediately.
20 ACTING PRESIDENT PERSAUD: Call the
21 roll.
22 (The Secretary called the roll.)
23 ACTING PRESIDENT PERSAUD: Announce
24 the results.
25 THE SECRETARY: In relation to
4456
1 Calendar 1185, voting in the negative are
2 Senators Skoufis and Walczyk.
3 Ayes, 56. Nays, 2.
4 ACTING PRESIDENT PERSAUD: The bill
5 is passed.
6 THE SECRETARY: Calendar Number
7 1188, Senate Print 7204, by Senator C. Ryan, an
8 act to amend the Not-For-Profit Corporation Law.
9 ACTING PRESIDENT PERSAUD: Read the
10 last section.
11 THE SECRETARY: Section 2. This
12 act shall take effect immediately.
13 ACTING PRESIDENT PERSAUD: Call the
14 roll.
15 (The Secretary called the roll.)
16 ACTING PRESIDENT PERSAUD: Announce
17 the results.
18 THE SECRETARY: In relation to
19 Calendar 1188, voting in the negative:
20 Senator Skoufis.
21 Ayes, 57. Nays, 1.
22 ACTING PRESIDENT PERSAUD: The bill
23 is passed.
24 THE SECRETARY: Calendar Number
25 1196, Senate Print 6217, by Senator Fernandez, an
4457
1 act to amend the Workers' Compensation Law.
2 ACTING PRESIDENT PERSAUD: Read the
3 last section.
4 THE SECRETARY: Section 3. This
5 act shall take effect immediately.
6 ACTING PRESIDENT PERSAUD: Call the
7 roll.
8 (The Secretary called the roll.)
9 ACTING PRESIDENT PERSAUD: Announce
10 the results.
11 THE SECRETARY: Ayes, 58.
12 ACTING PRESIDENT PERSAUD: The bill
13 is passed.
14 THE SECRETARY: Calendar Number
15 1224 is high and will be laid aside for the day.
16 ACTING PRESIDENT PERSAUD: Calendar
17 Number 1226, Assembly Bill Number 7601, by
18 Assemblymember Alvarez, an act to amend
19 Chapter 383 of the Laws of 1991.
20 ACTING PRESIDENT PERSAUD: Read the
21 last section.
22 THE SECRETARY: Section 2. This
23 act shall take effect immediately.
24 ACTING PRESIDENT PERSAUD: Call the
25 roll.
4458
1 (The Secretary called the roll.)
2 ACTING PRESIDENT PERSAUD: Announce
3 the results.
4 THE SECRETARY: Ayes, 58.
5 ACTING PRESIDENT PERSAUD: The bill
6 is passed.
7 THE SECRETARY: Calendar Number
8 1227, Senate Print 6903A, by Senator S. Ryan, an
9 act to amend the Parks, Recreation and Historic
10 Preservation Law.
11 ACTING PRESIDENT PERSAUD: Read the
12 last section.
13 THE SECRETARY: Section 2. This
14 act shall take effect immediately.
15 ACTING PRESIDENT PERSAUD: Call the
16 roll.
17 (The Secretary called the roll.)
18 ACTING PRESIDENT PERSAUD: Announce
19 the results.
20 THE SECRETARY: Ayes, 58.
21 ACTING PRESIDENT PERSAUD: The bill
22 is passed.
23 THE SECRETARY: Calendar Number
24 1256, Senate Print Number 7469, by
25 Senator Hoylman-Sigal, an act to amend the
4459
1 Penal Law.
2 ACTING PRESIDENT PERSAUD: Read the
3 last section.
4 THE SECRETARY: Section 3. This
5 act shall take effect on the 30th day after it
6 shall have become a law.
7 ACTING PRESIDENT PERSAUD: Call the
8 roll.
9 (The Secretary called the roll.)
10 ACTING PRESIDENT PERSAUD: Announce
11 the results.
12 THE SECRETARY: Ayes, 58.
13 ACTING PRESIDENT PERSAUD: The bill
14 is passed.
15 THE SECRETARY: Calendar Number
16 1273, Assembly Bill Number 7580, by
17 Assemblymember Kay, an act to amend the
18 Alcoholic Beverage Control Law.
19 ACTING PRESIDENT PERSAUD: Read the
20 last section.
21 THE SECRETARY: Section 2. This
22 act shall take effect immediately.
23 ACTING PRESIDENT PERSAUD: Call the
24 roll.
25 (The Secretary called the roll.)
4460
1 ACTING PRESIDENT PERSAUD: Announce
2 the results.
3 THE SECRETARY: In relation to
4 Calendar 1273, voting in the negative are
5 Senators Martinez and Rhoads.
6 Ayes, 56. Nays, 2.
7 ACTING PRESIDENT PERSAUD: The bill
8 is passed.
9 THE SECRETARY: Calendar Number
10 1274, Assembly Bill Number 7578, by
11 Assemblymember Kay, an act to amend the
12 Alcoholic Beverage Control Law.
13 ACTING PRESIDENT PERSAUD: Read the
14 last section.
15 THE SECRETARY: Section 2. This
16 act shall take effect immediately.
17 ACTING PRESIDENT PERSAUD: Call the
18 roll.
19 (The Secretary called the roll.)
20 ACTING PRESIDENT PERSAUD: Announce
21 the results.
22 THE SECRETARY: In relation to
23 Calendar 1274, voting in the negative are
24 Senators Martinez and Rhoads.
25 Ayes, 56. Nays, 2.
4461
1 ACTING PRESIDENT PERSAUD: The bill
2 is passed.
3 THE SECRETARY: Calendar Number
4 1275, Assembly Bill Number 7579, by
5 Assemblymember Kay, an act to amend the
6 Alcoholic Beverage Control Law.
7 ACTING PRESIDENT PERSAUD: Read the
8 last section.
9 THE SECRETARY: Section 2. This
10 act shall take effect immediately.
11 THE SECRETARY: Call the roll.
12 (The Secretary called the roll.)
13 ACTING PRESIDENT PERSAUD: Announce
14 the results.
15 THE SECRETARY: In relation to
16 Calendar 1275, voting in the negative are
17 Senators Martinez and Rhoads.
18 Ayes, 56. Nays, 2.
19 ACTING PRESIDENT PERSAUD: The bill
20 is passed.
21 THE SECRETARY: Calendar Number
22 1285, Senate Print 7858, by Senator Salazar, an
23 act to amend the Public Authorities Law.
24 ACTING PRESIDENT PERSAUD: Read the
25 last section.
4462
1 THE SECRETARY: Section 5. This
2 act shall take effect immediately.
3 ACTING PRESIDENT PERSAUD: Call the
4 roll.
5 (The Secretary called the roll.)
6 ACTING PRESIDENT PERSAUD: Announce
7 the results.
8 THE SECRETARY: In relation to
9 Calendar Number 1285, voting in the negative:
10 Senator Palumbo.
11 Ayes, 57. Nays, 1.
12 ACTING PRESIDENT PERSAUD: The bill
13 is passed.
14 THE SECRETARY: Calendar Number
15 1299, Assembly Bill Number 7928, by
16 Assemblymember Cruz, an act to amend Chapter 730
17 of the Laws of 2019.
18 ACTING PRESIDENT PERSAUD: Read the
19 last section.
20 THE SECRETARY: Section 2. This
21 act shall take effect immediately.
22 ACTING PRESIDENT PERSAUD: Call the
23 roll.
24 (The Secretary called the roll.)
25 ACTING PRESIDENT PERSAUD: Announce
4463
1 the results.
2 THE SECRETARY: Ayes, 58.
3 ACTING PRESIDENT PERSAUD: The bill
4 is passed.
5 THE SECRETARY: Calendar Number
6 1303, Senate Print 79, by Senator Liu, an act to
7 amend the Education Law.
8 ACTING PRESIDENT PERSAUD: Read the
9 last section.
10 THE SECRETARY: Section 2. This
11 act shall take effect immediately.
12 ACTING PRESIDENT PERSAUD: Call the
13 roll.
14 (The Secretary called the roll.)
15 ACTING PRESIDENT PERSAUD: Announce
16 the results.
17 THE SECRETARY: Ayes, 58.
18 ACTING PRESIDENT PERSAUD: The bill
19 is passed.
20 THE SECRETARY: Calendar Number
21 1305, Senate Print 1510, by Senator Liu, an act
22 to amend the Education Law.
23 ACTING PRESIDENT PERSAUD: Read the
24 last section.
25 THE SECRETARY: Section 2. This
4464
1 act shall take effect July 1, 2026.
2 ACTING PRESIDENT PERSAUD: Call the
3 roll.
4 (The Secretary called the roll.)
5 ACTING PRESIDENT PERSAUD: Announce
6 the results.
