---
type: "Bill"
title: "Relates to the tax-deferred annuity program of the New York city teachers' retirement system"
description: "Provides that a beneficiary of a deceased participant in the NYC teachers' retirement system who dies on or after July 1, 2021 may not establish a tax deferred account."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "S 5728"
citation: "New York S 5728 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["GOUNARDES"]
version_count: 2
action_count: 15
vote_count: 3
first_action: "2021-03-17"
last_action: "2021-08-02"
source: "openstates"
source_identifier: "ocd-bill/43149e8e-8062-4ba9-bfde-22bf75e5ec95"
source_url: "http://www.nysenate.gov/legislation/bills/2021/S5728"
source_hash: "45ecaf366b41a7736c9c19573a9ac1f494299f64b1cf85acbbd7c32c02aa89bf"
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 5728 (2021-2022) — Relates to the tax-deferred annuity program of the New York city teachers' retirement system

Provides that a beneficiary of a deceased participant in the NYC teachers' retirement system who dies on or after July 1, 2021 may not establish a tax deferred account.

## Version chain

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

1. **S5728** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S5728&term=2021&Text=Y)
2. **S5728A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/S5728A)

## Votes

- Assembly Vote — **147–0** (pass) · lower
- Floor Vote - Version: A — **54–9** (pass) · upper
- Cities 1 Vote - Version: A — **6–1** (pass) · upper

## Sponsors

- GOUNARDES — primary (person)

## Timeline

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

- **2021-03-17** REFERRED TO CITIES 1 `referral-committee`
- **2021-04-15** AMEND AND RECOMMIT TO CITIES 1 `amendment-passage, referral-committee`
- **2021-04-15** PRINT NUMBER 5728A `amendment-passage`
- **2021-04-27** 1ST REPORT CAL.825
- **2021-04-28** 2ND REPORT CAL.
- **2021-05-03** ADVANCED TO THIRD READING
- **2021-05-19** PASSED SENATE `passage`
- **2021-05-19** DELIVERED TO ASSEMBLY
- **2021-05-19** REFERRED TO WAYS AND MEANS `referral-committee`
- **2021-05-25** SUBSTITUTED FOR A7204
- **2021-05-25** ORDERED TO THIRD READING RULES CAL.138
- **2021-05-25** PASSED ASSEMBLY `passage`
- **2021-05-25** RETURNED TO SENATE
- **2021-07-21** DELIVERED TO GOVERNOR `executive-receipt`
- **2021-08-02** SIGNED CHAP.357 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/43149e8e-8062-4ba9-bfde-22bf75e5ec95`. Confidence: reported (aggregated from official New York legislature records).