New York · 2025 Regular Session · Bill
S 3985: Establishes a task force to study the impact of a state-issued cryptocurrency on the state of New York
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 3985 is a bill introduced in the New York Senate on January 31, 2025. According to its official title, it concerns: Establishes a task force to study the impact of a state-issued cryptocurrency on the state of New York. Primary sponsor: Kevin Parker (Democratic/Working Families). It lists 1 additional sponsor. Most recent recorded action (January 7, 2026): REFERRED 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.
Establishes a task force to study the impact of a state-issued cryptocurrency on the state of New York.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Democratic/Working Families 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kevin Parker | Primary sponsor | Democratic/Working Families | Senate | 21 |
| Luis Sepúlveda | Co-sponsor | Democratic | Senate | 32 |
“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 FINANCE
- REFERRED TO FINANCE