New York · 2025 Regular Session · Bill
S 3262: Establishes requirements for the creation and operation of limited purpose trust companies
Passed one chamber Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
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.
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 requirements for the creation and operation of limited purpose trust companies; establishes how to apply to operate as a limited purpose trust company.
Sponsors
Sponsors by party (alphabetical): Democratic/Working Families 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jeremy Cooney | Primary sponsor | Democratic/Working Families | Senate | 56 |
“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
- RETURNED TO SENATE
- DIED IN ASSEMBLY
- REFERRED TO BANKS
- DELIVERED TO ASSEMBLY
- PASSED SENATE
- ORDERED TO THIRD READING CAL.1613
- COMMITTEE DISCHARGED AND COMMITTED TO RULES
- REFERRED TO BANKS