senate Bill S2494

Signed By Governor
2013-2014 Legislative Session

Relates to the maximum amount of funds which the state comptroller and the commissioner of taxation and finance may deposit

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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Actions

view actions (14)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Nov 13, 2013 signed chap.495
Nov 01, 2013 delivered to governor
Jun 17, 2013 returned to senate
passed assembly
ordered to third reading rules cal.210
substituted for a3236
Apr 16, 2013 referred to banks
delivered to assembly
passed senate
Mar 24, 2013 advanced to third reading
Mar 21, 2013 2nd report cal.
Mar 20, 2013 1st report cal.269
Feb 12, 2013 reported and committed to finance
Jan 17, 2013 referred to banks

Votes

view votes

Mar 20, 2013 - Finance committee Vote

S2494
33
1
committee
33
Aye
1
Nay
3
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Finance committee vote details

Feb 12, 2013 - Banks committee Vote

S2494
18
0
committee
18
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Banks committee vote details

S2494 - Details

See Assembly Version of this Bill:
A3236
Law Section:
Banking Law
Laws Affected:
Amd ยง87, Bank L
Versions Introduced in 2011-2012 Legislative Session:
S4927A, A8147A

S2494 - Summary

Relates to the maximum amount of funds which the state comptroller and the commissioner of taxation and finance may deposit and the maximum amount of funds on deposit at a community banking institution.

S2494 - Sponsor Memo

S2494 - Bill Text download pdf

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

                                  2494

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 17, 2013
                               ___________

Introduced  by  Sen.  GRIFFO -- read twice and ordered printed, and when
  printed to be committed to the Committee on Banks

AN ACT to amend the banking law,  in  relation  to  the  community  bank
  deposit program

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

  Section 1. Subdivision 2 of section 87 of the banking law, as  amended
by chapter 274 of the laws of 2007, is amended to read as follows:
  2.  The  maximum  amount  of funds which the state comptroller and the
commissioner of taxation and finance  may  deposit  under  this  program
shall  not  exceed  two hundred fifty million dollars each.  THE MAXIMUM
AMOUNT OF FUNDS ON DEPOSIT AT A COMMUNITY BANKING INSTITUTION SHALL  NOT
EXCEED TWENTY MILLION DOLLARS.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07267-01-3

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