7 THE SECRETARY: In relation to
8 Calendar 1305, voting in the negative are
9 Senators Lanza, O'Mara, Rhoads, Skoufis and
10 Walczyk.
11 Ayes, 53. Nays, 5.
12 ACTING PRESIDENT PERSAUD: The bill
13 is passed.
14 THE SECRETARY: Calendar Number
15 1309, Senate Print 1311, by Senator Jackson, an
16 act to authorize Jonathan Montalvo to be placed
17 on the eligible list for employment as a
18 full-time university police officer.
19 ACTING PRESIDENT PERSAUD: Read the
20 last section.
21 THE SECRETARY: Section 3. This
22 act shall take effect immediately.
23 ACTING PRESIDENT PERSAUD: Call the
24 roll.
25 (The Secretary called the roll.)
4465
1 ACTING PRESIDENT PERSAUD: Announce
2 the results.
3 THE SECRETARY: Ayes, 58.
4 ACTING PRESIDENT PERSAUD: The bill
5 is passed.
6 THE SECRETARY: Calendar Number
7 1456, Senate Print 56B, by Senator Fernandez, an
8 act to amend the Public Health Law.
9 SENATOR GIANARIS: Lay it aside for
10 the day, please.
11 ACTING PRESIDENT PERSAUD: The bill
12 will be laid aside for the day.
13 THE SECRETARY: Calendar Number
14 1457, Senate Print 180A, by Senator Persaud, an
15 act to amend the Social Services Law.
16 ACTING PRESIDENT PERSAUD: Read the
17 last section.
18 THE SECRETARY: Section 2. This
19 act shall take effect immediately.
20 ACTING PRESIDENT PERSAUD: Call the
21 roll.
22 (The Secretary called the roll.)
23 ACTING PRESIDENT PERSAUD: Announce
24 the results.
25 THE SECRETARY: Ayes, 58.
4466
1 ACTING PRESIDENT PERSAUD: The bill
2 is passed.
3 THE SECRETARY: Calendar Number
4 1458, Assembly Bill Number 2497, by
5 Assemblymember Davila, an act establishing a
6 fiscal task force.
7 ACTING PRESIDENT PERSAUD: Read the
8 last section.
9 THE SECRETARY: Section 2. This
10 act shall take effect immediately.
11 ACTING PRESIDENT PERSAUD: Call the
12 roll.
13 (The Secretary called the roll.)
14 ACTING PRESIDENT PERSAUD: Announce
15 the results.
16 THE SECRETARY: Ayes, 58.
17 ACTING PRESIDENT PERSAUD: The bill
18 is passed.
19 THE SECRETARY: Calendar Number
20 1459, Senate Print 247, by Senator Persaud, an
21 act to amend the Education Law.
22 ACTING PRESIDENT PERSAUD: Read the
23 last section.
24 THE SECRETARY: Section 12. This
25 act shall take effect 18 months after it shall
4467
1 have become a law.
2 ACTING PRESIDENT PERSAUD: Call the
3 roll.
4 (The Secretary called the roll.)
5 ACTING PRESIDENT PERSAUD: Announce
6 the results.
7 THE SECRETARY: In relation to
8 Calendar 1459, voting in the negative:
9 Senator Walczyk.
10 Ayes, 57. Nays, 1.
11 ACTING PRESIDENT PERSAUD: The bill
12 is passed.
13 THE SECRETARY: Calendar Number
14 1461, Senate Print 520, by Senator Persaud, an
15 act to amend the Public Health Law.
16 ACTING PRESIDENT PERSAUD: Read the
17 last section.
18 THE SECRETARY: Section 2. This
19 act shall take effect immediately.
20 ACTING PRESIDENT PERSAUD: Call the
21 roll.
22 (The Secretary called the roll.)
23 ACTING PRESIDENT PERSAUD: Announce
24 the results.
25 THE SECRETARY: Ayes, 58.
4468
1 ACTING PRESIDENT PERSAUD: The bill
2 is passed.
3 THE SECRETARY: Calendar Number
4 1463, Assembly Bill Number 8161, by
5 Assemblymember Woerner, an act to amend
6 Chapter 455 of the Laws of 2011.
7 ACTING PRESIDENT PERSAUD: Read the
8 last section.
9 THE SECRETARY: Section 2. This
10 act shall take effect immediately.
11 ACTING PRESIDENT PERSAUD: Call the
12 roll.
13 (The Secretary called the roll.)
14 ACTING PRESIDENT PERSAUD: Announce
15 the results.
16 THE SECRETARY: In relation to
17 Calendar 1463, voting in the negative:
18 Senator Martinez.
19 Ayes, 57. Nays, 1.
20 ACTING PRESIDENT PERSAUD: The bill
21 is passed.
22 THE SECRETARY: Calendar Number
23 1464, Senate Print 1063, by Senator Serrano, an
24 act to amend the Education Law.
25 ACTING PRESIDENT PERSAUD: Read the
4469
1 last section.
2 THE SECRETARY: Section 3. This
3 act shall take effect immediately.
4 ACTING PRESIDENT PERSAUD: Call the
5 roll.
6 (The Secretary called the roll.)
7 ACTING PRESIDENT PERSAUD: Announce
8 the results.
9 THE SECRETARY: In relation to
10 Calendar 1464, voting in the negative are
11 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
12 Chan, Gallivan, Griffo, Helming, Lanza, Martinez,
13 Martins, Mattera, Murray, Oberacker, O'Mara,
14 Ortt, Palumbo, Rhoads, Rolison,
15 Scarcella-Spanton, Stec, Tedisco, Walczyk, Weber
16 and Weik.
17 Ayes, 34. Nays, 24.
18 ACTING PRESIDENT PERSAUD: The bill
19 is passed.
20 THE SECRETARY: Calendar Number
21 1465, Senate Print 1072, by Senator Serrano, an
22 act to amend the Education Law.
23 ACTING PRESIDENT PERSAUD: Read the
24 last section.
25 THE SECRETARY: Section 2. This
4470
1 act shall take effect immediately.
2 ACTING PRESIDENT PERSAUD: Call the
3 roll.
4 (The Secretary called the roll.)
5 ACTING PRESIDENT PERSAUD: Announce
6 the results.
7 THE SECRETARY: In relation to
8 Calendar 1465, voting in the negative:
9 Senator Walczyk.
10 Ayes, 57. Nays, 1.
11 ACTING PRESIDENT PERSAUD: The bill
12 is passed.
13 THE SECRETARY: Calendar Number
14 1466, Senate Print 1140A, by Senator Gonzalez, an
15 act to amend the Tax Law.
16 ACTING PRESIDENT PERSAUD: Read the
17 last section.
18 THE SECRETARY: Section 2. This
19 act shall take effect immediately.
20 ACTING PRESIDENT PERSAUD: Call the
21 roll.
22 (The Secretary called the roll.)
23 ACTING PRESIDENT PERSAUD: Announce
24 the results.
25 THE SECRETARY: In relation to
4471
1 Calendar 1466, voting in the negative are
2 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
3 Chan, Gallivan, Griffo, Helming, Lanza, Martinez,
4 Martins, Mattera, Murray, Oberacker, O'Mara,
5 Ortt, Rhoads, Rolison, Scarcella-Spanton, Stec,
6 Tedisco, Walczyk, Weber and Weik.
7 Ayes, 35. Nays, 23.
8 ACTING PRESIDENT PERSAUD: The bill
9 is passed.
10 THE SECRETARY: Calendar Number
11 1467, Senate Print 1171, by Senator Mattera, an
12 act to amend the Environmental Conservation Law.
13 ACTING PRESIDENT PERSAUD: Read the
14 last section.
15 THE SECRETARY: Section 6. This
16 act shall take effect on the first of January.
17 ACTING PRESIDENT PERSAUD: Call the
18 roll.
19 (The Secretary called the roll.)
20 ACTING PRESIDENT PERSAUD: Announce
21 the results.
22 THE SECRETARY: In relation to
23 Calendar 1467, voting in the negative are
24 Senators Brisport, Fahy and Martinez.
25 Ayes, 55. Nays, 3.
4472
1 ACTING PRESIDENT PERSAUD: The bill
2 is passed.
3 THE SECRETARY: Calendar Number
4 1468, Senate Print 1197, by Senator Addabbo, an
5 act to amend the Social Services Law.
6 ACTING PRESIDENT PERSAUD: Read the
7 last section.
8 THE SECRETARY: Section 2. This
9 act shall take effect immediately.
10 ACTING PRESIDENT PERSAUD: Call the
11 roll.
12 (The Secretary called the roll.)
13 ACTING PRESIDENT PERSAUD: Announce
14 the results.
15 THE SECRETARY: Ayes, 58.
16 ACTING PRESIDENT PERSAUD: The bill
17 is passed.
18 THE SECRETARY: Calendar Number
19 1469, Senate Print 1200, by Senator Addabbo, an
20 act to amend the Education Law.
21 ACTING PRESIDENT PERSAUD: Read the
22 last section.
