2025-2026 Regular SessionNew York Legislature

A06409

Legislative Summary

Establishes the bank of Rochester, including provisions related to definitions; sponsors and corporate structure; powers and restrictions; governance; charter requirements; financial and operations frameworks; transparency and financial reporting; insurance; deposits; policy mandates; ethics and financial disclosure; inconsistency with other laws; and owners not to be considered bank holding companies.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

3/4/2025
referred to banks
Assembly
4/17/2025
amend and recommit to banks
Assembly
4/17/2025
print number 6409a
Assembly

Status Information

Current Status
Introduced(3/4/2025)
Chamber
Assembly
Committee
Banks(Assembly)

Sponsors

Democrat: 1

Primary Sponsor

Harry Bronson
Harry Bronson
Democrat

Documents

Introduced
Bill Text3/4/202534.6 KB
Amended
Bill Text3/4/202535.6 KB