Senate BillIntroduced
S 5794: Includes the city of New York in the aid and incentives for municipalities program for fiscal years beginning 4/1/2025 and thereafter.
What S 5794 does, verified January 8, 2026
The proposed legislation aims to provide special aid and incentives to the city of New York. The city is entitled to a certain amount of funding each year, which increases over time. As of the fiscal year 2007, cities with a population of one million or more receive twenty million dollars on or before December 15th. In subsequent years, the amount increases to two hundred forty-five million nine hundred forty-four thousand eight hundred thirty-four dollars, and then three hundred one million six hundred fifty-eight thousand four hundred ninety-five dollars. The funding is payable on or before December 15th and is to be appropriated and paid as required. The legislation takes effect immediately.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO FINANCE (2026-01-07)Alert me
Quick answers about S 5794
- What is the current status of S 5794?
- As of January 8, 2026, S 5794 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 FINANCE".
- Did S 5794 pass?
- Not yet. S 5794 has been introduced and has not passed either house.
- Who wrote S 5794, and where is it now?
- S 5794 was authored by Sen. Luis Sepúlveda. Its committee of record is Senate Finance.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | REFERRED TO FINANCE |
| Mar. 03, 2025 | REFERRED TO FINANCE |
Latest bill textIntroduced version, March 3, 2025 · 323 words
STATE OF NEW YORK ________________________________________________________________________ 5794 2025-2026 Regular Sessions IN SENATE March 3, 2025 ___________ Introduced by Sen. SEPULVEDA -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law, in relation to including the city of New York in the aid and incentives for municipalities program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of paragraph j of subdivision 10 of 2 section 54 of the state finance law, as amended by section 4 of part I 3 of chapter 57 of the law of 2011, is amended to read as follows: 4 In the state fiscal year commencing April first, two thousand seven a 5 city with a population of one million or more shall receive twenty 6 million dollars on or before December fifteenth. In the state fiscal 7 year commencing April first, two thousand eight, a city with a popu- 8 lation of one million or more shall receive two hundred forty-five 9 million nine hundred forty-four thousand eight hundred thirty-four 10 dollars payable on or before December fifteenth. In the state fiscal 11 [year] years commencing April first, two thousand nine, and April first, 12 two thousand twenty-five and in each state fiscal year thereafter, a 13 city with a population of one million or more shall receive three 14 hundred one million six hundred fifty-eight thousand four hundred nine- 15 ty-five dollars payable on or before December fifteenth. Special aid and 16 incentives for municipalities to the city of New York shall be appor- 17 tioned and paid as required as follows: 18 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10469-01-5
Text of S 5794 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions