|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 06, 2018||referred to banks|
delivered to assembly
ordered to third reading cal.1544
|Jun 05, 2018||committee discharged and committed to rules|
|Jan 03, 2018||referred to banks|
|Jun 07, 2017||reported and committed to rules|
|Jan 20, 2017||referred to banks|
senate Bill S3172
Archive: Last Bill Status - Passed Senate
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S3172 (ACTIVE) - Details
S3172 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3172 TITLE OF BILL : An act to establish a commission to study the feasibility of establishing a bank owned by the state of New York or by a public authority constituted by the state of New York; and providing for the repeal of such provisions upon expiration thereof PURPOSE : The purpose of this legislation is to establish a commission to study the feasibility of establishing a bank owned by the state of New York or designated agency. SUMMARY OF PROVISIONS : Section 1. A temporary state commission, to be known as the New York State Commission on Establishing a Bank Owned by New York State, is established to study the feasibility of a bank owned by New York State or by a public authority constituted by the State of New York. Section 2. a. The Commission shall consist of fifteen members. b. The Governor shall designate one of his or her appointees as the chair of the Commission. c. The members of the Commission shall be appointed no later than 90 days after the effective date of this act.
S3172 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3172 2017-2018 Regular Sessions I N S E N A T E January 20, 2017 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to establish a commission to study the feasibility of establish- ing a bank owned by the state of New York or by a public authority constituted by the state of New York; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. A temporary state commission, to be known as the New York state commission on establishing a bank owned by New York state, herein- after referred to as the commission, is hereby established to study the feasibility of establishing a bank owned by the state of New York or by a public authority constituted by the state of New York. § 2. a. The commission shall consist of fifteen members, to be appointed as follows: (i) six members shall be appointed by the governor, one of whom shall be a representative of the New York state banking department, one shall be a representative from the New York state department of taxation and finance, the remaining four governor's appointees shall not be employees of the executive branch and at least one member shall represent the banking and financial industries of the state including, but not limited to, the New York Bankers Association, at least one member shall repre- sent community banking, and no more than one member may be a represen- tative of any financial services firm located within the state, includ- ing, but not limited to, the New York state small business development center; (ii) one member shall be the New York state comptroller or the comp- troller's designee; (iii) three members shall be appointed by the temporary president of the senate, one of whom shall be a member of the senate; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01404-01-7
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