Assembly Bill A5453

2021-2022 Legislative Session

Authorizes the New York state department of financial services to oversee the planned closing of bank branch offices by federally chartered banking organizations

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

multi-Sponsors

2021-A5453 (ACTIVE) - Details

See Senate Version of this Bill:
S3146
Current Committee:
Assembly Banks
Law Section:
Banking Law
Laws Affected:
Amd §28-c, Bank L
Versions Introduced in Other Legislative Sessions:
2013-2014: S7610
2015-2016: S1140
2017-2018: S1592
2019-2020: S2295
2023-2024: S4140

2021-A5453 (ACTIVE) - Summary

Authorizes the New York state department of financial services to oversee the planned closing of bank branch offices by federally chartered banking organizations.

2021-A5453 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5453
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 16, 2021
                                ___________
 
 Introduced  by M. of A. DICKENS -- read once and referred to the Commit-
   tee on Banks
 
 AN ACT to amend the banking law,  in  relation  to  federally  chartered
   banking organizations
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The opening paragraph of subdivision 1 of section  28-c  of
 the  banking  law,  as  amended  by  chapter 180 of the laws of 2012, is
 amended to read as follows:
   This section is intended to provide the superintendent  with  detailed
 information  concerning  the planned closing of branch offices by state-
 chartered AND FEDERALLY CHARTERED banking organizations, the availabili-
 ty of alternative financial services within the general area  served  by
 such  branch  and  the economic impact upon the community resulting from
 such closing, and  to  provide  the  superintendent  with  authority  to
 conduct  meetings  with  banking  organizations  and community groups in
 areas where a branch  closing  is  planned.  The  requirements  of  this
 section shall not apply to the following:
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04659-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.