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New York · 2025 Regular Session · Bill

S 3066: 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

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

S 3066 is a bill introduced in the New York Senate on January 23, 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: James Sanders (Democratic). It lists 7 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 2 · Democratic/Working Families 4 · Republican/Conservative 2

NameRolePartyChamberDistrict
James SandersPrimary sponsorDemocraticSenate10
Jake AshbyCo-sponsorRepublican/ConservativeSenate43
Rachel MayCo-sponsorDemocratic/Working FamiliesSenate48
Shelley MayerCo-sponsorDemocratic/Working FamiliesSenate37
Kevin ParkerCo-sponsorDemocratic/Working FamiliesSenate21
Jessica RamosCo-sponsorDemocratic/Working FamiliesSenate13
James SkoufisCo-sponsorDemocraticSenate42
Mark WalczykCo-sponsorRepublican/ConservativeSenate49

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO BANKS
  2. REFERRED TO BANKS

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source