New York · 2025 Regular Session · Bill
A 6268: Establishes the "New York public banking act"
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 6268 is a bill introduced in the New York House on March 3, 2025. According to its official title, it concerns: Establishes the "New York public banking act". Primary sponsor: Clyde Vanel (Democratic). It lists 4 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.
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.
Sponsors
Sponsors by party (alphabetical): Democratic 3 · Democratic/Working Families 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Clyde Vanel | Primary sponsor | Democratic | House | 33 |
| Diana Moreno | Co-sponsor | Democratic/Working Families | House | 36 |
| Steve Otis | Co-sponsor | Democratic | House | 91 |
| Linda Rosenthal | Co-sponsor | Democratic | House | 67 |
| Sarahana Shrestha | Co-sponsor | Democratic/Working Families | House | 103 |
“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