S 1754

  • New York Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Senate
  • Assembly
  • Governor

Establishes the "New York public banking act"

Abstract

Establishes the "New York public banking act"; authorizes municipal and other local governments to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public credit to such public banks for the public purposes of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.

Bill Sponsors (32)

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Jan 03, 2024

Senate

REFERRED TO BANKS

Jan 13, 2023

Senate

REFERRED TO BANKS

Bill Text

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