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Assembly Bill A11393

2025-2026 Legislative Session

Extends the effectiveness of the state charter advisory board

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Current Bill Status - In Assembly Committee

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2025-A11393 (ACTIVE) - Details

Current Committee:
Assembly Banks
Law Section:
Financial Services
Laws Affected:
Amd Part A §114, Chap 62 of 2011

2025-A11393 (ACTIVE) - Summary

Extends the effectiveness of the state charter advisory board.

2025-A11393 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   11393
 
                           I N  A S S E M B L Y
 
                               May 15, 2026
                                ___________
 
 Introduced by COMMITTEE ON RULES -- (at request of M. of A. Anderson) --
   read once and referred to the Committee on Banks
 
 AN ACT to amend chapter 62 of the laws of 2011, relating to constituting
   chapter  18-A of the consolidated laws relating to financial services,
   in relation to extending the effectiveness thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision (e) of section 114 of part A of chapter 62 of
 the laws of 2011, relating to constituting chapter 18-A of  the  consol-
 idated laws relating to financial services, as amended by chapter 302 of
 the laws of 2021, is amended to read as follows:
   (e)  section  205-b  of the financial services law as added by section
 one of this act shall expire October 3, [2026] 2031, when upon such date
 the provisions of such section shall be deemed repealed;
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15922-01-6

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