S8839 • 2025

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Andrew Gounardes
Last action: 2026-06-04
Official status: Senate Floor Calendar
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 The New York Climate Exchange Inc. for the construction of facilities on Governor's Island

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc.

What This Bill Does

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc.
for the construction of facilities on Governor's Island Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc.
for the construction of facilities on Governor's Island.

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

2026-06-04 Senate
SUBSTITUTED BY A9590A
2026-04-22 Senate
AMENDED ON THIRD READING (T) 8839A
2026-02-24 Senate
ADVANCED TO THIRD READING
2026-02-11 Senate
2ND REPORT CAL.
2026-02-10 Senate
1ST REPORT CAL.324
2026-01-08 Senate
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Official Summary Text

Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island
Authorizes the dormitory authority to provide financing to The New York Climate Exchange Inc. for the construction of facilities on Governor's Island.

Current Bill Text

Read the full stored bill text

S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          8839

                                    I N  S E N A T E

                                     January 8, 2026
                                       ___________

        Introduced by Sen. GOUNARDES -- 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 The New York Climate
          Exchange Inc. for the construction of facilities

          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    THE NEW YORK CLIMATE EXCHANGE INC.
     5    § 2. Subdivision 1 of section 1680 of the public  authorities  law  is
     6  amended by adding a new undesignated paragraph to read as follows:
     7    THE NEW YORK CLIMATE EXCHANGE INC.
     8    § 3. This act shall take effect immediately.







         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14171-01-5