NY A08971 | 2011-2012 | General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 4-0)
Status: Passed on July 18 2012 - 100% progression
Action: 2012-07-18 - signed chap.128
Text: Latest bill text (Introduced) [HTML]

Summary

Authorizes the state, local governments and public authorities to arrange for redeposit of moneys through a deposit placement program through a bank or trust company that serves as custodian with respect to the moneys and arranges for the redeposit of the moneys in one or more banking institutions, the monies being secured, provided that the depository receives deposits from customers of other financial institutions that are at least equal to the amount of the moneys so invested.

Tracking Information

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Title

Authorizes the state, local governments and public authorities to arrange for redeposit of moneys through a deposit placement program through a bank or trust company that serves as custodian with respect to the moneys and arranges for the redeposit of the moneys in one or more banking institutions, the monies being secured, provided that the depository receives deposits from customers of other financial institutions that are at least equal to the amount of the moneys so invested.

Sponsors


Roll Calls

2012-06-12 - Senate - Senate Floor Vote - Final Passage (Y: 59 N: 0 NV: 0 Abs: 3) [PASS]
Assembly - Assembly Floor Vote - Final Passage (Y: 137 N: 0 NV: 0 Abs: 13) [PASS]

History

DateChamberAction
2012-07-18Senatesigned chap.128
2012-07-06Assemblydelivered to governor
2012-06-12SenateRETURNED TO ASSEMBLY
2012-06-12SenatePASSED SENATE
2012-06-12Senate3RD READING CAL.528
2012-06-12SenateSUBSTITUTED FOR S5135
2012-06-06SenateREFERRED TO FINANCE
2012-06-06Assemblydelivered to senate
2012-06-06Assemblypassed assembly
2012-06-01Assemblyadvanced to third reading cal.698
2012-05-31Assemblyreported
2012-01-24Assemblyreported referred to ways and means
2012-01-10Assemblyreferred to local governments

Same As/Similar To

S05135 (Same As) 2012-06-12 - SUBSTITUTED BY A8971

New York State Sources


Bill Comments

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