23 THE SECRETARY: Section 3. This
24 act shall take effect on the first of July.
25 ACTING PRESIDENT PERSAUD: Call the
4473
1 roll.
2 (The Secretary called the roll.)
3 ACTING PRESIDENT PERSAUD: Announce
4 the results.
5 THE SECRETARY: Ayes, 58.
6 ACTING PRESIDENT PERSAUD: The bill
7 is passed.
8 THE SECRETARY: Calendar Number
9 1470, Senate Print 1366, by Senator Serrano, an
10 act to amend the Mental Hygiene Law.
11 ACTING PRESIDENT PERSAUD: Read the
12 last section.
13 THE SECRETARY: Section 2. This
14 act shall take effect on the 30th day after it
15 shall have become a law.
16 ACTING PRESIDENT PERSAUD: Call the
17 roll.
18 (The Secretary called the roll.)
19 ACTING PRESIDENT PERSAUD: Announce
20 the results.
21 THE SECRETARY: Ayes, 58.
22 ACTING PRESIDENT PERSAUD: The bill
23 is passed.
24 THE SECRETARY: Calendar Number
25 1474, Senate Print 1477, by Senator Krueger, an
4474
1 act to amend the Judiciary Law.
2 SENATOR LANZA: Lay it aside.
3 ACTING PRESIDENT PERSAUD: Lay it
4 aside.
5 THE SECRETARY: Calendar Number
6 1480, Senate Print 3334, by Senator Liu, an act
7 to amend the Education Law.
8 ACTING PRESIDENT PERSAUD: Read the
9 last section.
10 THE SECRETARY: Section 2. This
11 act shall take effect on the first of July.
12 ACTING PRESIDENT PERSAUD: Call the
13 roll.
14 (The Secretary called the roll.)
15 ACTING PRESIDENT PERSAUD: Announce
16 the results.
17 THE SECRETARY: In relation to
18 Calendar 1480, voting in the negative:
19 Senator Martins.
20 Ayes, 57. Nays, 1.
21 ACTING PRESIDENT PERSAUD: The bill
22 is passed.
23 THE SECRETARY: Calendar Number
24 1487, Senate Print 4776, by Senator C. Ryan, an
25 act to amend the Penal Law.
4475
1 ACTING PRESIDENT PERSAUD: Read the
2 last section.
3 THE SECRETARY: Section 4. This
4 act shall take effect on the 60th day after it
5 shall have become a law.
6 ACTING PRESIDENT PERSAUD: Call the
7 roll.
8 (The Secretary called the roll.)
9 ACTING PRESIDENT PERSAUD: Senator
10 Chris Ryan to explain his vote.
11 SENATOR CHRIS RYAN: Thank you,
12 Madam President.
13 Today I rise to speak in strong
14 support of this bill that addresses a growing and
15 dangerous trend, the false reporting of incidents
16 involving deadly weapons and/or dangerous
17 instruments.
18 Such false reports, often referred
19 to as "swatting," are not harmless pranks. They
20 are malicious and deliberate acts that divert
21 emergency services, instill fear, and can lead to
22 tragic consequences, including immense stress and
23 trauma for teachers, students, faculty, and
24 administration, not to mention the families of
25 those that have experienced the unfortunate
4476
1 reality of gun violence in our schools.
2 Our current laws unfortunately do
3 not adequately address the severity of these
4 actions. What this bill does, will send a clear
5 message that intentionally causing panic and
6 misusing our emergency response systems cannot
7 and will not be tolerated.
8 This legislation is not just about
9 punishment, obviously, but it's about prevention
10 and deterring future instances of swatting as
11 well as holding perpetrators accountable for
12 their actions.
13 So I urge my colleagues to support
14 this legislation, join me in protecting our
15 communities, especially our students, our
16 educators. And I certainly hope that the
17 Assembly passes this important bill for the
18 safety of our community.
19 Thank you.
20 ACTING PRESIDENT PERSAUD: Senator
21 C. Ryan to be recorded in the affirmative.
22 Announce the results.
23 THE SECRETARY: Ayes, 58.
24 ACTING PRESIDENT PERSAUD: The bill
25 is passed.
4477
1 THE SECRETARY: Calendar Number
2 1491, Senate Print 5228, by Senator Bailey, an
3 act to amend the Executive Law.
4 ACTING PRESIDENT PERSAUD: Read the
5 last section.
6 THE SECRETARY: Section 2. This
7 act shall take effect immediately.
8 ACTING PRESIDENT PERSAUD: Call the
9 roll.
10 (The Secretary called the roll.)
11 ACTING PRESIDENT PERSAUD: Announce
12 the results.
13 THE SECRETARY: Ayes, 58.
14 ACTING PRESIDENT PERSAUD: The bill
15 is passed.
16 THE SECRETARY: Calendar Number
17 1493, Senate Print 5407A, by Senator Harckham, an
18 act to amend the Mental Hygiene Law.
19 ACTING PRESIDENT PERSAUD: Read the
20 last section.
21 THE SECRETARY: Section 3. This
22 act shall take effect on the 120th day after it
23 shall have become a law.
24 ACTING PRESIDENT PERSAUD: Call the
25 roll.
4478
1 (The Secretary called the roll.)
2 ACTING PRESIDENT PERSAUD: Senator
3 Harckham to explain his vote.
4 SENATOR HARCKHAM: Thank you very
5 much, Madam President.
6 You know, our first responders,
7 whether they're professional or whether they're
8 volunteers, are the backbone and the lifeblood of
9 our communities. They're there when our
10 constituents are really having their darkest day,
11 and they respond with courage, they respond with
12 professionalism, and they respond with skill.
13 And sometimes in the course of their
14 duties they are exposed to great trauma. They
15 see things, they're experiencing things that many
16 of us would never experience in the course of our
17 lives. And through this trauma, we know that
18 they have higher rates of depression, higher
19 rates of anxiety, higher rates of suicidal
20 ideation, and unfortunately higher rates of
21 suicide.
22 All of us have had tragedies in our
23 districts because first responders either
24 couldn't get the help that they needed or felt
25 they couldn't reach out because of the stigma of
4479
1 not appearing weak within the first responder
2 service.
3 So the bill that we're about to
4 pass -- and I thank colleagues from both sides of
5 the aisle who cosponsored this -- is patterned
6 after the Joseph P. Dwyer Veterans Peer to Peer
7 support program, a very, very successful program
8 with our veterans. We talk all the time on this
9 floor about lived experience and peers for people
10 with behavioral health disorders. And this would
11 replicate the Dwyer Program for first responders.
12 And it would allow for
13 confidentiality, and it would allow for first
14 responders to work with each other to lend a
15 helping hand. This is going to be a very
16 important step forward.
17 You know, we were with a bunch of
18 first responders today, did a press conference on
19 this bill. And I thought one of them put it
20 well. He said: "My members, when they see folks
21 on their darkest day, they carry their weight,
22 but they have no place to put that weight down."
23 And with this bill we will be saying
24 to our first responders: We have your back, and
25 you can put that weight down.
4480
1 I'll be voting aye.
2 ACTING PRESIDENT PERSAUD: Senator
3 Harckham to be recorded in the affirmative.
4 Senator Oberacker to explain his
5 vote.
6 SENATOR OBERACKER: Thank you,
7 Madam President.
8 Thank you, Senator Harckham, for
9 bringing this bill forward.
10 At the end of May I'll be
11 celebrating 38 years as a first responder in my
12 volunteer fire department. And I can still
13 remember to this day the first rescue call I was
14 called out on, that then turned into recovery.
15 When we got back to the department
16 that night,there was no talking, there was no
17 discussion, there was no debriefing of what just
18 transpired. You basically buried it and put up
19 with it. And you did so because I guess there
20 was a certain level, Madam President, of macho "I
21 can take this."
22 Well, I can tell you unequivocally,
23 after having been on many more calls like that,
24 Senator Harckham, this bill is great. It's about
25 time. And I thank you for bringing it forward.
4481
1 And I hope that all my first
2 responders will take this moment to break down
3 that level of macho -- burying it, not talking
4 about it. And we'll all become, I think, more
5 healthy, Madam President.
6 So again, Senator Harckham, thank
7 you. Great bill. And I will proudly, proudly,
8 Madam President, vote aye.
9 Thank you.
10 ACTING PRESIDENT PERSAUD: Senator
11 Oberacker to be recorded in the affirmative.
12 Senator Canzoneri-Fitzpatrick to
13 explain her vote.
14 SENATOR CANZONERI-FITZPATRICK:
15 Thank you, Madam President.
16 And I too want to thank the sponsor
17 for this bill. I'm proud to cosponsor it,
18 because who knows better what our first
19 responders see than their peers.
20 And, you know, on Long Island and
21 throughout the state, our volunteer firemen, as
22 Senator Oberacker just said, they're the ones
23 that are out there, volunteers.
