S 9382 New York Senate · 2023 Regular Session

Relates to the effectiveness of certain provisions of the banking law

This bill extends the expiration date for specific banking law provisions from September 10, 2024, to September 10, 2029. It directly affects banks, trust companies, and other financial institutions by keeping in place rules that allow them to exercise certain rights and powers previously granted by national banks. The legislation ensures that any regulations created under these sections remain valid even after the main provisions expire. Additionally, it maintains the immediate effectiveness of the act while delaying the repeal of the extended sections.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
Governor
Introduced May 14, 2024 Last action May 28, 2024
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Committee
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May 14, 2024
Senate · Referred to committee
REFERRED TO BANKS
1 primary · 0 co-sponsors

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Party
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P
Photo of James Sanders
James Sanders
DDemocratic
NY
10