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A9064Assembly2009-2010 Session

Changes the name of the banking department to the department of banking and financial services

Sponsor Michael BenjaminAD-79+6 co-sponsorsAffects Finance
Status
In Assembly Committee
Banks
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Banks

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History

  1. Referred to banks
  2. Referred to banks

Full text

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Sponsor's memo

BILL NUMBER:A9064

Purpose or general idea of bill

To change the New York State Banking Department name to the New York State Department of Banking and Financial Services.

Summary of specific provisions

The banking law, the executive law, the public officers law, the state finance law, the tax law, the economic development law, the public authorities law, the general municipal law, the education law, the social services law, the general business law, the state administrative procedure act, the abandoned property law, the general construction law, the private housing finance law, the real property actions and proceedings law, the real property law, the real property tax law, the Defense Emergency Act of 1951, the Urban Development Corporation Act, the labor law, the retirement and social security law, the estates, powers and trusts law, the insurance law, the limited liability company law, the not-for-profit corporation law, the partnership law, the personal property law, the business corporation law, the penal law, the criminal procedure law, the surrogate's court procedure act and the civil practice law and rules are amended to reflect the name change.

Justification

This legislation would change the name of the New York State Banking Department to the New York State Department of Banking and Financial Services to more accurately reflect the duties and responsibilities of the department.

Prior legislative history

New Bill

Fiscal implications

Undetermined

Effective date

This act shall take effect immediately,

law, the insurance law, the limited liability company law, the not-for-profit corporation law, the partnership law, the personal property law, the business corporation law, the penal law, the criminal procedure law, the surrogate's court procedure act and the civil practice law and rules are amended to reflect the name change.

Justification

This legislation would change the name of the New York State Banking Department to the New York State Department of Banking and Financial Services to more accurately reflect the duties and responsibilities of the department.

Prior legislative history

New Bill

Fiscal implications

Undetermined

Effective date

This act shall take effect immediately,

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.