Sign the NYS Prompt Payment Bill into Law

I strongly urge you to sign Assembly Bill A634 (2025), also known as the NYS Prompt Payment Bill, which is critically important for nonprofit organizations across New York. The legislation ensures timely reimbursement and mandates interest on delayed state payments, improving cash flow and stability for nonprofits. It empowers organizations to focus on their mission, retain staff, and serve New Yorkers without facing insolvency or service disruptions. Nonprofits play a vital role in providing essential services in our state, yet chronic and unpredictable delays in reimbursement have threatened their ability to operate. Many organizations have had to take out costly loans, scale back programs, and even consider shutting their doors—directly impacting vulnerable New Yorkers who rely on these services every day. With hundreds of millions of dollars outstanding and a third of agencies reporting overdue payments, fair and prompt reimbursement is not just an administrative detail; it is the foundation for a robust and reliable safety net. By enacting the Prompt Payment Bill, New York would demonstrate its commitment to supporting nonprofit providers, enabling them to maintain staff, avoid unnecessary financial strain, and deliver programs efficiently. This vital reform will strengthen the entire sector’s ability to meet growing community needs and allow organizations to focus on what matters most: serving our neighbors. Please champion this long-overdue legislation and sign the Prompt Payment Bill into law. Your action will ensure greater security, fairness, and stability for nonprofits and the countless New Yorkers who depend on them.