24 But I also want to give a shout-out:
25 I have a niece who's an NYPD detective, and my
4482
1 nephew is in the FDNY EMS service. So we need to
2 support those first responders in a powerful way.
3 And as I've spoken about on the
4 floor before, our rate of suicide among our
5 police officers is something that is so
6 troubling. And as the ranking member on Mental
7 Health it's always something I'm trying to figure
8 out, how do we help them, how do we support them,
9 how do we show them that we have their back. And
10 I think this bill is a great start.
11 I proudly vote aye.
12 Thank you, Madam President.
13 ACTING PRESIDENT PERSAUD: Senator
14 Canzoneri-Fitzpatrick to be recorded in the
15 affirmative.
16 Announce the results.
17 THE SECRETARY: Ayes, 58.
18 ACTING PRESIDENT PERSAUD: The bill
19 is passed.
20 THE SECRETARY: Calendar Number
21 1495, Assembly Bill Number 6317, by
22 Assemblymember Fall, an act to amend Chapter 395
23 of the Laws of 1978.
24 ACTING PRESIDENT PERSAUD: Read the
25 last section.
4483
1 THE SECRETARY: Section 2. This
2 act shall take effect immediately.
3 ACTING PRESIDENT PERSAUD: Call the
4 roll.
5 (The Secretary called the roll.)
6 ACTING PRESIDENT PERSAUD: Announce
7 the results.
8 THE SECRETARY: In relation to
9 Calendar 1495, voting in the negative:
10 Senator O'Mara.
11 Ayes, 57. Nays, 1.
12 ACTING PRESIDENT PERSAUD: The bill
13 is passed.
14 THE SECRETARY: Calendar Number
15 1496, Senate Print 6232, by Senator Webb, an act
16 to amend the Public Health Law.
17 ACTING PRESIDENT PERSAUD: Read the
18 last section.
19 THE SECRETARY: Section 2. This
20 act shall take effect on the first of April.
21 ACTING PRESIDENT PERSAUD: Call the
22 roll.
23 (The Secretary called the roll.)
24 ACTING PRESIDENT PERSAUD: Senator
25 Webb to explain her vote.
4484
1 SENATOR WEBB: Thank you,
2 Madam President.
3 I rise to voice my support for this
4 legislation. This bill will authorize the
5 development and deployment of a prenatal and
6 postpartum informational mobile application for
7 individuals who are eligible for Medicaid.
8 As the chair of our Women's Issues
9 Committee, we are continuing to try to find more
10 ways to address the growing crisis surrounding
11 maternal mortality rates. And so we know far too
12 often that too many expecting and new mothers
13 face significant barriers to receiving timely,
14 accurate and culturally competent health
15 information.
16 These barriers are often even more
17 disparaging for those who are on Medicaid who
18 often experience higher rates of maternal and
19 infant health complications due to a lack of
20 access to critical resources.
21 This bill meets people where they
22 are. It recognizes the reality that so many of
23 our constituents rely on mobile technology in
24 their everyday lives, especially when navigating
25 complex health systems. And by providing
4485
1 medically sound, accessible and up-to-date
2 information through a mobile app, we can help
3 reduce disparities, support early intervention
4 and empower individuals with the knowledge they
5 need during one of the most important and
6 vulnerable times of their lives.
7 Madam President, this app would
8 offer guidance on prenatal care, nutrition,
9 mental health, postpartum recovery, and infant
10 care, all tailored to the unique needs of the
11 Medicaid population. It is not a replacement for
12 care, but it's a crucial tool to supplement and
13 strengthen it.
14 As a state, we have to continue to
15 protect and support maternal health and to reduce
16 preventable deaths and to improve outcomes for
17 every family. I proudly vote aye, and I
18 encourage my colleagues to do the same.
19 ACTING PRESIDENT PERSAUD: Thank
20 you. Senator Webb to be recorded in the
21 affirmative.
22 Announce the results.
23 THE SECRETARY: Ayes, 58.
24 ACTING PRESIDENT PERSAUD: The bill
25 is passed.
4486
1 Calendar Number 1497 is high and
2 will be laid aside for the day.
3 THE SECRETARY: Calendar Number
4 1500, Senate Print 7203, by Senator Krueger, an
5 act to amend the State Finance Law.
6 ACTING PRESIDENT PERSAUD: Read the
7 last section.
8 THE SECRETARY: Section 7. This
9 act shall take effect on the 90th day after it
10 shall have become a law.
11 ACTING PRESIDENT PERSAUD: Call the
12 roll.
13 (The Secretary called the roll.)
14 ACTING PRESIDENT PERSAUD: Announce
15 the results.
16 THE SECRETARY: In relation to
17 Calendar 1500, voting in the negative are
18 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
19 Chan, Gallivan, Griffo, Helming, Lanza, Martins,
20 Mattera, Murray, Oberacker, O'Mara, Ortt,
21 Palumbo, Rhoads, Rolison, Stec, Tedisco, Walczyk,
22 Weber and Weik.
23 Ayes, 36. Nays, 22.
24 SENATOR MURRAY: The bill is
25 passed.
4487
1 Senator Gianaris, that completes the
2 reading of today's calendar.
3 SENATOR GIANARIS: Thank you,
4 Madam President.
5 My colleagues, you know what time it
6 is? It's Walczyk Wednesday.
7 (Laughter.)
8 SENATOR GIANARIS: Let's take up
9 the controversial calendar, please.
10 ACTING PRESIDENT PERSAUD: The
11 Secretary will ring the bell.
12 The Secretary will read.
13 THE SECRETARY: Calendar Number
14 1474, Senate Print 1477, by Senator Krueger, an
15 act to amend the Judiciary Law.
16 (Senator Martins rises.)
17 (Laughter.)
18 ACTING PRESIDENT PERSAUD: Senator
19 Martins, why do you rise?
20 SENATOR MARTINS: I was hoping that
21 the sponsor would answer a few questions.
22 ACTING PRESIDENT PERSAUD: Will the
23 sponsor yield for a question?
24 SENATOR KRUEGER: Does he promise
25 to be as entertaining as Senator Walczyk?
4488
1 (Laughter.)
2 SENATOR MARTINS: I can only try.
3 (Laughter.)
4 ACTING PRESIDENT PERSAUD: The
5 sponsor yields.
6 SENATOR KRUEGER: Yes, I do yield.
7 SENATOR MARTINS: Thank you.
8 Through you, Madam President.
9 Senator, if you could tell us, who is this bill
10 intended to affect?
11 SENATOR KRUEGER: Through you,
12 Madam President. We had a champerty law in
13 New York State through about 20 years ago, and it
14 was working just fine.
15 And the fact is that since we
16 changed our law and got rid of the champerty law,
17 we have seen only a small number of companies --
18 but significant companies -- bringing court cases
19 in New York State to basically get back
20 underwater investments that they made, knowing
21 they were underwater, but knowing that if they
22 used the court system to their advantage, they
23 could receive far more money than imagined.
24 And they made the investments based
25 on the belief not that it would increase in
4489
1 value, but so they could sue.
2 So this would only affect
3 corporations, investors that are purposely
4 purchasing stock from sovereign nations, knowing
5 the nation will not be able to make good on the
6 payments, therefore allowing them to go to
7 New York State courts and drag it, through
8 sometimes for years, to get money they otherwise
9 would never have been able to receive.
10 SENATOR MARTINS: Madam President,
11 on the bill.
12 ACTING PRESIDENT PERSAUD: Senator
13 Martins on the bill.
14 SENATOR MARTINS: Thank you.
15 I want to thank Senator Krueger for
16 the explanation.
17 One of the critical points when it
18 comes to contracts, when it comes to making a
19 deal, certainly when it comes to a deal that's
20 made between sophisticated parties -- and
21 certainly when we talk about sovereign debt we're
22 talking about countries that are borrowing money.
23 One of the critical points is that there's
24 certainty with regard to the obligation of the
25 person to repay that debt.
4490
1 We see that in our own lives, and
2 every single New Yorker understands the concept
3 that if you borrow money, you're going to pay it
4 back. It's an easy concept. We all understand
5 it.
6 This bill, on the other hand, says,
7 you know, if you have some intent -- which is
8 frankly undefined -- that somehow you can't use
9 New York State courts in recourse to get that
10 debt repaid.
11 New York State has been and
12 continues to be the single largest repository of
13 sovereign debt in the entire world. They look to
14 New York State law because of its security, its
15 stability, and the knowledge that New York State
16 will honor the obligation to repay the debt,
17 regardless of who it's to.
18 It's also the single largest
19 repository for corporate debt in terms of using
20 New York State law as the place where these
21 issues are going to be determined. That didn't
22 happen by chance. It's because people understand
23 here, whether you have a handshake or whether you
24 have a document, we're going to honor the
25 obligation to pay it back.
