New York 2025 Session Status: Introduced

S2377 — Prohibits the formation of a subsidiary of a public authority without prior approval of the legislature

Last action — In Assembly Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced January 16, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

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

The bill requires legislative approval to form subsidiaries of public authorities.

This bill prohibits public authorities from forming subsidiaries without legislative approval. However, a subsidiary can be formed without prior approval if the public authority gives a 60-day written notice to the governor and legislature.

Summary

Prohibits the formation of a subsidiary of a public authority without prior approval of the legislature; allows the formation of a subsidiary of a public authority without prior approval of the legislature if such public authority files a written notice sixty days prior to the organization of such subsidiary with the governor and the legislature.

Bill Text

Action History

  1. REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

  2. DELIVERED TO ASSEMBLY

  3. PASSED SENATE

  4. ADVANCED TO THIRD READING

  5. 2ND REPORT CAL.

  6. 1ST REPORT CAL.1222

  7. REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

  8. RETURNED TO SENATE

  9. DIED IN ASSEMBLY

  10. REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

  11. DELIVERED TO ASSEMBLY

  12. PASSED SENATE

  13. ADVANCED TO THIRD READING

  14. 2ND REPORT CAL.

  15. 1ST REPORT CAL.1183

  16. REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Sponsors

Sponsorship breakdown

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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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

public-safety finance labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S2377 do?
Prohibits the formation of a subsidiary of a public authority without prior approval of the legislature; allows the formation of a subsidiary of a public authority without prior approval of the legislature if such public authority files a written notice sixty days prior to the organization of such subsidiary with the governor and the legislature.
Who sponsors S2377?
S2377 is sponsored by Mario Mattera.
What is the current status of S2377?
This bill has been introduced in the Senate. Introduced January 16, 2025. It must pass committee before a floor vote.
Where can I track S2377?
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Last checked for changes 3 months ago · updated continuously

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