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NY A10031

Bill

Status

Passed

8/28/2024

Primary Sponsor

Marianne Buttenschon

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Extends the expiration date of sections one, three, four and five of chapter 3 of the laws of 1997 from September 10, 2024 to September 10, 2029

  • Extends the expiration date of sections one, two, three and four of chapter 322 of the laws of 2007 from September 10, 2024 to September 10, 2029

  • Authorizes banks, trust companies, credit unions, and other financial institutions to continue exercising the rights of national banks and federal financial institutions under the extended provisions

  • Rules and regulations promulgated under these sections shall remain in full force and effect after the September 10, 2029 expiration date

  • Legislation takes effect immediately

Legislative Description

Extends certain provisions of the banking law from September 10, 2024 until September 10, 2029.

Last Action

signed chap.254

8/28/2024

Committee Referrals

Banks5/15/2024
Banks5/2/2024

Full Bill Text

No bill text available