4491
1 Once we start changing that, we're
2 putting the entire industry at risk.
3 Now, there are -- I'm sure each and
4 every one of my colleagues in this chamber has
5 read this piece of legislation and understands
6 what's in here. But there's language here that
7 speaks to intent. So that anyone who is
8 borrowing money understands that they have an
9 obligation to pay it back, but if somehow the
10 person who lent the money passes it on to
11 somebody else, who then seeks to enforce that
12 obligation, if they're considered to be bad
13 actors, somehow they're not entitled to be
14 repaid. And that's wrong. And it's dangerous.
15 I remind my colleagues that
16 according to the State Comptroller, the financial
17 industry in New York State accounts for nearly
18 20 percent of revenues to our state, nearly
19 $20 billion a year. I want you to think about
20 that for a second when we talk about the need to
21 provide for those who are less fortunate, the
22 need for us here to pass legislation and to pass
23 a budget where we allocate resources to those who
24 have less than we do and we want to support.
25 That money comes from the financial
4492
1 industry in this state. And the idea that we
2 would turn our backs, as the preeminent place
3 because of our laws and the stability of our
4 laws, as to where they can seek recourse, is
5 wrong.
6 You may or may not be aware, but
7 just two weeks ago the State of Texas, because of
8 this bill, passed a law which was signed by
9 Governor Abbott that said, Come to Texas. If you
10 can't rely on New York State to protect you, come
11 to Texas, come here. They passed it.
12 And so at a time when we should be
13 doubling down and understand the obligation that
14 we have to provide a stable place for people to
15 recover -- especially sovereign debt. My God. I
16 challenge everyone in this room to think about
17 whether this bill will make New York better or
18 worse, improve the lives of our residents or not,
19 actually make it harder for us to provide
20 resources as a state to those in our communities,
21 through our budget process, whether this law is
22 meant to help New Yorkers or not.
23 And, Madam President, I would say
24 it's not. Clearly. Because it doesn't help a
25 single person in New York State to pass this
4493
1 bill. Not one.
2 Our pension systems invest in bonds
3 for foreign debt. There are corporate investors
4 in that. These aren't just monies that appear
5 out of nowhere. These are institutional and
6 financial institutions that invest hundreds of
7 millions if not billions of dollars in support
8 sometimes of countries in different parts of the
9 world.
10 And the idea that somehow we're
11 going to make it easier for them by making it
12 less likely that someone's going to be repaid
13 here is absurd.
14 The end result, Madam President, is
15 that it's going to be harder for those who seek
16 financing to actually get that financing.
17 We don't have to go to countries
18 outside. We understand in our own communities,
19 if you've got places that are socioeconomically
20 disadvantaged and they go to the bank and ask for
21 a loan, if the bank doesn't understand that
22 they're going to be repaid, the rate that they're
23 going to pay back on that loan is higher, the
24 conditions are going to be stricter, and
25 someone's going to pay more for the same loan.
4494
1 And what we're doing here is we're
2 creating instability for precisely those in the
3 world who are least capable of paying more.
4 So who benefits? I guess perhaps
5 people who want to virtue-signal,
6 Madam President. Perhaps people who want to say,
7 You know what, we have a big heart, we don't want
8 to see people making money. Well, guess what?
9 That's the deal. If I agree to borrow money from
10 someone and I decide I'm going to pay them back
11 on certain terms and they then ask me to pay them
12 back on those terms, those are the terms I agreed
13 to.
14 Yet we're going to say no? Somehow
15 we're going to say that sophisticated people --
16 in this case, countries, sovereign nations, who
17 pledged to repay money that was given to them,
18 whether it's by banking institutions, corporate
19 institutions, or pension funds paid for with the
20 pensions of people who work in this state --
21 we're going to put that at risk?
22 For whom, Madam President, for whom?
23 For people who live in a foreign country? How
24 does that benefit New York State? It doesn't.
25 So as I read this bill,
4495
1 Madam President, I was troubled. Because I
2 literally went through it and went through it
3 again because I wanted to see where in the bill
4 there was a benefit for us as New Yorkers.
5 Because this is still the New York State Senate,
6 and we're still passing bills with the
7 predominant purpose being our constituents.
8 And I challenge anyone to look at
9 this bill and tell me where in this bill there is
10 a benefit to anyone that lives in your
11 communities. To the contrary, and at the risk of
12 repeating myself, how are we going to pay for
13 things when we are pushing out industry, and
14 specifically the financial industry in this
15 state, and we are jeopardizing our position as a
16 state for the benefit of others who are more than
17 willing to take those industries?
18 We've already seen it. We've seen
19 companies moving to Florida. We see companies
20 moving to Texas. And yet you look at a bill like
21 this and you really don't have to question why.
22 It's the wrong message. It sends the wrong
23 signal.
24 You know, Madam President, when we
25 talk about that it applies to cooperative
4496
1 investors, there's a term in this bill that
2 speaks to cooperative investors. It means those
3 investors are supposed to be investors that
4 purchase the debt -- someone wanted to sell it,
5 they purchased it, but they're not really that
6 bad because they have a history of sometimes
7 cooperating and other times not cooperating in
8 terms of resolving similar situations.
9 How is anyone supposed to make a
10 decision based on terms like "cooperative
11 intent"? And what that ends up doing,
12 Madam President, is the entire industry is at
13 risk because they're going to have to go before a
14 judge who's going to have to make a decision on a
15 case-by-case basis on whether they acted
16 cooperatively based on past intent.
17 Folks, this is still New York State.
18 Laws still matter. Contracts still matter.
19 Frankly, where I come from, whether it's a
20 handshake, whether someone signs a document or
21 someone agrees to pay somebody back, that's their
22 obligation.
23 The idea that we as a state and as a
24 body here in New York are going to change that
25 and allow for intent to fall in -- to determine
4497
1 whether or not someone should be repaid or not,
2 it's a mistake. We're making a mistake, and
3 we're putting our taxpayers and residents at
4 risk.
5 It's our responsibility to put them
6 first, to make sure we have these resources, to
7 make sure we don't throw these resources away to
8 places like Texas and Florida and the Carolinas
9 and Tennessee -- and unfortunately, the list goes
10 on and on and on these days, because I've seen
11 too many businesses leaving New York and going
12 somewhere else.
13 The financial industry continues to
14 be here -- but make no mistake, in a world where
15 people can work from anywhere, they can work
16 remotely, they can work on a computer screen
17 literally anywhere in the world, the idea that we
18 would jeopardize our standing as the preeminent
19 place for financing in the country, if not the
20 world, again is a mistake.
21 So -- and again, Madam President, if
22 there was a benefit to our state, if there was a
23 benefit to our taxpayers and to our residents, if
24 we were doing it in a way that actually brought
25 revenue into the state so that we could provide
4498
1 for those in our communities that are most needy,
2 then it would make sense. But it doesn't. There
3 isn't a single thing about this bill that makes
4 this state better. It's irresponsible. It's a
5 mistake.
6 Madam President, I'll be voting no.
7 And I'm urging each and every one of my
8 colleagues to reevaluate -- read the bill. Take
9 a look at it. Take a glance at it, and you'll
10 see I'm right. And I urge you to vote no.
11 ACTING PRESIDENT PERSAUD: Thank
12 you, Senator.
13 Senator Walczyk.
14 Sorry --
15 SENATOR KRUEGER: Senator Krueger
16 on the bill.
17 ACTING PRESIDENT PERSAUD: Senator
18 Krueger on the bill.
19 SENATOR KRUEGER: Thank you. Then
20 I'll be happy to take more questions.
21 I have to respond to my colleague
22 because he's wrong on my bill.
23 The fact is, it is affecting
24 New Yorkers. The fact is, it's a very carefully
25 sculpted bill that is supported by the vast
4499
1 majority of people in the financial industry that
2 have worked on these cases, because I worked with
3 them and changed this bill. In fact, the New
4 York City Partnership says they have no objection
5 to this bill.
6 It's enacted to deter wasteful,
7 disruptive litigation in the courts of New York
8 State whereby investors are seeking to game the
9 sovereign crisis resolution process for their own
10 personal profit. And as such, this bill supports
11 orderly debt markets and thereby protects
12 New York's statutes as the favored jurisdiction
13 for sovereign debt issuance and investment.
14 The failure of us to move a bill
15 like this has resulted in intensive disruptive
16 litigation against multiple countries, including
17 Peru and Argentina, that have dragged through our
18 courts, costing us and costing bondholders an
19 enormous amount of money.
20 The Argentine holdout creditor
21 litigation included almost 300 separate lawsuits,
22 35 appeals over 150 hearings, and absorbed the
23 work of judges for over a decade. It culminated
24 in the blockade, in 2014, on payments to
25 92 percent of Argentina's bondholders, many of
4500
1 which, of course were here in New York, after
2 which the sovereign debt market had to accept
3 powerful anti-holdout-voting clauses to deter
4 continuing disruptive behaviors.
