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New York · 2025 Regular Session · Bill

S 8357: Relates to a deposit placement program for the Banking Development District Program

Passed both chambers 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 8357 is a bill introduced in the New York Senate on June 4, 2025. According to its official title, it concerns: Relates to a deposit placement program for the Banking Development District Program. Primary sponsor: James Sanders (Democratic). Most recent recorded action (June 2, 2026): RETURNED TO SENATE.

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 a bank, in the discretion of the comptroller and the commissioner of taxation and finance, to arrange for the redeposit of moneys, in whole or in part, through a deposit placement program.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
James SandersPrimary sponsorDemocraticSenate10

“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. RETURNED TO SENATE
  2. PASSED ASSEMBLY
  3. ORDERED TO THIRD READING RULES CAL.354
  4. SUBSTITUTED FOR A9574
  5. REFERRED TO BANKS
  6. DELIVERED TO ASSEMBLY
  7. PASSED SENATE
  8. ADVANCED TO THIRD READING
  9. 2ND REPORT CAL.
  10. 1ST REPORT CAL.470
  11. REFERRED TO FINANCE
  12. RETURNED TO SENATE

Showing 12 most recent of 18 actions. Full history

Sources

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