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S10579 • 2025

Extends the effectiveness of the state charter advisory board

Extends the effectiveness of the state charter advisory board

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
James Sanders Jr.
Last action
2026-06-02
Official status
Senate Floor Calendar
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Extends the effectiveness of the state charter advisory board

Extends the effectiveness of the state charter advisory board Extends the effectiveness of the state charter advisory board.

What This Bill Does

  • Extends the effectiveness of the state charter advisory board Extends the effectiveness of the state charter advisory board.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-06-02 Senate

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

  2. 2026-06-02 Senate

    ORDERED TO THIRD READING CAL.1593

  3. 2026-06-02 Senate

    SUBSTITUTED BY A11393

  4. 2026-05-27 Senate

    REFERRED TO BANKS

Official Summary Text

Extends the effectiveness of the state charter advisory board
Extends the effectiveness of the state charter advisory board.

Current Bill Text

Read the full stored bill text 
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:

     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