Assembly Bill A9804

Signed By Governor
2021-2022 Legislative Session

Extends the effectiveness of certain provisions relating to participation in the banking development districts program

download bill text pdf

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Archive: Last Bill Status Via S9152 - 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

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2021-A9804 (ACTIVE) - Details

See Senate Version of this Bill:
S9152
Law Section:
Banking Law
Laws Affected:
Amd §4, Chap 526 of 1998

2021-A9804 (ACTIVE) - Summary

Extends the effectiveness of certain provisions relating to participation in the banking development districts program.

2021-A9804 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9804
 
                           I N  A S S E M B L Y
 
                              April 18, 2022
                                ___________
 
 Introduced  by  M.  of  A.  JEAN-PIERRE -- 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 the effectiveness 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 629 of the laws of 2019, is
 amended to read as follows:
   § 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 section
 three of this act shall remain in effect until January  1,  [2023]  2029
 when  upon  such  date  it shall expire and be deemed repealed; provided
 however that any branch established prior to the expiration  and  repeal
 of section three of this act by a savings bank, savings and loan associ-
 ation, 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.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14993-02-2

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