2025-2026 Regular Session • New York Legislature
A01222
Legislative Summary
Allows the department of financial services to have additional oversight of banks and insurance companies that are not currently licensed in this state; provides penalties for violations.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/9/2025
referred to banks
Assembly
5/20/2025
amend and recommit to banks
Assembly
5/20/2025
print number 1222a
Assembly
Status Information
Current Status
Introduced(1/9/2025)
Chamber
Assembly
Committee
Banks(Assembly)
Sponsors
Democrat: 4
Primary Sponsor
Alex Bores
Democrat