S8122 — Permits New York city correction and sanitation members to borrow from accumulated contributions; repealer
Last action — Passed Assembly
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill has passed the Senate. Introduced May 15, 2025. It now moves to the second chamber.
Next likely step: consideration and a floor vote in the Assembly.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Passed Senate
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
This bill allows NYC correction and sanitation members to borrow from their retirement contributions.
The bill permits members of New York City's correction and sanitation departments to take loans against their retirement plan contributions. This is intended to provide financial access to those members when needed.
What this means for you
- Workers: If you are a correction or sanitation worker in NYC, this bill allows you to borrow from your retirement savings.
Summary
Permits New York City correction and sanitation members to borrow from accumulated contributions to their retirement plans.
Bill Text
- Full text View text Current
Action History
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RETURNED TO SENATE
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PASSED ASSEMBLY
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HOME RULE REQUEST
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ORDERED TO THIRD READING RULES CAL.451
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SUBSTITUTED FOR A10241
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REFERRED TO WAYS AND MEANS
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DELIVERED TO ASSEMBLY
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PASSED SENATE
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HOME RULE REQUEST
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ORDERED TO THIRD READING CAL.1475
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COMMITTEE DISCHARGED AND COMMITTED TO RULES
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REPORTED AND COMMITTED TO FINANCE
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PRINT NUMBER 8122B
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AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS
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REFERRED TO CIVIL SERVICE AND PENSIONS
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PRINT NUMBER 8122A
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AMEND AND RECOMMIT TO CIVIL SERVICE AND PENSIONS
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REFERRED TO CIVIL SERVICE AND PENSIONS
Sponsors
- Robert Jackson · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 218 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (218)
218 members have not signed on to this bill.
Show all 218 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S8122 do?
- Permits New York City correction and sanitation members to borrow from accumulated contributions to their retirement plans.
- Who sponsors S8122?
- S8122 is sponsored by Robert Jackson.
- What is the current status of S8122?
- This bill has passed the Senate. Introduced May 15, 2025. It now moves to the second chamber.
- Where can I track S8122?
- Track S8122 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on S8122
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Last checked for changes 3 months ago · updated continuously
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