Assembly BillChaptered/Signed
A 5833: Authorizes the state comptroller to refund all or any part of bonds when it is to the advantage of the state.
What A 5833 does, verified July 2, 2025
The bill allows the state comptroller to reserve the right to refund or redeem state bonds prior to their maturity date, under certain conditions deemed advisable by the comptroller. This privilege can be exercised at a rate not exceeding three percent above the bond's par value. The bill takes effect immediately.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
✓Second ChamberComplete
✓GovernorComplete
6ChapteredCurrent
Last action: delivered to governor (2025-03-07)Alert me
Quick answers about A 5833
- What is the current status of A 5833?
- As of July 2, 2025, A 5833 is recorded as "Chaptered/Signed": it has been signed by the Governor and chaptered into law. The last recorded action, on March 7, 2025, was "delivered to governor".
- Did A 5833 pass?
- Yes. A 5833 passed both houses and was signed into law (last action March 7, 2025). New York laws take effect on the date written into the bill, often immediately on signing or a set number of days afterward.
- Who wrote A 5833, and where is it now?
- A 5833 was authored by Asm. James Pretlow.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions12 total · showing 5
| Mar. 07, 2025 | delivered to governor |
| Mar. 07, 2025 | signed chap.102 |
| Mar. 04, 2025 | PASSED SENATE |
| Mar. 04, 2025 | 3RD READING CAL.448 |
| Mar. 04, 2025 | SUBSTITUTED FOR S5442 |
Latest bill textIntroduced version, February 20, 2025 · 226 words
STATE OF NEW YORK ________________________________________________________________________ 5833 2025-2026 Regular Sessions IN ASSEMBLY February 20, 2025 ___________ Introduced by M. of A. PRETLOW -- (at request of the State Comptroller) -- read once and referred to the Committee on Ways and Means AN ACT to amend the state finance law, in relation to the refund of state bonds The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 56 of the state finance law, as 2 amended by chapter 415 of the laws of 1986, is amended to read as 3 follows: 4 1. Whenever in [his] the comptroller's opinion it is to the advantage 5 of the state the comptroller when issuing and selling any bonds of the 6 state may reserve to the state on such conditions as [he] the comp- 7 troller may deem advisable and proper the privilege of refunding or of 8 redeeming [at not more than three per centum above par value] all or any 9 part of such bonds prior to the date on which they shall be due and 10 payable. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD07030-01-5
Text of A 5833 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions