---
type: "Bill"
title: "Increases the number of properties eligible for the coastal market assistance program"
description: "Increases the number of properties eligible for the coastal market assistance program to include properties located within one mile off the shore of the Hudson River."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2025-2026"
identifier: "A 425"
citation: "New York A 425 (2025-2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Steven Otis"]
version_count: 1
action_count: 14
vote_count: 2
first_action: "2025-01-08"
last_action: "2025-02-14"
source: "openstates"
source_identifier: "ocd-bill/42474c7b-a874-482f-8360-2504e3d5d169"
source_url: "http://www.nysenate.gov/legislation/bills/2025/A425"
source_hash: "2289212ed90ce54b52a69126bd30006f81f4cb46cb27ce57fa07491695d936de"
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 A 425 (2025-2026) — Increases the number of properties eligible for the coastal market assistance program

Increases the number of properties eligible for the coastal market assistance program to include properties located within one mile off the shore of the Hudson River.

## Version chain

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

1. **A425** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A425&term=2025&Text=Y)

## Votes

- Assembly Vote — **147–0** (pass) · lower
- Floor Vote — **61–1** (pass) · upper

## Sponsors

- Steven Otis — primary (person)

## Timeline

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

- **2025-01-08** REFERRED TO INSURANCE `referral-committee`
- **2025-01-28** REPORTED REFERRED TO RULES `referral-committee`
- **2025-01-28** REPORTED
- **2025-01-28** RULES REPORT CAL.66
- **2025-01-28** ORDERED TO THIRD READING RULES CAL.66
- **2025-02-03** PASSED ASSEMBLY `passage`
- **2025-02-03** DELIVERED TO SENATE
- **2025-02-03** REFERRED TO RULES `referral-committee`
- **2025-02-05** SUBSTITUTED FOR S771
- **2025-02-05** 3RD READING CAL.45
- **2025-02-05** PASSED SENATE `passage`
- **2025-02-05** RETURNED TO ASSEMBLY
- **2025-02-12** DELIVERED TO GOVERNOR `executive-receipt`
- **2025-02-14** SIGNED CHAP.11 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/42474c7b-a874-482f-8360-2504e3d5d169`. Confidence: reported (aggregated from official New York legislature records).