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New York policy

A3537: Relates to enacting the rainy day act; repealer

NY Assembly · Sponsor Jenifer Rajkumar

Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Enacts the rainy day act; moves funds from the tax stabilization fund to the rainy day reserve fund; increases the maximum balance; requires certain deposits; prohibits establishment of funds except by statute.

ny-stateassemblylegislationbill

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