NY A05782 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 43-1)
Status: Introduced on February 25 2021 - 25% progression, died in chamber
Action: 2021-09-15 - enacting clause stricken
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 25 2021 - 25% progression, died in chamber
Action: 2021-09-15 - enacting clause stricken
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes the "New York public banking act"; authorizes municipal and other local government to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public credit to such public banks for the public purposes of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.
Title
Establishes the "New York public banking act"; authorizes municipal and other local government to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public credit to such public banks for the public purposes of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2021-09-15 | Assembly | enacting clause stricken |
| 2021-02-25 | Assembly | referred to banks |
Same As/Similar To
S01762 (Same As) 2022-05-05 - PRINT NUMBER 1762B
