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S10518 • 2025

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Erik Bottcher
Last action
2026-05-15
Official status
In Senate Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities.

What This Bill Does

  • Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-15 Senate

    REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Official Summary Text

Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities
Authorizes the dormitory authority to provide financing to Vanderbilt University for the construction of facilities.

Current Bill Text

Read the full stored bill text 
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          10518

                                    I N  S E N A T E

                                      May 15, 2026
                                       ___________

        Introduced  by Sen. BOTTCHER -- read twice and ordered printed, and when
          printed to be committed to the Committee on Corporations,  Authorities
          and Commissions

        AN  ACT  to amend the public authorities law, in relation to authorizing
          the dormitory authority to provide financing to Vanderbilt University

          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  2 of section 1676 of the
     2  public authorities law is amended by adding a new undesignated paragraph
     3  to read as follows:
     4    VANDERBILT  UNIVERSITY  FOR  FINANCING,   REFINANCING,   CONSTRUCTION,
     5  DESIGN,  REHABILITATION  AND  IMPROVEMENT  FOR FACILITIES ON THE CHELSEA
     6  SQUARE CAMPUS.
     7    § 2. Subdivision 1 of section 1680 of the public  authorities  law  is
     8  amended by adding a new undesignated paragraph to read as follows:
     9    VANDERBILT UNIVERSITY.
    10    § 3. This act shall take effect immediately.






         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14976-04-6