Do you support this bill?

Senate Bill S10579

2025-2026 Legislative Session

Extends the effectiveness of the state charter advisory board

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Banks Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2025-S10579 (ACTIVE) - Details

See Assembly Version of this Bill:
A11393
Current Committee:
Senate Banks
Law Section:
Financial Services
Laws Affected:
Amd Part A §114, Chap 62 of 2011

2025-S10579 (ACTIVE) - Summary

Extends the effectiveness of the state charter advisory board.

2025-S10579 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10579
 
                             I N  S E N A T E
 
                               May 27, 2026
                                ___________
 
 Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
   printed to be committed 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

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.