Extends the effectiveness of the state charter advisory board

This bill extends the expiration date of the state charter advisory board from October 3, 2026, to October 3, 2031. The advisory board, which provides guidance on chartering financial institutions, will continue to operate under this new timeline instead of ceasing operations in 2026. By delaying the repeal of the relevant law, the legislation ensures the board remains active for an additional five years. The change applies to the financial services sector and affects the regulatory framework for chartering entities within the state.