Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 06, 2019 |
signed chap.590 |
Nov 26, 2019 |
delivered to governor |
Jun 19, 2019 |
returned to senate passed assembly ordered to third reading rules cal.96 substituted for a1772a |
Jun 19, 2019 |
substituted by s3227a |
Jun 11, 2019 |
ordered to third reading rules cal.96 rules report cal.96 reported |
Jun 06, 2019 |
reported referred to rules |
Jun 05, 2019 |
reported referred to ways and means |
May 31, 2019 |
print number 1772a |
May 31, 2019 |
amend and recommit to banks |
Jan 17, 2019 |
referred to banks |
Assembly Bill A1772A
Signed By Governor2019-2020 Legislative Session
Sponsored By
PEOPLES-STOKE
Archive: Last Bill Status Via S3227 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
Marcos Crespo
Robert J. Rodriguez
David Weprin
N. Nick Perry
2019-A1772 - Details
2019-A1772 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1772 2019-2020 Regular Sessions I N A S S E M B L Y January 17, 2019 ___________ Introduced by M. of A. PEOPLES-STOKES, CRESPO, RODRIGUEZ, WEPRIN, PERRY, DICKENS -- read once and referred to the Committee on Banks AN ACT to amend the banking law, in relation to assessment of the record of performance of banking institutions in helping to meet the credit needs of local communities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of paragraph (a) of subdivision 3 of section 28-b of the banking law, as amended by chapter 227 of the laws of 2013, is amended to read as follows: When taking any action on an application or notice made by a banking institution under (i) section one hundred five, two hundred twenty-four, two hundred forty, or three hundred ninety-six of this chapter for a branch office, (ii) section one hundred ninety-one of this chapter for a public accommodation office, (iii) section six hundred one-b of this chapter for approval of a merger or purchase of assets, or (iv) under section one hundred five-a, two hundred forty-a or three hundred nine- ty-six-a of this chapter for the use or installation of an automated teller machine, point-of-sale terminal or similar electronic facility or on any other application or notice to which the superintendent of finan- cial services shall by rule or regulation make applicable the provisions of this section, the superintendent shall take into account, among other factors, an assessment, in writing, of the record of performance of the banking institution in helping to meet the credit needs of its entire community, including low and moderate-income neighborhoods, consistent with safe and sound operation of the banking institution. SUCH ASSESS- MENT SHALL INCLUDE A SEPARATE DISCUSSION OF THE RECORD OF THE BANKING INSTITUTION PERTAINING TO EACH OF THE ASSESSMENT FACTORS LISTED IN ALL OF THE SUBPARAGRAPHS OF THIS PARAGRAPH AND A COMPLETE EXPLANATION OF HOW EACH OF THESE FACTORS WAS CONSIDERED BY THE DEPARTMENT IN MAKING THE ASSESSMENT. THIS EXPLANATION SHALL INCLUDE, BUT NOT BE LIMITED TO, ANNU- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
Marcos Crespo
Robert J. Rodriguez
David Weprin
N. Nick Perry
2019-A1772A (ACTIVE) - Details
2019-A1772A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1772--A 2019-2020 Regular Sessions I N A S S E M B L Y January 17, 2019 ___________ Introduced by M. of A. PEOPLES-STOKES, CRESPO, RODRIGUEZ, WEPRIN, PERRY, DICKENS -- read once and referred to the Committee on Banks -- commit- tee discharged, bill amended, ordered reprinted as amended and recom- mitted to said committee AN ACT to amend the banking law, in relation to assessment of the record of performance of banking institutions in helping to meet the credit needs of local communities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The opening paragraph of paragraph (a) of subdivision 3 of section 28-b of the banking law, as amended by chapter 227 of the laws of 2013, is amended to read as follows: When taking any action on an application or notice made by a banking institution under (i) section one hundred five, two hundred twenty-four, two hundred forty, or three hundred ninety-six of this chapter for a branch office, (ii) section one hundred ninety-one of this chapter for a public accommodation office, (iii) section six hundred one-b of this chapter for approval of a merger or purchase of assets, or (iv) under section one hundred five-a, two hundred forty-a or three hundred nine- ty-six-a of this chapter for the use or installation of an automated teller machine, point-of-sale terminal or similar electronic facility or on any other application or notice to which the superintendent of finan- cial services shall by rule or regulation make applicable the provisions of this section, the superintendent shall take into account, among other factors, an assessment, in writing, of the record of performance of the banking institution in helping to meet the credit needs of its entire community, including low and moderate-income neighborhoods, consistent with safe and sound operation of the banking institution. Such assess- ment and any written communications from the department of financial services to a banking institution relating to such assessment shall be made available to the public upon request, provided that nothing EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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