5 This bill complements the decisions
6 that were made then, but the bill is required
7 because these behaviors do continue by a very
8 small number of investment companies. So the
9 champerty provision does protect New Yorkers,
10 New York investors, and secures our continued
11 reputation as being the place in the world where
12 these kinds of decisions and court cases can be
13 held up as examples of how you do things.
14 Champerty was the law from the
15 1800s. It is well-established. It worked fine
16 until we broke it. We're trying to fix it.
17 And as far as it also affecting
18 New Yorkers besides putting our own bondholders
19 at risk if they were tied into any of these same
20 arrangements, we have also seen that the
21 countries that are forced into -- again, the
22 courts will have to make the determination: Did
23 you make an investment believing you were going
24 to get a return? Which is how we're supposed to
25 do our investing. Or did you make this
4501
1 investment knowing you could not earn the return,
2 the only way you would make money is through
3 litigation that basically held up everything else
4 from ever happening in that country until you
5 were paid?
6 So this law still leaves it to the
7 courts to determine whether you're the bad actor
8 or whether you made a legitimate investment and
9 expect to get paid back. It doesn't override
10 your right to get paid back unless a court
11 determines that you are acting in bad faith and
12 have a history of acting in bad faith.
13 And I believe that's why people that
14 I worked with who were advisors to the U.S.
15 Treasury, who worked on those issues from the
16 British market system to the IMF to national
17 scholars in finance, all agree this is an
18 important thing for us to do. It's not going to
19 harm New Yorkers, it's going to help protect
20 New Yorkers.
21 But you know who else it's going to
22 help? And it's true, they're not New Yorkers.
23 It's people in other countries around the world
24 who have been exploited by this arrangement, and
25 it has resulted in countries having to change the
4502
1 value of their currency, resulting in increased
2 poverty, lower economic success in their own
3 countries, and guess what, migration to other
4 countries to get away from the countries who are
5 facing these problems and often coming here.
6 So there are people who think
7 migration to New York is a great thing and helps
8 to make us stronger and more diverse, and there
9 are people who are concerned about mass migration
10 from various parts of the world to New York. And
11 much of that migration is actually driven by bad
12 economic storylines at home and people coming
13 here seeking a better life.
14 And yet they would prefer to stay in
15 their home country if they could, but because of
16 actions like this by some mega U.S. investors at
17 the level of billions and billions of dollars,
18 they find themselves having nowhere to go for
19 work or for any standard of living. And so they
20 come here. Whether we think it's a good thing or
21 not, that's what they're doing.
22 So this bill actually helps protect
23 New York and New Yorkers, and also evens the
24 playing field in our court system as it was for
25 over a hundred years before we changed the law in
4503
1 2004.
2 So it's not bad for New York. Just
3 the opposite. It's the right thing to do, and it
4 has all kinds of advantages for our investment
5 system. And I have no concern that this will
6 cost New York State money or even business.
7 The irony is Texas passes a law,
8 they're still going to use New York lawyers.
9 Let's be honest. So they're going to do the
10 court case in Texas with New York lawyers? I'm
11 not sure why we should be that worried about that
12 anyway.
13 Now I'm happy to take questions from
14 whoever else has questions.
15 ACTING PRESIDENT PERSAUD: Thank
16 you, Senator.
17 Senator Walczyk.
18 SENATOR WALCZYK: Thank you,
19 Madam President. On the bill.
20 ACTING PRESIDENT PERSAUD: Senator
21 Walczyk on the bill.
22 SENATOR WALCZYK: From the
23 sponsor's memo, from Senator Middleton, he
24 writes -- and this is Senate Bill 1239 in
25 Texas -- "Sovereign debt refers to money that a
4504
1 country's government borrows to finance its
2 spending beyond its revenue. This debt can be
3 issued in the form of bonds or loans and is often
4 held by foreign and U.S. investors, banks,
5 private creditors and others.
6 "Historically, borrowing countries
7 often chosen to issue under the law of New York.
8 This is largely an artifact of New York's
9 historical primacy in financial markets and the
10 significant financial industry presence.
11 "Recent proposed legislation in
12 New York would create serious legal uncertainty
13 for lenders and borrowers alike.
14 "The prospect of this legislation
15 has prompted creditors to consider other
16 jurisdictions. While the New York courts and
17 financial sector presence have been appealing,
18 Texas has been mentioned as an alternative
19 jurisdiction for choice of governing law and
20 jurisdiction.
21 "The combination of financial
22 industry growth and judicial strength makes Texas
23 a compelling choice for managing complex
24 sovereign debt issues that could rival
25 traditional centers like New York. Senate Bill
4505
1 1239 seeks to position Texas to be a leader in
2 sovereign debt cases by amending the business and
3 commerce code to make the state an acceptable and
4 reliable venue.
5 "This bill would ensure that causes
6 of action relating to security travel with that
7 security, and parties may agree to modify that
8 agreement and choose the law of a different
9 jurisdiction, including Texas. The bill would
10 state that if a security is determined to be
11 invalid under the law of the issuer's
12 jurisdiction, the law agreed in the governing
13 documentation would govern the consequences of
14 such invalidity.
15 "Additionally, this bill would
16 clarify the champerty as defined in New York
17 statute prohibiting the purchase of securities
18 for the sole purpose of litigation does not apply
19 by codifying that Texas common law does not
20 recognize the doctrine of champerty."
21 That bill was signed into law on
22 May 30th and will be effective on August 1st,
23 positioning Texas in case this bill before us
24 becomes law.
25 And with that, I wonder if the
4506
1 Finance chair would yield for some questions.
2 ACTING PRESIDENT PERSAUD: Will the
3 sponsor yield?
4 SENATOR KRUEGER: Certainly.
5 ACTING PRESIDENT PERSAUD: The
6 sponsor yields.
7 SENATOR WALCZYK: And through you,
8 Madam President. Did you know Texas was
9 preparing to take over this sector of industry?
10 SENATOR KRUEGER: As of about an
11 hour ago I did.
12 SENATOR WALCZYK: And through you,
13 Madam President, would the sponsor continue to
14 yield?
15 ACTING PRESIDENT PERSAUD: Will the
16 sponsor yield?
17 SENATOR KRUEGER: Yes.
18 ACTING PRESIDENT PERSAUD: The
19 sponsor yields.
20 SENATOR WALCZYK: Are you concerned
21 with the economic implications for New York City
22 and our state if the sovereign bond market, more
23 than half of which is governed by New York law,
24 relocates to other jurisdictions like Texas?
25 SENATOR KRUEGER: There's no basis
4507
1 to believe that the investment organizations
2 would all relocate to Texas.
3 Conceivably, the two large vulture
4 funds that do this kind of investment might
5 choose to go to Texas. That's two out of
6 thousands.
7 SENATOR WALCZYK: Through you,
8 Madam President, would the sponsor continue to
9 yield?
10 ACTING PRESIDENT PERSAUD: Does the
11 sponsor yield?
12 SENATOR KRUEGER: Yes.
13 ACTING PRESIDENT PERSAUD: The
14 sponsor yields.
15 SENATOR WALCZYK: Thank you.
16 Have you considered that if this
17 bill passes and is signed into law, the much
18 larger U.S. corporate debt markets, which are
19 overwhelmingly governed by New York State law
20 currently, will be spooked by the risk that the
21 champerty law will be extended to them?
22 SENATOR KRUEGER: Through you,
23 Madam President, no, I'm not. We had the
24 champerty law through 2004. Nobody was spooked
25 then. And since the vast majority of the market
4508
1 and the investors in the market actually agree
2 with me that this kind of activity is wrong, I
3 don't think they'll be spooked if we put it back
4 into our law.
5 SENATOR WALCZYK: And through you,
6 Madam President, would the sponsor continue to
7 yield.
8 SENATOR KRUEGER: Yes.
9 ACTING PRESIDENT PERSAUD: The
10 sponsor yields.
11 SENATOR WALCZYK: What about
12 concerns about opportunistic defaults by
13 sovereign debtors who would be protected from
14 litigation?
15 SENATOR KRUEGER: Through you,
16 Madam President. You'd only be protected from
17 litigation if a New York judge determined that
18 the charges being brought were not legitimate.
19 So it doesn't protect you from any case, it only
20 protects you as a sovereign nation if in fact the
21 basis for the court case against you is someone
22 trying to basically get money that they knew they
23 wouldn't be able to get from you the right way,
24 so they went down the let's-invest-and-sue road.
25 So no, I'm not concerned.
4509
1 SENATOR WALCZYK: And through you,
2 Madam President, will the sponsor continue to
3 yield.
4 ACTING PRESIDENT PERSAUD: Does the
5 sponsor yield?
6 SENATOR KRUEGER: Yes.
7 ACTING PRESIDENT PERSAUD: The
8 sponsor yields.
