Vote: Floor vote
NY SenateMay 11, 2026Result: passed
(59) (1) (0) (3)
Senate bill · S8199 (2025-26)
Directs the department of financial services to conduct a study on the banking development district program and to make recommendations to improve such program
Latest action May 29, 2026
New York State Senate
Same as A8705, the matching bill in the Assembly.
Summary
Directs the department of financial services to conduct a study on the banking development district program and to make recommendations to improve such program.
Summary from NY Open Legislation. How we handle summaries
From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 22, 2026. About our data
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Purpose, from the sponsor's memo
direct the department of financial services to conduct a study on the banking development district program and to make recommendations to improve such program
Filed with the bill. Read it on nysenate.gov (opens in a new tab)
Where it stands
Passed one of the two chambers; it still needs the other.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Banks · New York State Assembly
Also referred to Banks · New York State Senate, Ways and Means · New York State Assembly.
The sponsor's argument
Why James Sanders Jr. says this is needed
To improve the BDD Program in DFS.
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 · Banks
Senate BanksApr 28, 2026Result: passed
(7) (0) (0) (0)Vote: Floor vote
NY SenateJun 5, 2025Result: passed
(59) (1) (0) (3)Vote: Committee vote · Banks
Senate BanksMay 27, 2025Result: passed
(6) (0) (0) (1)
Full history
- May 29, 2026
Ordered to Third Reading Rules CAL.268
ORDERED TO THIRD READING RULES CAL.268
NY Assembly
- May 29, 2026
Reported out of committee
REPORTED REFERRED TO RULES
NY Assembly
- May 29, 2026
Substituted
SUBSTITUTED FOR A8705
NY Assembly
- May 11, 2026
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
- May 11, 2026
Passed a chamber
PASSED SENATE
NY Senate
Show full history (16 earlier events)Show less history
- May 11, 2026
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
- May 4, 2026
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
- Apr 29, 2026
2ND Report CAL.
2ND REPORT CAL.
NY Senate
- Apr 28, 2026
1ST Report CAL.856
1ST REPORT CAL.856
NY Senate
- Jan 7, 2026
Died in Assembly
DIED IN ASSEMBLY
NY Assembly
- Jan 7, 2026
Referred to committee
REFERRED TO BANKS
NY Senate
- Jan 7, 2026
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
- Jun 5, 2025
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
- Jun 5, 2025
Passed a chamber
PASSED SENATE
NY Senate
- Jun 5, 2025
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
- Jun 4, 2025
Reported out of committee
REPORTED REFERRED TO WAYS AND MEANS
NY Assembly
- May 30, 2025
Referred to committee
REFERRED TO BANKS
NY Assembly
- May 29, 2025
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
- May 28, 2025
2ND Report CAL.
2ND REPORT CAL.
NY Senate
- May 27, 2025
1ST Report CAL.1289
1ST REPORT CAL.1289
NY Senate
- May 20, 2025
Referred to committee
REFERRED TO BANKS
NY Senate