New York Assembly Bill A02007, introduced by Assemblymember Albert Stirpe on January 14, 2025, aimed to direct the Department of State, in cooperation with other departments, to provide technical assistance to any municipality that experienced the closure of a college or university. The assistance would cover areas such as workforce transition and development, attracting new employers and economic opportunities, planning for the repurposing of land and buildings formerly occupied by the institution, and offering recommendations for dealing with creditors and other entities with financial interests in the institution's assets. The bill was referred to the Committee on Governmental Operations and later to the Committee on Ways and Means. On June 16, 2025, the bill was substituted by Senate Bill S01525. ([assembly.ny.gov](https://assembly.ny.gov/leg/?Actions=Y&Memo=Y&Summary=Y&Text=Y&Votes=Y&bn=A02007&leg_video=1&term=&utm_source=openai))
The bill received favorable votes in the Assembly Ways and Means Committee, with 32 in favor and 0 against, indicating bipartisan support for providing municipalities with resources to manage the economic and social impacts of college closures. ([legiscan.com](https://legiscan.com/NY/rollcall/A02007/id/1593408?utm_source=openai)) The substitution of Assembly Bill A02007 with Senate Bill S01525 suggests a collaborative effort between the Assembly and Senate to address this issue, potentially leading to more comprehensive legislation.
There is no available media coverage indicating opposition to the bill. However, the substitution of Assembly Bill A02007 with Senate Bill S01525 may have led to a lack of further discussion or coverage of the original bill.
About This Analysis
This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the New York State Legislature. Conflict-of-interest analysis for this bill is coming soon.
NY A02007