Assembly BillIntroduced
A 7012: Expands who the director of budget shall report to in regard to the healthcare stability fund; expands the criteria of reporting requirements.
What A 7012 does, verified January 9, 2026
The bill requires the director of the budget to provide quarterly reports on the receipts and distributions of the healthcare stability fund. These reports will include: - An itemization of receipts and disbursements - Historical and projected expenditures - Projected fund balance - Information on grants awarded from the fund, including: - The name of the recipient - The amount of the award - The date of the award These reports will be published on the department of health's website within thirty days of the end of each quarter. The bill takes effect immediately.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: referred to ways and means (2026-01-07)Alert me
Quick answers about A 7012
- What is the current status of A 7012?
- As of January 9, 2026, A 7012 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "referred to ways and means".
- Did A 7012 pass?
- Not yet. A 7012 has been introduced and has not passed either house.
- Who wrote A 7012, and where is it now?
- A 7012 was authored by Asm. Edward Ra with 1 coauthor. Its committee of record is Assembly Ways & Means.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | referred to ways and means |
| Mar. 18, 2025 | referred to ways and means |
Latest bill textIntroduced version, March 18, 2025 · 339 words
STATE OF NEW YORK ________________________________________________________________________ 7012 2025-2026 Regular Sessions IN ASSEMBLY March 18, 2025 ___________ Introduced by M. of A. RA, JENSEN -- read once and referred to the Committee on Ways and Means AN ACT to amend the state finance law, in relation to requiring addi- tional reporting requirements on expenditures related to the health- care stability fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 6 of section 99-rr of the state finance law, as 2 added by section 2 of part II of chapter 57 of the laws of 2024, is 3 amended to read as follows: 4 6. (a) The director of the budget shall provide quarterly reports to 5 the speaker of the assembly, the temporary president of the senate, the 6 chair of the senate finance committee [and], the chair of the assembly 7 ways and means committee, the minority leader of the assembly, the 8 minority leader of the senate, the ranking member of the assembly ways 9 and means committee and the ranking member of the senate finance commit- 10 tee on the receipts and distributions of the healthcare stability fund, 11 including: 12 (i) an itemization of such receipts and disbursements[,]; 13 (ii) the historical and projected expenditures[, and]; 14 (iii) the projected fund balance[.]; and 15 (iv) the award of any grants from the healthcare stability fund not 16 including any across-the-board rate increases, including, but not limit- 17 ed to, the following information: 18 (1) the name of the recipient; 19 (2) the amount of the award; and 20 (3) the date of the award. 21 (b) Such quarterly reports shall be published on the department of 22 health's website within thirty days of the end of each quarter. 23 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10227-02-5
Text of A 7012 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions