Establishes the "climate safe & responsible bank procurement act"

This bill requires New York State agencies to consider specific climate criteria when purchasing banking services (like bond underwriting and depository accounts) from large banks ($100B+ in assets). It mandates that banks must disclose all greenhouse gas emissions, report their clean energy financing ratio, ban coal projects, phase out fossil fuel investments, and have a net-zero plan by 2050 to qualify for state contracts. The law takes effect in 2027, with agencies to evaluate these criteria as part of "best value" decisions for banking services. The bill directly affects large financial institutions seeking state business, aligning procurement with New York's climate goals.