S 8357 New York Senate · 2025 Regular Session

Relates to a deposit placement program for the Banking Development District Program

Summary

Allows a bank, in the discretion of the comptroller and the commissioner of taxation and finance, to arrange for the redeposit of moneys, in whole or in part, through a deposit placement program.

Bill status passed both 4 of 5 stages cleared

Introduction

Jun 2025

Committee Review

Mar 2026

Senate Passage

Mar 2026

Assembly Passage

Jun 2026

Governor

Introduced Jun 4, 2025 Last action Jun 2, 2026

Floor votes · Senate Jun 9, 2025 · Assembly Jun 2, 2026

How they voted

61–1

Passed · 1 other

Total votes 63

Jun 9, 2025

D Democratic41

41 Yea

100% Yea

R Republican22

20 Yea 1 Nay 1

90% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 2, 2026

Lower · Passed

PASSED ASSEMBLY

lower

Mar 25, 2026

Committee

REFERRED TO BANKS

lower

Mar 25, 2026

Upper · Passed

PASSED SENATE

upper

Jan 7, 2026

Committee

REFERRED TO FINANCE

upper

Jun 9, 2025

Committee

REFERRED TO BANKS

lower

Jun 9, 2025

Upper · Passed

PASSED SENATE

upper

Jun 4, 2025

Committee

REFERRED TO RULES

upper

1 primary · 0 co-sponsors