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NY A06090
Bill
Status
Introduced
4/3/2023
Primary Sponsor
Khaleel Anderson
Click for details
AI Summary
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Amends section 28-b of the New York Banking Law to add a new evaluation factor for banking institutions' performance records
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Requires consideration of a banking institution's participation in the banking development district program when establishing a branch in such a district
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References compliance with section 96-d of the Banking Law regarding banking development district activities
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Takes effect immediately upon enactment
Legislative Description
Includes participation in a banking development district as a factor when assessing a banking institution's record of performance in relation to the Community Reinvestment Act of 1977.
Last Action
substituted by s6648
5/29/2024
Committee Referrals
Rules5/23/2023
Banks4/3/2023
Full Bill Text
No bill text available