Bill Commons

NY A 8945

in committee

Directs condominium and cooperative housing associations to complete capital reserve studies

New York · 2025-2026 Regular Session · lower

Description

Directs condominium and cooperative housing associations to complete capital reserve studies, including a thirty-year funding plan, in order to ensure that the condominium or cooperative housing association has adequate reserve funds available to repair or replace the assets located on the property that the association is obligated to maintain without the need to create any special assessment or loan obligation; specifies the content of the study; requires the study to be filed with the state comptroller.

Introduced
—
Status date
—
Latest action
2026-01-07 — REFERRED TO HOUSING
Bill type
bill
Last updated
—

Sponsors

  • Chantel Jacksonprimary

Committees

Not provided by source.

Action timeline

  1. 2025-07-16

    REFERRED TO HOUSING

    referral-committee

  2. 2026-01-07

    REFERRED TO HOUSING

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/A8945?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=A 8945. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.
  • Some documents have no extracted text yet, so version comparison may be limited.

See the methodology page for data sources and limitations.