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A 11559

New York Assembly•Signed by Governor

Summary

A 11559, which relates to the ability of the New York state medical care facilities finance agency to issue certain bonds and notes, was introduced in the Assembly on Jun 1, 2026 by Asm. Gary Pretlow (D). It last saw action on Aug 28, 2026: Signed by Governor.

Record

Text

A 11559 has 4 roll calls.

a11559/introduced.txt
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New York State Assembly
Speaker Carl E. Heastie
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		Bill No.:
 Summary
 Actions
 Committee&nbspVotes
 Floor&nbspVotes
 Memo
 Text
 LFIN
 Chamber&nbspVideo/Transcript
A11559 Summary:
BILL NO	A11559
&nbsp
SAME AS	SAME AS S10641
&nbsp
SPONSOR	Rules (Pretlow)
&nbsp
COSPNSR
&nbsp
MLTSPNSR
&nbsp
Amd §7, NYS Med Care Fac Fin Ag Act
&nbsp
Increases the authorization of the Dormitory Authority of the State of New York ("DASNY"), as successor to the New York State Medical Care Facilities Finance Agency ("MCFFA") pursuant to the Health Care Financing Consolidation Act of 1995, to issue hospital and nursing home project bonds and notes from $20 billion to $21.8 billion.
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A11559 Actions:
BILL NO	A11559
&nbsp
06/01/2026	referred to ways and means
06/03/2026	reported referred to rules
06/03/2026	reported
06/03/2026	rules report cal.467
06/03/2026	ordered to third reading rules cal.467
06/04/2026	passed assembly
06/04/2026	delivered to senate
06/04/2026	REFERRED TO RULES
06/04/2026	SUBSTITUTED FOR S10641
06/04/2026	3RD READING CAL.1786
06/04/2026	PASSED SENATE
06/04/2026	RETURNED TO ASSEMBLY
08/21/2026	delivered to governor
08/28/2026	signed chap.281
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A11559 Committee&nbspVotes:
Committee:WAYS AND MEANS   Chair:Pretlow
DATE:06/03/2026AYE/NAY:32/0  Action: Favorable refer to committee Rules
Pretlow	Aye	Palmesano	Aye
Glick	Aye	Fitzpatrick	Aye
Colton	Aye	Hawley	Aye
Cook	Excused	Blankenbush	Aye
Benedetto	Aye	Walsh	Aye
Weprin	Aye	DeStefano	Aye
Ramos	Aye	Manktelow	Aye
Braunstein	Aye	Smullen	Aye
McDonald	Aye	Giglio	Aye
Rozic	Aye	Slater	Aye
Dinowitz	Aye
Magnarelli	Aye
Bronson	Aye
Dilan	Absent
Seawright	Aye
Hyndman	Excused
Walker	Aye
Bichotte Hermel	Aye
Simon	Aye
Cruz	Aye
Otis	Aye
Solages	Aye
Hunter	Aye
Septimo	Aye
Hevesi	Aye
Committee:RULES   Chair:Glick
DATE:06/03/2026AYE/NAY:29/0  Action: Favorable
Heastie	Excused	Ra	Aye
Pretlow	Aye	Hawley	Aye
Cook	Excused	Blankenbush	Aye
Glick	Aye	Brabenec	Aye
Dinowitz	Aye	Palmesano	Aye
Colton	Aye	Reilly	Aye
Magnarelli	Aye	Smith	Aye
Paulin	Aye	Jensen	Aye
Peoples-Stokes	Aye	Gandolfo	Aye
Benedetto	Aye
Lavine	Aye
Lupardo	Aye
Braunstein	Aye
Davila	Aye
Hyndman	Aye
Rozic	Aye
Bronson	Aye
Hevesi	Aye
Hunter	Aye
Taylor	Aye
Cruz	Aye
Vanel	Aye
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A11559 Floor&nbspVotes:
DATE:06/04/2026Assembly Vote  YEA/NAY: 139/0
Yes
Alvarez
Yes
Carroll P
Yes
Friend
Yes
Lemondes
Yes
Pheffer Amato
Yes
Slater
Yes
Anderson
Yes
Carroll RC
Yes
Gallagher
Yes
Levenberg
Yes
Pirozzolo
Yes
Smith
Yes
Angelino
Yes
Cashman
Yes
Gallahan
Yes
Lucas
Yes
Powers
Yes
Smullen
Yes
Bailey
Yes
Chandler-Waterm
Yes
Gandolfo
Yes
Lunsford
Yes
Pretlow
Yes
Solages
ER
Barclay
Yes
Chang
Yes
Gibbs
Yes
Lupardo
Yes
Ra
Yes
Steck
Yes
Barrett
Yes
Chludzinski
Yes
Giglio
Yes
Magnarelli
Yes
Raga
Yes
Stern
Yes
Beephan
Yes
Clark
Yes
Glick
ER
Maher
Yes
Rajkumar
Yes
Stirpe
Yes
Bendett
Yes
Colton
Yes
Gonzalez-Rojas
Yes
Manktelow
Yes
Ramos
Yes
Tague
Yes
Benedetto
Yes
Conrad
Yes
Gray
Yes
McDonald
Yes
Reilly
Yes
Tannousis
Yes
Berger
ER
Cook
Yes
Griffin
ER
McDonough
Yes
Reyes
Yes
Tapia
Yes
Bichotte Hermel
Yes
Cruz
Yes
Hawley
Yes
McMahon
Yes
Rivera
Yes
Taylor
Yes
Blankenbush
Yes
Cunningham
Yes
Hevesi
Yes
Meeks
Yes
Romero
Yes
Torres
Yes
Blumencranz
Yes
Dais
Yes
Hooks
Yes &#8225
Mikulin
Yes
Rosenthal
ER
Valdez
Yes
Bologna
Yes
Davila
Yes
Hunter
Yes
Miller
Yes
Rozic
Yes
Vanel
ER
Bores
Yes
De Los Santos
Yes
Hyndman
Yes
Mitaynes
Yes
Santabarbara
Yes
Walker
Yes
Brabenec
Yes
DeStefano
Yes
Jackson
Yes
Molitor
Yes
Sayegh
Yes
Walsh
Yes
Braunstein
ER
Dilan
Yes
Jacobson
Yes
Moreno
Yes
Schiavoni
Yes
Weprin
Yes
Bronson
Yes
Dinowitz
Yes
Jensen
Yes
Morinello
Yes
Seawright
Yes
Wieder
Yes
Brook-Krasny
Yes &#8225
DiPietro
Yes
Kassay
Yes
Norber
Yes
Sempolinski
Yes
Williams
Yes
Brown EA
Yes
Durso
Yes
Kay
Yes
Novakhov
Yes
Septimo
Yes
Woerner
Yes
Brown K
Yes
Eachus
ER
Kelles
Yes
O'Pharrow
Yes
Shimsky
Yes
Wright
Yes
Burdick
Yes
Eichenstein
Yes
Kim
Yes
Otis
Yes
Shrestha
Yes
Yeger
ER
Burke
Yes
Fall
ER
Lasher
Yes
Palmesano
Yes
Simon
Yes
Zaccaro
Yes
Burroughs
Yes
Fitzpatrick
Yes
Lavine
Yes
Paulin
Yes
Simone
Yes
Zinerman
Yes
Buttenschon
Yes
Forrest
ER
Lee
Yes
Peoples-Stokes
Yes
Simpson
Yes
Mr. Speaker
  &#8225 Indicates voting via videoconference
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A11559 Text:
  STATE OF NEW YORK
        ________________________________________________________________________
  11559
  IN ASSEMBLY
  June 1, 2026
  ___________
        Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Pretlow) --
  (at request of the Dormitory Authority) -- read once and  referred  to
  the Committee on Ways and Means
        AN ACT to amend the New York state medical care facilities finance agen-
  cy act, in relation to the ability to issue certain bonds and notes
  The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph (b) of subdivision 1 of section 7 of section 1 of
     2  chapter 392 of the laws of 1973, constituting the New York state medical
     3  care facilities agency act, as amended by chapter 101  of  the  laws  of
     4  2025, is amended to read as follows:
     5    (b) The agency shall not issue hospital and nursing home project bonds
     6  and  hospital  and  nursing home project notes in an aggregate principal
     7  amount exceeding  [twenty  billion]  twenty-one  billion  eight  hundred
     8  million  dollars,  excluding hospital and nursing home project bonds and
     9  hospital and nursing home project notes  issued  to  refund  outstanding
    10  hospital  and  nursing home projects bonds and hospital and nursing home
    11  project notes; provided, however, that upon any such refunding or repay-
    12  ment the total aggregate principal amount of outstanding bonds, notes or
    13  other obligations  may  be  greater  than  [twenty  billion]  twenty-one
    14  billion  eight  hundred million dollars only if the present value of the
    15  aggregate debt service of the refunding or  repayment  bonds,  notes  or
    16  other obligations to be issued shall not exceed the present value of the
    17  aggregate debt service of the bonds, notes or other obligations so to be
    18  refunded  or  repaid.    For  purposes hereof, the present values of the
    19  aggregate debt service of the refunding or  repayment  bonds,  notes  or
    20  other  obligations and of the aggregate debt service of the bonds, notes
    21  or other obligations so refunded  or  repaid,  shall  be  calculated  by
    22  utilizing  the  effective  interest  rate  of the refunding or repayment
    23  bonds, notes or other obligations, which shall be that rate  arrived  at
    24  by  doubling  the  semi-annual  interest rate (compounded semi-annually)
    25  necessary to discount the debt service  payments  on  the  refunding  or
    26  repayment bonds, notes or other obligations from the payment dates ther-
    27  eof  to  the date of issue of the refunding or repayment bonds, notes or
  EXPLANATION--Matter in italics (underscored) is new; matter in brackets
  [ ] is old law to be omitted.
  LBD16063-01-6
        A. 11559  2
     1  other obligations and to  the  price  bid  including  estimated  accrued
     2  interest  or proceeds received by the agency including estimated accrued
     3  interest from the sale thereof. The agency shall not issue hospital  and
     4  nursing home project bonds at any time secured by the hospital and nurs-
     5  ing home capital reserve fund if upon issuance, the amount in the hospi-
     6  tal and nursing home capital reserve fund will be less than the hospital
     7  and nursing home capital reserve fund requirement, unless the agency, at
     8  the  time  of issuance of such bonds, shall deposit in such reserve fund
     9  from the proceeds of the bonds so to be issued, or otherwise, an  amount
    10  which  together  with  the amount then in such reserve fund, will be not
    11  less than the hospital and nursing home capital  reserve  fund  require-
    12  ment.
    13    § 2. This act shall take effect immediately.
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Increases the authorization of the Dormitory Authority of the State of New York ("DASNY"), as successor to the New York State Medical Care Facilities Finance Agency ("MCFFA") pursuant to the Health Care Financing Consolidation Act of 1995, to issue hospital and nursing home project bonds and notes from $20 billion to $21.8 billion.