9 SENATOR WALCZYK: New York is not
10 able to solve any perceived debt crisis because
11 other forums, like Texas, will provide an option.
12 Isn't this really more of an issue for the G20
13 global sovereign debt roundtable than it is for
14 New York State?
15 SENATOR KRUEGER: Through you,
16 Madam President. I would love if the
17 international world would take on this issue. I
18 know I had conversations even with people who
19 worked with the IMF who were very disturbed about
20 this practice and very excited about New York
21 State moving legislation but didn't feel that
22 they were in a place to get to resolution at this
23 time.
24 So I have no conflict with our
25 moving this bill in New York State and hopefully
4510
1 being seen as an example of why the whole world
2 should go down the exact same road. That would
3 be in everyone's best interests.
4 SENATOR WALCZYK: Through you,
5 Madam President, will the sponsor continue to
6 yield?
7 ACTING PRESIDENT PERSAUD: Does the
8 sponsor yield?
9 SENATOR KRUEGER: Yes.
10 ACTING PRESIDENT PERSAUD: The
11 sponsor yields.
12 SENATOR WALCZYK: Any specific
13 countries that this wouldn't apply to?
14 SENATOR KRUEGER: Would not apply
15 to? Did I hear you correctly?
16 SENATOR WALCZYK: Yes.
17 SENATOR KRUEGER: I'm not aware of
18 any countries that would be included or excluded
19 based on their being a specific country, no.
20 SENATOR WALCZYK: Through you,
21 Madam President, will the sponsor continue to
22 yield.
23 SENATOR KRUEGER: Yes.
24 ACTING PRESIDENT PERSAUD: The
25 sponsor yields.
4511
1 SENATOR WALCZYK: So this bill
2 applies to sovereign debt without qualification
3 as to the country's financial condition. So
4 would the opportunity to assert champerty defense
5 be available to Russia?
6 SENATOR KRUEGER: Through you,
7 Madam President, I would think so.
8 SENATOR WALCZYK: And through you,
9 Madam President, would the sponsor continue to
10 yield.
11 SENATOR KRUEGER: Yes.
12 ACTING PRESIDENT PERSAUD: The
13 sponsor yields.
14 SENATOR WALCZYK: Would it be
15 available to China?
16 SENATOR KRUEGER: Again, I don't
17 believe there's anything in this bill that
18 excludes a specific country.
19 I think in any situation, if that
20 country loaned -- took a loan, could not pay it
21 back, and was being sued by whoever loaned them
22 the money, they would have the exact same
23 situation in our courts of needing to prove that
24 that company who loaned them the money knew they
25 wouldn't be able to pay it back and therefore
4512
1 were going to go the court route to get back more
2 money than other debtors would be eligible to
3 get.
4 SENATOR WALCZYK: And through you,
5 Madam President, would the sponsor continue to
6 yield?
7 SENATOR KRUEGER: Yes.
8 ACTING PRESIDENT PERSAUD: The
9 sponsor yields.
10 SENATOR WALCZYK: Knew that they
11 wouldn't pay it back, would that include hostile
12 foreign actors, nations that are considered
13 hostile to the United States?
14 SENATOR KRUEGER: Through you,
15 Madam President, I don't know if there's a legal
16 definition for a hostile foreign actor that would
17 be specific to this law or even international
18 borrowing. So I sincerely don't know whether
19 there's already rules that say if you're
20 considered a hostile foreign actor,
21 U.S. companies shouldn't be loaning to you in the
22 first place. Maybe there is. (Pause.)
23 I don't -- I don't see having
24 another answer here.
25 SENATOR WALCZYK: Through you,
4513
1 Madam President, would the sponsor continue to
2 yield.
3 SENATOR KRUEGER: Yes.
4 ACTING PRESIDENT PERSAUD: The
5 sponsor yields.
6 SENATOR WALCZYK: Is your concern
7 really enhancement of negotiations between the
8 parties?
9 SENATOR KRUEGER: Could I ask you
10 to rephrase? I wasn't quite sure that was a full
11 question.
12 SENATOR WALCZYK: Yeah, through
13 you, Madam President, I'll rephrase.
14 Is the concern enhancement
15 between -- in negotiations between those who are
16 in debt and those who are trying to collect the
17 debt?
18 SENATOR KRUEGER: Would it be a
19 concern now or would it be a concern later? I'm
20 still having a little trouble understanding.
21 SENATOR WALCZYK: Through you,
22 Madam President. If -- is that the intent here?
23 Are you trying to enhance the negotiations?
24 SENATOR KRUEGER: Through you,
25 Madam President. What I'm hoping to do is to
4514
1 reestablish the law as it existed in New York
2 that in order to sue someone for debt that they
3 cannot pay you back, you would have to establish
4 that you did not knowingly lend them money with
5 the intention not of earning on the loan, but
6 rather on being able to bring it to court, jump
7 in front of all other debtors, and get more money
8 than you would otherwise be eligible to get.
9 SENATOR WALCZYK: Through you,
10 Madam President, would the sponsor continue to
11 yield.
12 ACTING PRESIDENT PERSAUD: Does the
13 sponsor yield?
14 SENATOR KRUEGER: Yes.
15 ACTING PRESIDENT PERSAUD: The
16 sponsor yields.
17 SENATOR WALCZYK: What will the
18 impact of this bill be on the cost of debt for
19 sovereign countries who are in a weaker financial
20 condition?
21 SENATOR KRUEGER: Through you,
22 Madam President, there is the question of are
23 there some people who won't buy their debt if
24 they can't go to court and take advantage of the
25 country afterwards? Maybe.
4515
1 However, what we have found, because
2 we don't have the champerty law effective in
3 New York is that these countries currently are in
4 far, far weaker positions to protect themselves
5 and their people. So conceivably, there will be
6 a few people who will choose not to invest in
7 them anymore, but probably in their best interest
8 that they don't.
9 SENATOR WALCZYK: Through you,
10 Madam President, will the sponsor continue to
11 yield?
12 SENATOR KRUEGER: Yes.
13 ACTING PRESIDENT PERSAUD: The
14 sponsor yields.
15 SENATOR WALCZYK: And if they do
16 choose to invest in them in the future, wouldn't
17 you anticipate that the rates of that investment
18 would increase for those who are in a weaker
19 financial condition?
20 SENATOR KRUEGER: Through you,
21 Madam President, it seems that since we ended the
22 champerty law in 2004 we found more exploitation
23 of the poorest countries in the sovereign market
24 world.
25 So no, I don't think that reversing
4516
1 ourselves and putting the law back in place puts
2 these countries at greater risk of higher costs.
3 If anything, perhaps they will face less of these
4 problems and might even see lower costs.
5 Again, just for the record, when we
6 passed this change in law in 2004 -- and I was
7 probably one of the few people who was here
8 then -- I strongly spoke out against the law and
9 voted against changing the law because I had
10 spoken to people at the U.S. Treasury and the
11 U.S. Congress and said, should we be going down
12 this road? And they all said no, please don't.
13 We have chosen not to go down this road because
14 it's the wrong action to take, so we -- the
15 federal government at that time -- are saying
16 please don't do this. We said no to these people
17 who were lobbying for it.
18 And yet they came here to Albany and
19 they lobbied and they spent a lot of money
20 lobbying, and we passed the bill to end
21 champerty. It was a mistake then, it's been a
22 mistake ever since. I'm hoping we can fix that
23 mistake now.
24 SENATOR WALCZYK: Through you,
25 Madam President, would the sponsor continue to
4517
1 yield.
2 SENATOR KRUEGER: Yes.
3 ACTING PRESIDENT PERSAUD: The
4 sponsor yields.
5 SENATOR WALCZYK: Are you aware
6 that China is a creditor of many of the
7 sovereigns that have issued debt under New York
8 law?
9 SENATOR KRUEGER: Probably. I
10 think we're debtors to China as well.
11 Through you, yes.
12 SENATOR WALCZYK: Through you,
13 Madam President, if the sponsor would continue to
14 yield.
15 SENATOR KRUEGER: Yes.
16 ACTING PRESIDENT PERSAUD: The
17 sponsor yields.
18 SENATOR WALCZYK: If China sees
19 that fewer recovery payments will go to New York
20 law creditors, it will just demand more from the
21 sovereign. Instead of the sovereign benefiting
22 from the proposed bill, the funds will just be
23 diverted to China in a way, won't they?
24 SENATOR KRUEGER: I'm not a hundred
25 percent sure that I understood the question.
4518
1 But if the question is if Endicott
2 can't loan money that it intends to never get
3 back except to sue someone, doesn't lend to that
4 country, will China lend to that country? Maybe.
5 But as far as I've been reading the
6 newspapers every day, China's jumping into every
7 other country in the world financially and in
8 other ways now. So I'm not sure how much one law
9 we change for our court system in New York
10 affects the international patterns of what
11 countries are doing with each other
12 internationally.
