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NY S05565

Bill

Status

Introduced

5/7/2019

Primary Sponsor

James Sanders

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Origin

Senate

2019-2020 General Assembly

AI Summary

Legislative Description

Relates to establishing the New York public banking act; authorizes the lending of public credit to public banks and authorizes public ownership of stock in public banks for the purpose of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.

Last Action

PRINT NUMBER 5565D

8/7/2020

Committee Referrals

Banks5/7/2019

Full Bill Text

No bill text available