Bill
A 8374
Bill A 8374 allows New York's Dormitory Authority to finance new healthcare facilities for SB Clinical Practice Management Plan, improving access to medical services for local communities.
Bill Number: A 8374
Title: Authorizes the dormitory authority to provide financing to SB Clinical Practice Management Plan, Inc. for the construction of facilities
Status: SIGNED CHAP.356
Introduced: May 13, 2025
Classification: Bill
Bill A 8374 aims to enable the Dormitory Authority of the State of New York to provide financing to SB Clinical Practice Management Plan, Inc. This financing is specifically designated for the construction of new facilities that will support healthcare services. The intent of the bill is to enhance healthcare infrastructure, thereby improving access to medical services for the community.
Financing Authorization: The bill grants the Dormitory Authority the authority to issue bonds or other financial instruments to raise funds for the construction of facilities by SB Clinical Practice Management Plan, Inc.
Facility Construction: The funds raised will be used exclusively for the construction of healthcare facilities, which may include clinics, outpatient centers, or other related healthcare infrastructure.
Oversight and Compliance: The bill outlines the necessary compliance and oversight measures that SB Clinical Practice Management Plan, Inc. must adhere to in order to ensure that the funds are utilized appropriately and effectively.
SB Clinical Practice Management Plan, Inc.: This organization will directly benefit from the financing, allowing them to expand their facilities and improve healthcare delivery.
Local Communities: Residents in the areas served by SB Clinical Practice Management Plan, Inc. will likely experience improved access to healthcare services as a result of the new facilities.
Healthcare Providers: Medical professionals and staff associated with SB Clinical Practice Management Plan, Inc. may see enhanced working conditions and resources due to the new infrastructure.
May 13, 2025: Bill A 8374 is introduced and referred to the Committee on Corporations, Authorities and Commissions.
June 9, 2025: The bill is reported out of committee, passed in the Assembly, and delivered to the Senate.
June 12, 2025: The bill passes the Senate, is substituted for S7687A, and is returned to the Assembly.
August 22, 2025: The bill is delivered to the Governor.
August 26, 2025: Bill A 8374 is signed into law as Chapter 356.
Bill A 8374 represents a significant step towards improving healthcare infrastructure in New York by facilitating the construction of new facilities through state financing. By supporting SB Clinical Practice Management Plan, Inc., the bill aims to enhance healthcare access and quality for local communities.
Compiled from official sources — confirm details with the bill’s official record.
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