13 SENATOR WALCZYK: Through you,
14 Madam President, would the sponsor continue to
15 yield?
16 SENATOR KRUEGER: Yes.
17 ACTING PRESIDENT PERSAUD: The
18 sponsor yields.
19 SENATOR WALCZYK: In Section 4,
20 paragraph (b) of your bill, you have a timeline
21 here when you're talking about change of interest
22 and where it will apply. Why May 15th of 2024?
23 Why was that written into your legislation?
24 SENATOR KRUEGER: That was the date
25 that we chose last year. And it's true it did
4519
1 not pass last year, so we might need a chapter
2 amendment to change the date.
3 Thank you for picking up on that,
4 Senator.
5 SENATOR WALCZYK: My pleasure.
6 Would the sponsor continue to yield.
7 SENATOR KRUEGER: Yes.
8 ACTING PRESIDENT PERSAUD: The
9 sponsor yields.
10 SENATOR WALCZYK: Should we honor
11 financial contracts in New York State?
12 SENATOR KRUEGER: Should we honor.
13 Through you, Madam President. We should honor
14 legitimate contracts that move through New York
15 State.
16 In this situation -- and it's very
17 explicit in the bill -- there would only be a
18 question of whether the deal and the lawsuit was
19 legitimate if a court in the State of New York
20 determined it was a legitimate contract. So
21 we're not taking over that decision. We are
22 handing back to the courts of New York the tool
23 they had for over a hundred years to make a
24 determination whether this was a good-faith
25 contract originally.
4520
1 And while I didn't go to law school,
2 I did take contracts -- I thought it was
3 fascinating -- at University of Chicago Law
4 School. Because we were allowed to take a
5 certain number of classes in the law school.
6 And what I learned from contract
7 law, and I'm sure my colleagues who went to
8 law school know it far better than I, a contract
9 is only a contract until one of the parties says,
10 I don't agree with that anymore. And then you
11 start again.
12 So we're saying there's a contract.
13 Somebody sues, somebody goes to court, they say
14 it wasn't a fair contract. The court rules,
15 yeah, it wasn't, you start again.
16 I don't think that's abnormal at
17 all. In fact, that's the one thing I remember
18 from University of Chicago Law School contracts
19 class in 1981.
20 SENATOR WALCZYK: Thank you,
21 Madam President.
22 On the bill.
23 ACTING PRESIDENT PERSAUD: Senator
24 Walczyk on the bill.
25 SENATOR WALCZYK: Twenty billion
4521
1 dollars in state revenue annually. That's what
2 the industry brings into this state. I often
3 hear members from New York City talk about the
4 financial hub of New York City being a revenue
5 producer. Twenty billion dollars is the revenue
6 that we're talking about here.
7 And there's a reason that this has
8 been opposed by SIFMA, Creditor Rights Coalition,
9 The Business Council, and many others opposing
10 this bill. Most sovereign bonds governed by
11 foreign law are governed by New York law because
12 we are the home to the financial center and we
13 honor our financial contracts.
14 From the Security Industry Financial
15 Markets Association (reading): New York has been
16 a preferred place for capital markets not just
17 because buyers and sellers or borrowers and
18 lenders can find each other in one place; they
19 also rely on the legal framework that has evolved
20 to support capital markets actively and rely on
21 that framework being stable and predictable.
22 The proposed champerty bill and the
23 amendments under consideration would be a sharp
24 departure from this practice precedent and
25 undermine New York's status as a jurisdiction in
4522
1 which contracts are recognized and sacrosanct.
2 Intervening on behalf of specific
3 parties with the goal of reducing or canceling
4 debt challenges the very foundational notions of
5 a process designed specifically to ensure fair
6 treatment of all involved, in the name of
7 attempting to help one party, which is a
8 sovereign with difficulty servicing its
9 outstanding debt.
10 The proposal would abandon
11 principles of equal treatment based on investing
12 and negotiating posture.
13 This bill will force a portion of
14 the financial sector out of state. There's a
15 reason that Texas is also licking its chops to
16 get the revenue that we will lose if we pass this
17 bill into law. It will hurt those revenues, and
18 it may actually even damage the foreign nations
19 it purports to assist.
20 I certainly wasn't elected to
21 represent them, and neither were any of you. But
22 nobody benefits if this bill is passed into law.
23 It is wrong on principle and on impact and will
24 only damage our state and its future.
25 And with that, I encourage my
4523
1 colleagues to vote no.
2 Thank you, Madam President.
3 ACTING PRESIDENT PERSAUD: Thank
4 you, Senator.
5 Are there any other Senators wishing
6 to be heard?
7 Seeing and hearing none, the debate
8 is closed. The Secretary will ring the bell.
9 Read the last section.
10 THE SECRETARY: Section 2. This
11 act shall take effect immediately.
12 ACTING PRESIDENT PERSAUD: Call the
13 roll.
14 (The Secretary called the roll.)
15 ACTING PRESIDENT PERSAUD: Senator
16 Rivera to explain his vote.
17 SENATOR RIVERA: Thank you,
18 Madam President.
19 Let's just say a couple of things.
20 Whatever complicated and improbable hypotheticals
21 my colleagues can come up, there are realities
22 here that we have to deal with. The financial
23 sector has predatory bad actors. And to be
24 really simple about it, the fact is that in
25 certain instances bad actors and financial
4524
1 institutions lend money with the purpose of
2 suing.
3 That's all we're doing here. We're
4 not destroying anybody who is a good actor. If
5 you want to defend the predators, go right ahead.
6 But the reality is that good actors lend money to
7 get their money back. This does nothing to stop
8 that from happening.
9 What it does is it creates a
10 situation where we know that there's bad
11 predatory actors whose purpose is to lend money
12 to put countries in bad situations so that they
13 get more money back than they should through the
14 courts.
15 That's what this does. I'm glad
16 that this has been brought to the floor, and I'm
17 proudly voting in the affirmative.
18 Thank you, Madam President.
19 ACTING PRESIDENT PERSAUD: Senator
20 Rivera to be recorded in the affirmative.
21 Announce the results.
22 THE SECRETARY: In relation to
23 Calendar 1474, voting in the negative are
24 Senators Ashby, Borrello, Canzoneri-Fitzpatrick,
25 Chan, Gallivan, Griffo, Helming, Lanza, Martins,
4525
1 Mattera, Murray, Oberacker, O'Mara, Ortt,
2 Palumbo, Rhoads, Rolison, Stec, Tedisco, Walczyk,
3 Weber and Weik.
4 Ayes, 36. Nays, 22.
5 ACTING PRESIDENT PERSAUD: The bill
6 is passed.
7 Senator Gianaris, that completes the
8 reading of the controversial calendar.
9 SENATOR GIANARIS: Thank you,
10 Madam President.
11 A couple of motions I'd like to
12 return to. On behalf of Senator Fahy, on page 67
13 I offer the following amendments to
14 Calendar Number 1234, Senate Print 6829A, and ask
15 that said bill retain its place on the
16 Third Reading Calendar.
17 ACTING PRESIDENT PERSAUD: The
18 amendments are received, and the bill will retain
19 its place on the Third Reading Calendar.
20 Senator Gianaris.
21 SENATOR GIANARIS: And I wish to
22 call up the following bills, recalled from the
23 Assembly, which are now at the desk:
24 Senate Print 2706 and Senate Print 561.
25 ACTING PRESIDENT PERSAUD: The
4526
1 Secretary will read.
2 THE SECRETARY: Calendar Number
3 327, Senate Print Number 2706A, by
4 Senator Hoylman-Sigal, an act to amend the
5 Environmental Conservation Law.
6 Calendar Number 746, Senate Print
7 561, by Senator Krueger, an act to amend the
8 Administrative Code of the City of New York.
9 SENATOR GIANARIS: I move to
10 reconsider the votes by which these bills were
11 passed.
12 ACTING PRESIDENT PERSAUD: The
13 Secretary will call the roll on reconsideration.
14 (The Secretary called the roll.)
15 THE SECRETARY: Ayes, 58.
16 ACTING PRESIDENT PERSAUD: The
17 bills are restored to their place on the
18 Third Reading Calendar.
19 SENATOR GIANARIS: I offer the
20 following amendments.
21 ACTING PRESIDENT PERSAUD: The
22 amendments are received.
23 SENATOR GIANARIS: Is there any
24 further business at the desk?
25 ACTING PRESIDENT PERSAUD: There is
4527
1 no further business at the desk.
2 SENATOR GIANARIS: Move to adjourn
3 until tomorrow, Thursday, June 5th, at 3:00 p.m.
4 ACTING PRESIDENT PERSAUD: On
5 motion, the Senate stands adjourned until
6 Thursday, June 5th, at 3:00 p.m.
7 (Whereupon, at 5:35 p.m., the Senate
8 adjourned.)
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