Sponsors

Asm. Gary Pretlow (D) sponsors A 11559 alone.

Gary Pretlow

Asm. · D–89 · Sponsor

Committees

A 11559 went before 2 committees: Ways and Means and Rules.

Ways and Means
Ways and Means
Referred to · Jun 1, 2026
Rules
Rules
Referred to · Jun 3, 2026 · 482 Bills

History

A 11559 has taken 14 actions since Jun 1, 2026, the latest on Aug 28, 2026.

ChamberAction
Aug 28, 2026
Assembly
signed chap.281
Aug 21, 2026
Assembly
delivered to governor
Jun 4, 2026
Assembly
passed assembly
Jun 4, 2026
Assembly
delivered to senate
Jun 4, 2026
Senate
REFERRED TO RULES

Votes

A 11559 went to 4 roll calls across both chambers, the latest on Jun 4, 2026 at 60–0.

ChamberQuestion
Yea
Nay
Jun 4, 2026
Senate
Senate Floor Vote - Final Passage
60
0
Jun 4, 2026
Assembly
Assembly Floor Vote - Final Passage
139
0
Jun 3, 2026
Assembly
Assembly Rules Committee: Favorable
29
0
Jun 3, 2026
Assembly
Assembly Ways And Means Committee: Favorable refer to committee Rules
32
0

Source: nysenate.gov · legislation.nysenate.gov