New York · 2025 Regular Session · Bill
S 3615: Relates to minority depository institutions which apply to establish a home or branch office in an unbanked or underbanked community
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 3615 is a bill introduced in the New York Senate on January 29, 2025. According to its official title, it concerns: Relates to minority depository institutions which apply to establish a home or branch office in an unbanked or underbanked community. Primary sponsor: James Sanders (Democratic). It lists 1 additional sponsor. Most recent recorded action (February 26, 2026): REPORTED AND COMMITTED TO FINANCE.
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.
Relates to minority depository institutions which apply to establish a home or branch office in an unbanked or underbanked community; provides that such institutions shall be entitled to receive deposits from the state comptroller and the commissioner of taxation and finance.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican/Conservative 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| James Sanders | Primary sponsor | Democratic | Senate | 10 |
| George Borrello | Co-sponsor | Republican/Conservative | Senate | 57 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REPORTED AND COMMITTED TO FINANCE
- REFERRED TO BANKS
- REPORTED AND COMMITTED TO FINANCE
- REFERRED TO BANKS