New York A 5167: Creates a banking development district working group

Status: REPORTED REFERRED TO RULES (as of 2026-05-12)

State: New York · Session: 2025-2026 · Bill: A 5167

Sponsors: Khaleel Anderson, Latrice Walker, Rebecca Kassay

Bill Text

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A05167 Summary:

BILL NOA05167 

&nbsp

SAME ASSAME AS S02027

&nbsp

SPONSORAnderson

&nbsp

COSPNSRWalker, Kassay

&nbsp

MLTSPNSR

&nbsp

Add §96-dd, amd §96-d, Bank L

&nbsp

Creates a banking development district working group to assess the banking development district program and provide an annual report to the governor and legislature on the strengths and weaknesses of such program; defines unbanked and underbanked.

Go to top A05167 Actions:

BILL NOA05167 

&nbsp

02/12/2025referred to banks

04/30/2025reported referred to ways and means

05/27/2025reported referred to rules

01/07/2026referred to ways and means

05/12/2026reported referred to rules

Go to topA05167 Committee&nbspVotes:

Committee:BANKS Chair:Vanel 
DATE:04/30/2025AYE/NAY:20/8 Action: Favorable refer to committee Ways and Means VanelAyeBolognaNay

WeprinAyeMikulinNay

TaylorAyeSmullenNay

SternAyeFitzpatrickNay

SayeghAyeLemondesNay

BurkeAyeDiPietroExcused

AndersonAyeChangNay

MitaynesAyeChludzinskiNay

SeptimoAyeMolitorNay

TapiaAye

De Los SantosAye

CunninghamAye

LeeAye

RagaAye

BurdickAye

DaisAye

JacksonAye

TorresExcused

HooksExcused

WiederAye

WrightAye

YegerAye

Committee:WAYS AND MEANS Chair:Pretlow 
DATE:05/27/2025AYE/NAY:22/10 Action: Favorable refer to committee Rules PretlowAyeRaNay

GlickAyeFitzpatrickNay

ColtonAyeHawleyNay

CookAyeBlankenbushNay

BenedettoAyePalmesanoNay

WeprinAyeWalshNay

RamosAyeDeStefanoNay

BraunsteinAyeManktelowNay

McDonaldAyeSmullenNay

RozicAyeGiglioNay

DinowitzAye

MagnarelliAye

BronsonAye

DilanAbsent

SeawrightAye

HyndmanExcused

WalkerExcused

Bichotte HermelAye

SimonAye

CruzAye

OtisAye

SolagesAye

HunterAye

EpsteinAye

SeptimoAye

Committee:WAYS AND MEANS Chair:Pretlow 
DATE:05/12/2026AYE/NAY:22/9 Action: Favorable refer to committee Rules PretlowAyePalmesanoNay

GlickAyeFitzpatrickExcused

ColtonAyeHawleyNay

CookExcusedBlankenbushNay

BenedettoAyeWalshNay

WeprinAyeDeStefanoNay

RamosExcusedManktelowNay

BraunsteinAyeSmullenNay

McDonaldAyeGiglioNay

RozicAyeSlaterNay

DinowitzAye

MagnarelliAye

BronsonAye

DilanExcused

SeawrightAye

HyndmanAye

WalkerAye

Bichotte HermelAye

SimonAye

CruzAye

OtisAye

SolagesAye

HunterAye

SeptimoAye

HevesiAye

Go to topA05167 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA05167 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5167

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 12, 2025
 ___________

 Introduced by M. of A. ANDERSON -- read once and referred to the Commit-
 tee on Banks

 AN ACT to amend the banking law, in relation to creating a banking
 development district working group; and providing for the repeal of
 such provisions upon expiration thereof

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The banking law is amended by adding a new section 96-dd to
 2 read as follows:
 3 § 96-dd. Banking development district working group. 1. A banking
 4 development district working group is hereby established to assess and
 5 provide recommendations and future goals for the banking development
 6 district program created under section ninety-six-d of this article.
 7 The superintendent shall impose an assessment on bank branches located
 8 within banking development districts to cover all costs associated with
 9 this work group.
 10 2. The banking district working group shall include the following
 11 individuals or their representatives, the superintendent, the state
 12 comptroller, the New York city comptroller, the commissioner of the New
 13 York city department of finance, the commissioner of empire state devel-
 14 opment, the chair of the senate banks committee, the chair of the senate
 15 commerce, economic development and small business committee, the chair
 16 of the assembly banks committee and the chair of the banking in under-
 17 served communities subcommittee.
 18 3. No later than one year after the effective date of this section,
 19 the working group shall provide an assessment of the current state of
 20 the banking development district program to the governor and the legis-
 21 lature, including, but not limited to the following information:
 22 a. the number of participating ban

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