--- type: "Bill" title: "Relates to conditions under which certain residential health care facilities may withdraw equity or assets totaling five percent of reported annual revenue for patient care services without prior notification" description: "Relates to conditions under which non-public residential health care facilities may withdraw equity or assets totaling five percent of total reported annual revenue for patient care services without prior notification to the commissioner of health." jurisdiction: "us/states/ny" legislature: "New York Legislature" session: "2025-2026" identifier: "S 8804" citation: "New York S 8804 (2025-2026)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: ["Gustavo Rivera"] version_count: 1 action_count: 11 vote_count: 3 first_action: "2026-01-08" last_action: "2026-02-13" source: "openstates" source_identifier: "ocd-bill/3cdb714d-79da-40e5-bdde-5c4213063e62" source_url: "http://www.nysenate.gov/legislation/bills/2025/S8804" source_hash: "cdc0082cd9e7fcb9a0508057a044146dbbb78cc4cb1192fbd31b33e5032e3349" 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 8804 (2025-2026) — Relates to conditions under which certain residential health care facilities may withdraw equity or assets totaling five percent of reported annual revenue for patient care services without prior notification Relates to conditions under which non-public residential health care facilities may withdraw equity or assets totaling five percent of total reported annual revenue for patient care services without prior notification to the commissioner of health. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **S8804** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S8804&term=2025&Text=Y) ## Votes - Rules Vote — **20–0** (pass) · upper - Floor Vote — **55–1** (pass) · upper - Assembly Vote — **141–0** (pass) · lower ## Sponsors - Gustavo Rivera — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2026-01-08** REFERRED TO RULES `referral-committee` - **2026-01-12** ORDERED TO THIRD READING CAL.32 - **2026-01-21** PASSED SENATE `passage` - **2026-01-21** DELIVERED TO ASSEMBLY - **2026-01-21** REFERRED TO HEALTH `referral-committee` - **2026-02-05** SUBSTITUTED FOR A9471 - **2026-02-05** ORDERED TO THIRD READING RULES CAL.73 - **2026-02-05** PASSED ASSEMBLY `passage` - **2026-02-05** RETURNED TO SENATE - **2026-02-13** DELIVERED TO GOVERNOR `executive-receipt` - **2026-02-13** SIGNED CHAP.78 `executive-signature` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3cdb714d-79da-40e5-bdde-5c4213063e62`. Confidence: reported (aggregated from official New York legislature records).