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S 8199 NY
Passed Legislature

Directs the department of financial services to conduct a study on the banking development district program and to make recommendations to improve such program

NY · session 2025-2026 · Senate · bill

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Introduced May 20, 2025

Latest action (May 29, 2026) ORDERED TO THIRD READING RULES CAL.268

Summary

This bill directs New York's Department of Financial Services to conduct a study on the banking development district program. The study will examine how the program operates and assess its effectiveness in achieving its goals. Following the study, the Department of Financial Services must make recommendations for improving the banking development district program. This review and recommendations will help inform potential reforms to the program's operations and effectiveness. The study provides an opportunity to evaluate the program's current status and identify areas for strengthening or improvement.

AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.

Official abstract

Directs the department of financial services to conduct a study on the banking development district program and to make recommendations to improve such program.

Sponsor (1)

Action history (18)
  1. May 20, 2025 REFERRED TO BANKS · upper
  2. May 27, 2025 1ST REPORT CAL.1289 · upper
  3. May 28, 2025 2ND REPORT CAL. · upper
  4. May 29, 2025 ADVANCED TO THIRD READING · upper
  5. Jun 5, 2025 PASSED SENATE · upper
  6. Jun 5, 2025 DELIVERED TO ASSEMBLY · upper
  7. Jun 5, 2025 REFERRED TO WAYS AND MEANS · lower
  8. Jan 7, 2026 DIED IN ASSEMBLY · lower
  9. Jan 7, 2026 RETURNED TO SENATE · lower
  10. Jan 7, 2026 REFERRED TO BANKS · upper
  11. Apr 28, 2026 1ST REPORT CAL.856 · upper
  12. Apr 29, 2026 2ND REPORT CAL. · upper
  13. May 4, 2026 ADVANCED TO THIRD READING · upper
  14. May 11, 2026 PASSED SENATE · upper
  15. May 11, 2026 DELIVERED TO ASSEMBLY · upper
  16. May 11, 2026 REFERRED TO WAYS AND MEANS · lower
  17. May 29, 2026 SUBSTITUTED FOR A8705 · lower
  18. May 29, 2026 ORDERED TO THIRD READING RULES CAL.268 · lower

Full text

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