What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Substituted by A7561B
- Ordered to third reading cal.1519
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes members of the New York state and local police and fire retirement system in active service to borrow against contributions
Signed by Governor · Sponsor Peter Abbate
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5836
Title of bill
An act to amend the retirement and social security law, in relation to certain employees' ability to borrow against contributions
Purpose
To allow for loans to retirement system members, against pension contributions to the state and local police and fire retirement system
Justification
To allow police and fire personnel to borrow against their pension contributions, as allowed for other retirement system members.
Fiscal implications
Contained in fiscal note.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.