- Summary
- Actions
- Committee Votes
- Floor Votes
- Memo
- Text
- LFIN
- Chamber Video/Transcript
S03227 Summary:
BILL NO | S03227A |
  | |
SAME AS | SAME AS A01772-A |
  | |
SPONSOR | SANDERS |
  | |
COSPNSR | LIU, PARKER |
  | |
MLTSPNSR | |
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Amd §28-b, Bank L | |
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Requires the assessment of a banking institution's record of performance to be in writing detailing the record of performance in helping to meet the credit needs of local communities. |
S03227 Actions:
BILL NO | S03227A | |||||||||||||||||||||||||||||||||||||||||||||||||
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02/04/2019 | REFERRED TO BANKS | |||||||||||||||||||||||||||||||||||||||||||||||||
05/08/2019 | 1ST REPORT CAL.649 | |||||||||||||||||||||||||||||||||||||||||||||||||
05/13/2019 | 2ND REPORT CAL. | |||||||||||||||||||||||||||||||||||||||||||||||||
05/14/2019 | ADVANCED TO THIRD READING | |||||||||||||||||||||||||||||||||||||||||||||||||
06/04/2019 | AMENDED ON THIRD READING 3227A | |||||||||||||||||||||||||||||||||||||||||||||||||
06/13/2019 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
06/13/2019 | DELIVERED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
06/13/2019 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | substituted for a1772a | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | ordered to third reading rules cal.96 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/19/2019 | returned to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
11/26/2019 | DELIVERED TO GOVERNOR | |||||||||||||||||||||||||||||||||||||||||||||||||
12/06/2019 | SIGNED CHAP.590 |
S03227 Committee Votes:
Go to topS03227 Floor Votes:
Yes
Abbate
Yes
Crespo
ER
Gantt
No
LiPetri
Yes
Perry
Yes
Simon
Yes
Abinanti
Yes
Crouch
No
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Simotas
Yes
Arroyo
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
No
Smith
No
Ashby
Yes
Cusick
Yes
Glick
No
Malliotakis
Yes
Pretlow
No
Smullen
Yes
Aubry
Yes
Cymbrowitz
No
Goodell
No
Manktelow
Yes
Quart
Yes
Solages
No
Barclay
Yes
Davila
Yes
Gottfried
Yes
McDonald
No
Ra
No
Stec
Yes
Barnwell
Yes
De La Rosa
Yes
Griffin
No
McDonough
No
Raia
Yes
Steck
Yes
Barrett
Yes
DenDekker
Yes
Gunther
Yes
McMahon
Yes
Ramos
Yes
Stern
Yes
Barron
No
DeStefano
No
Hawley
No
Mikulin
Yes
Raynor
Yes
Stirpe
Yes
Benedetto
Yes
Dickens
Yes
Hevesi
No
Miller B
No
Reilly
No
Tague
Yes
Bichotte
Yes
Dilan
Yes
Hunter
Yes
Miller MG
Yes
Reyes
Yes
Taylor
Yes
Blake
Yes
Dinowitz
Yes
Hyndman
Yes
Miller ML
Yes
Richardson
Yes
Thiele
No
Blankenbush
No
DiPietro
Yes
Jacobson
No
Montesano
Yes
Rivera
Yes
Titus
No
Brabenec
Yes
D'Urso
Yes
Jaffee
Yes
Morinello
Yes
Rodriguez
Yes
Vanel
Yes
Braunstein
Yes
Eichenstein
Yes
Jean-Pierre
Yes
Mosley
Yes
Romeo
No
Walczyk
Yes
Bronson
Yes
Englebright
No
Johns
Yes
Niou
Yes
Rosenthal D
Yes
Walker
Yes
Buchwald
Yes
Epstein
Yes
Jones
Yes
Nolan
Yes
Rosenthal L
Yes
Wallace
Yes
Burke
Yes
Fahy
Yes
Joyner
No
Norris
Yes
Rozic
No
Walsh
Yes
Buttenschon
Yes
Fall
Yes
Kim
Yes
O'Donnell
Yes
Ryan
Yes
Weinstein
No
Byrne
Yes
Fernandez
No
Kolb
Yes
Ortiz
Yes
Salka
Yes
Weprin
No
Byrnes
No
Finch
No
Lalor
Yes
Otis
Yes
Santabarbara
Yes
Williams
Yes
Cahill
No
Fitzpatrick
Yes
Lavine
No
Palmesano
Yes
Sayegh
No
Woerner
Yes
Carroll
No
Friend
No
Lawrence
No
Palumbo
No
Schimminger
Yes
Wright
Yes
Colton
Yes
Frontus
Yes
Lentol
Yes
Paulin
No
Schmitt
Yes
Zebrowski
Yes
Cook
Yes
Galef
Yes
Lifton
Yes
Peoples-Stokes
Yes
Seawright
Yes
Mr. Speaker
‡ Indicates voting via videoconference
S03227 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 3227--A Cal. No. 649 2019-2020 Regular Sessions IN SENATE February 4, 2019 ___________ Introduced by Sens. SANDERS, PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Banks -- reported favorably from said committee, ordered to first and second report, ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading 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: 1 Section 1. The opening paragraph of paragraph (a) of subdivision 3 of 2 section 28-b of the banking law, as amended by chapter 227 of the laws 3 of 2013, is amended to read as follows: 4 When taking any action on an application or notice made by a banking 5 institution under (i) section one hundred five, two hundred twenty-four, 6 two hundred forty, or three hundred ninety-six of this chapter for a 7 branch office, (ii) section one hundred ninety-one of this chapter for a 8 public accommodation office, (iii) section six hundred one-b of this 9 chapter for approval of a merger or purchase of assets, or (iv) under 10 section one hundred five-a, two hundred forty-a or three hundred nine- 11 ty-six-a of this chapter for the use or installation of an automated 12 teller machine, point-of-sale terminal or similar electronic facility or 13 on any other application or notice to which the superintendent of finan- 14 cial services shall by rule or regulation make applicable the provisions 15 of this section, the superintendent shall take into account, among other 16 factors, an assessment, in writing, of the record of performance of the 17 banking institution in helping to meet the credit needs of its entire 18 community, including low and moderate-income neighborhoods, consistent 19 with safe and sound operation of the banking institution. Such assess- 20 ment and any written communications from the department of financial 21 services to a banking institution relating to such assessment shall be EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04697-06-9S. 3227--A 2 1 made available to the public upon request, provided that nothing 2 contained in this subdivision shall be deemed to alter, amend or affect 3 the provisions of subdivision ten of section thirty-six of this chapter. 4 In making such assessment the superintendent shall review all reports 5 and documents filed with him or her pursuant to subdivision one of this 6 section and any signed, written comments received by the superintendent 7 which specifically relate to the banking institution's performance in 8 helping to meet the credit needs of its community. In addition, the 9 superintendent shall consider the following factors in assessing a bank- 10 ing institution's record of performance, and include in its written 11 assessment required by this section the record of performance of such 12 banking institution as to each of the following factors: 13 § 2. This act shall take effect on the one hundred twentieth day after 14 it shall have become a law. Effective immediately, the addition, amend- 15 ment and/or repeal of any rules or regulations necessary for the imple- 16 mentation of the foregoing section of this act on its effective date are 17 authorized to be made on or before such effective date.