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A09665 Summary:

BILL NOA09665E
 
SAME ASSAME AS S05565-D
 
SPONSORAbinanti
 
COSPNSRJean-Pierre, Kim, Fall, Epstein, Rosenthal L, Arroyo, Burke, Taylor, Steck, Seawright, Frontus, Rodriguez, Richardson, Jacobson, Reyes, Gottfried, Englebright, Simon, Ortiz, Perry, Niou, Bichotte, Solages, Bronson, Dinowitz, Hunter, Dickens, Galef, DenDekker, Fahy, Peoples-Stokes
 
MLTSPNSR
 
Amd §2, add Art 3-C §§156 - 156-j, Bank L; amd §98, St Fin L; amd §10, Gen Muni L
 
Relates to establishing the New York public banking act; authorizes the lending of public credit to public banks and authorizes public ownership of stock in public banks for the purpose of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.
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