New York · 2025 Regular Session · Bill
A 4818: Allows credit unions, savings banks, savings and loan associations and federal savings associations to accept and secure deposits from municipal corporations
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 4818 is a bill introduced in the New York House on February 6, 2025. According to its official title, it concerns: Allows credit unions, savings banks, savings and loan associations and federal savings associations to accept and secure deposits from municipal corporations. Primary sponsor: Clyde Vanel (Democratic). It lists 8 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO BANKS.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Allows credit unions, savings banks, savings and loan associations and federal savings associations to accept and secure deposits from municipal corporations.
Sponsors
Sponsors by party (alphabetical): Democratic 5 · Democratic/Independence/Working Families 1 · Democratic/Working Families 1 · Republican/Conservative 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Clyde Vanel | Primary sponsor | Democratic | House | 33 |
| Chris Burdick | Co-sponsor | Democratic/Independence/Working Families | House | 93 |
| Marianne Buttenschon | Co-sponsor | Democratic | House | 119 |
| Jonathan Jacobson | Co-sponsor | Democratic | House | 104 |
| Dana Levenberg | Co-sponsor | Democratic/Working Families | House | 95 |
| Nader Sayegh | Co-sponsor | Democratic | House | 90 |
| Joe Sempolinski | Co-sponsor | Republican/Conservative | House | 148 |
| Matt Slater | Co-sponsor | Republican/Conservative | House | 94 |
| David Weprin | Co-sponsor | Democratic | House | 24 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO BANKS
- REFERRED TO BANKS