Bill
Bill > S01684
NY S01684
NY S01684Directs the department of financial services to conduct a study on underbanked communities and households in New York state and to make recommendations to improve access to financial services.
summary
Introduced
01/14/2021
01/14/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
06/02/2021
06/02/2021
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to direct the department of financial services to conduct a study on underbanked communities and households in New York state and to make recommendations to improve access to financial services
AI Summary
This bill directs the New York State Department of Financial Services to conduct a study on underbanked communities and households in the state and provide recommendations to improve their access to financial services. The study will analyze the location, demographics, and causes of underbanked communities and households, which are defined as those with insufficient access to banking and investment services. The findings and recommendations of the study must be submitted to the Governor and the Legislature within 12 months of the bill's effective date.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (2)
Last Action
SUBSTITUTED BY A8293 (on 03/03/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S1684 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S01684&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S01684 |
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