STATE OF NEW YORK
________________________________________________________________________
11393
IN ASSEMBLY
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:
1 Section 1. Subdivision (e) of section 114 of part A of chapter 62 of
2 the laws of 2011, relating to constituting chapter 18-A of the consol-
3 idated laws relating to financial services, as amended by chapter 302 of
4 the laws of 2021, is amended to read as follows:
5 (e) section 205-b of the financial services law as added by section
6 one of this act shall expire October 3, [2026] 2031, when upon such date
7 the provisions of such section shall be deemed repealed;
8 § 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
