S 8406

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: February 5, 2026.

Relates to the community bank deposit program.

Bill ID NY-2025-2026-S-8406

Session 2025-2026

Status in_committee

Committee Banks

Senate in_committee 2026-02-05

Summary

Relates to the community bank deposit program; increases the maximum amount of funds on deposit at a community banking institution to thirty million dollars.

Sponsor

James Sanders Jr.

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
2025-06-09	Introduced	Bill introduced
2026-02-05	Status	in_committee
2026-02-05	Latest Action	In Assembly Committee

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