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Assembly Bill A8103A

Signed By Governor

2011-2012 Legislative Session

Extends certain provisions of the banking development districts program

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Archive: Last Bill Status Via S5478 - Signed by Governor

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co-Sponsors

multi-Sponsors

2011-A8103 - Details

See Senate Version of this Bill:
S5478
Law Section:
Banking Law
Laws Affected:
Amd §4, Chap 526 of 1998

2011-A8103 - Summary

Extends date of certain provisions relating to participation in the banking department districts program to January 1, 2017.

2011-A8103 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  8103

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              June 1, 2011
                               ___________

Introduced  by  M. of A. MENG -- read once and referred to the Committee
  on Banks

AN ACT to amend chapter 526 of the laws of 1998,  amending  the  banking
  law  relating  to  participation  in the banking development districts
  program,  in  relation  to  extending  the  effectiveness  of  certain
  provisions thereof

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 4 of chapter 526 of the laws of 1998, amending  the
banking  law  relating  to  participation  in  the  banking  development
districts program, as amended by chapter 300 of the  laws  of  2004,  is
amended to read as follows:
  S  4.  This  act  shall  take  effect on the first day of January next
succeeding the date on which it shall have become a law and shall remain
in effect until January 1, [2012] 2014 when  upon  such  date  it  shall
expire  and  be deemed repealed; provided however that any branch estab-
lished prior to the expiration and repeal of this act by a savings bank,
savings and loan association, federal savings bank  or  federal  savings
and  loan association in a banking development district pursuant to this
act shall continue to operate in accordance with  this  act  and  remain
eligible for all the rights and privileges authorized by this act.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11357-02-1

co-Sponsors

multi-Sponsors

2011-A8103A (ACTIVE) - Details

See Senate Version of this Bill:
S5478
Law Section:
Banking Law
Laws Affected:
Amd §4, Chap 526 of 1998

2011-A8103A (ACTIVE) - Summary

Extends date of certain provisions relating to participation in the banking department districts program to January 1, 2017.

2011-A8103A (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 8103--A

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              June 1, 2011
                               ___________

Introduced  by M. of A. MENG, P. RIVERA, N. RIVERA, AUBRY -- Multi-Spon-
  sored by -- M.   of A. ROBINSON --  read  once  and  referred  to  the
  Committee  on Banks -- reported and referred to the Committee on Rules
  -- Rules Committee discharged,  bill  amended,  ordered  reprinted  as
  amended and recommitted to the Committee on Rules

AN  ACT  to  amend chapter 526 of the laws of 1998, amending the banking
  law relating to participation in  the  banking  development  districts
  program,  in  relation  to  extending  the  effectiveness  of  certain
  provisions thereof

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Section 4 of chapter 526 of the laws of 1998, amending the
banking  law  relating  to  participation  in  the  banking  development
districts  program,  as  amended  by chapter 300 of the laws of 2004, is
amended to read as follows:
  S 4. This act shall take effect on  the  first  day  of  January  next
succeeding the date on which it shall have become a law and shall remain
in  effect  until  January  1,  [2012] 2017 when upon such date it shall
expire and be deemed repealed; provided however that any  branch  estab-
lished prior to the expiration and repeal of this act by a savings bank,
savings  and  loan  association, federal savings bank or federal savings
and loan association in a banking development district pursuant to  this
act  shall  continue  to  operate in accordance with this act and remain
eligible for all the rights and privileges authorized by this act.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11357-03-1

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