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NY S09152

Bill

Official Source

Status

Passed

7/21/2022

Primary Sponsor

James Sanders

Click for details

Origin

Senate

2021-2022 General Assembly

AI Summary

  • Amends Chapter 526 of the Laws of 1998 relating to the banking development districts program
  • Extends the expiration date of Section 3 from January 1, 2023 to January 1, 2029
  • Allows savings banks, savings and loan associations, federal savings banks, and federal savings and loan associations to continue operating branches established in banking development districts before the expiration date
  • Branches established before expiration remain eligible for all rights and privileges authorized under the banking development districts program
  • Takes effect immediately upon enactment

Legislative Description

Extends the effectiveness of certain provisions relating to participation in the banking development districts program.

Last Action

SIGNED CHAP.473

7/21/2022

Committee Referrals

Ways and Means5/23/2022
Rules5/16/2022
Banks5/11/2022

Full Bill Text

No bill text available