---
type: "Bill"
title: "Relates to the establishment by the city of New York of a revenue stabilization fund and variations from generally accepted accounting principles"
description: "Relates to the establishment by the city of New York of a revenue stabilization fund and variations from generally accepted accounting principles as applied to the budget and accounts of such city in connection with such fund."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2019-2020"
identifier: "S 8400"
citation: "New York S 8400 (2019-2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["BENJAMIN"]
version_count: 1
action_count: 13
vote_count: 4
first_action: "2020-05-21"
last_action: "2020-06-17"
source: "openstates"
source_identifier: "ocd-bill/6db30379-6b6e-42fe-a399-a0f482938c04"
source_url: "http://www.nysenate.gov/legislation/bills/2019/S8400"
source_hash: "0fbd5a5630aa501d960b4b44c8a9fefaa325f0f4a0f0a1cba729bc0647bcf9a8"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York S 8400 (2019-2020) — Relates to the establishment by the city of New York of a revenue stabilization fund and variations from generally accepted accounting principles

Relates to the establishment by the city of New York of a revenue stabilization fund and variations from generally accepted accounting principles as applied to the budget and accounts of such city in connection with such fund.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S8400** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S8400&term=2019&Text=Y)

## Votes

- Finance Vote — **23–0** (pass) · upper
- Rules Vote — **19–0** (pass) · upper
- Assembly Vote — **124–20** (pass) · lower
- Floor Vote — **59–3** (pass) · upper

## Sponsors

- BENJAMIN — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-05-21** REFERRED TO CITIES `referral-committee`
- **2020-05-25** COMMITTEE DISCHARGED AND COMMITTED TO FINANCE `referral-committee`
- **2020-05-26** REPORTED AND COMMITTED TO RULES `referral-committee`
- **2020-05-27** ORDERED TO THIRD READING CAL.659
- **2020-05-27** PASSED SENATE `passage`
- **2020-05-27** DELIVERED TO ASSEMBLY
- **2020-05-27** REFERRED TO WAYS AND MEANS `referral-committee`
- **2020-05-27** SUBSTITUTED FOR A9789A
- **2020-05-27** ORDERED TO THIRD READING RULES CAL.26
- **2020-05-27** PASSED ASSEMBLY `passage`
- **2020-05-27** RETURNED TO SENATE
- **2020-06-05** DELIVERED TO GOVERNOR `executive-receipt`
- **2020-06-17** SIGNED CHAP.118 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6db30379-6b6e-42fe-a399-a0f482938c04`. Confidence: reported (aggregated from official New York legislature records).