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Senate bill · S10579 (2025-26)

Extends the effectiveness of the state charter advisory board

New York State Senate

Same as A11393, the matching bill in the Assembly.

Latest action Aug 28, 2026

Passed as A11393, the matching Assembly bill.

Sponsor: James Sanders Jr. (State Senator, District 10, Democratic)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 23, 2026. About our data

Summary

Extends the effectiveness of the state charter advisory board.

Summary from NY Open Legislation. How we handle summaries

Purpose, from the sponsor's memo

To extend the expiration of the State Charter Advisory Board for 5 addi- tional years through October 3, 2031 and to add reporting requirements.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Where it stands

Signed into law.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Banks · New York State Assembly

Also referred to Banks · New York State Senate.

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The sponsor's argument

Why James Sanders Jr. says this is needed

The State Charter Advisory Board works with the Superintendent in retaining state-chartered banking institutions, encouraging federally chartered institutions to convert to a state charter and promote the state banking system. There are nine members of the advisory board, consisting of one representative of credit unions, one representative of consumers, one representative of foreign banks; and representatives of banks reflecting a range of assets, size and geographical location. The superintendent governs the method by which state chartered insti- tutions may nominate persons-to the board and the process for selecting such members, provided that the representative of consumers is selected by the Superintendent. The requirement of an annual report allows the legislature to monitor topics of concern to the industry and consumers and any discussion of legislation that could be requested or appropriate.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Recorded votes

  • Vote: Committee vote · Rules

    Senate RulesJun 2, 2026Result: passed

    (20) (0) (0) (1)

  • Vote: Floor vote

    NY SenateJun 2, 2026Result: passedSenate vote on A11393, the matching Assembly bill.

    (61) (0) (0) (2)

Full history

  1. Aug 28, 2026

    Signed

    SIGNED CHAP.278

    NY Assembly

  2. Aug 21, 2026

    Sent to the executive

    DELIVERED TO GOVERNOR

    NY Assembly

  3. Jun 2, 2026

    3RD Reading CAL.1593

    3RD READING CAL.1593

    NY Senate

  4. Jun 2, 2026

    In committee

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

    NY Senate

  5. Jun 2, 2026

    Passed a chamber

    PASSED SENATE

    NY Senate

Show full history (9 earlier events)
  1. Jun 2, 2026

    Substituted

    SUBSTITUTED FOR S10579

    NY Senate

  2. May 28, 2026

    Sent to the executive

    DELIVERED TO SENATE

    NY Assembly

  3. May 28, 2026

    Passed a chamber

    PASSED ASSEMBLY

    NY Assembly

  4. May 28, 2026

    Referred to committee

    REFERRED TO BANKS

    NY Senate

  5. May 27, 2026

    Referred to committee

    REFERRED TO BANKS

    NY Senate

  6. May 20, 2026

    Reported out of committee

    REPORTED

    NY Assembly

  7. May 20, 2026

    Rules Report CAL.168

    RULES REPORT CAL.168

    NY Assembly

  8. May 18, 2026

    Reported out of committee

    REPORTED REFERRED TO RULES

    NY Assembly

  9. May 15, 2026

    Referred to committee

    REFERRED TO BANKS

    NY Assembly

Read the record