---
type: "Bill"
title: "Relates to investments by public pension funds"
description: "Increases the limits on certain types of investments by public pension funds."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "S 8532"
citation: "New York S 8532 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["JACKSON"]
version_count: 2
action_count: 16
vote_count: 4
first_action: "2022-03-09"
last_action: "2022-12-23"
source: "openstates"
source_identifier: "ocd-bill/ce8ae109-da1e-438a-a92f-5391e00d504a"
source_url: "http://www.nysenate.gov/legislation/bills/2021/S8532"
source_hash: "3c12b4fccc37296ccd286fa1b7555f9a0b44244239fbacc0197efccd8bea46c4"
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 8532 (2021-2022) — Relates to investments by public pension funds

Increases the limits on certain types of investments by public pension funds.

## Version chain

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

1. **S8532** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S8532&term=2021&Text=Y)
2. **S8532A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/S8532A)

## Votes

- Floor Vote - Version: A — **56–5** (pass) · upper
- Civil Service And Pensions Vote — **7–0** (pass) · upper
- Finance Vote - Version: A — **22–0** (pass) · upper
- Assembly Vote — **139–10** (pass) · lower

## Sponsors

- JACKSON — primary (person)

## Timeline

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

- **2022-03-09** REFERRED TO CIVIL SERVICE AND PENSIONS `referral-committee`
- **2022-04-26** REPORTED AND COMMITTED TO FINANCE `referral-committee`
- **2022-04-28** AMEND AND RECOMMIT TO FINANCE `amendment-passage, referral-committee`
- **2022-04-28** PRINT NUMBER 8532A `amendment-passage`
- **2022-05-10** 1ST REPORT CAL.1228
- **2022-05-11** 2ND REPORT CAL.
- **2022-05-16** ADVANCED TO THIRD READING
- **2022-05-23** PASSED SENATE `passage`
- **2022-05-23** DELIVERED TO ASSEMBLY
- **2022-05-23** REFERRED TO WAYS AND MEANS `referral-committee`
- **2022-05-24** SUBSTITUTED FOR A9668A
- **2022-05-24** ORDERED TO THIRD READING RULES CAL.354
- **2022-05-31** PASSED ASSEMBLY `passage`
- **2022-05-31** RETURNED TO SENATE
- **2022-12-12** DELIVERED TO GOVERNOR `executive-receipt`
- **2022-12-23** SIGNED CHAP.775 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ce8ae109-da1e-438a-a92f-5391e00d504a`. Confidence: reported (aggregated from official New York legislature records).