New York · 2025 Regular Session · Bill

S 3262: Establishes requirements for the creation and operation of limited purpose trust companies

Passed one chamber Last action January 7, 2026: REFERRED TO BANKS

Plain-language summary

S 3262 is a bill introduced in the New York Senate on January 24, 2025. According to its official title, it concerns: Establishes requirements for the creation and operation of limited purpose trust companies. Primary sponsor: Jeremy Cooney (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO BANKS.

Sponsors

Primary sponsor: Jeremy Cooney (Democratic/Working Families).