S1996 — Establishes a temporary state commission to conduct a feasibility study on the formation and control of a state public bank
Last action — In Assembly Committee
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1Introduced
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2In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced January 14, 2025. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Introduced
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 4 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill creates a commission to study the possibility of a state public bank in New York.
This bill establishes a temporary commission to evaluate the feasibility of forming a state public bank. If deemed feasible, the commission may recommend legislation to establish the bank.
Summary
Establishes a temporary state commission to conduct a feasibility study to evaluate and make recommendations concerning the formation and control of a state public bank; provides if such study finds that the state bank is feasible, the commission may recommend legislation to create a state public bank for New York.
Bill Text
- Full text View text Current
Action History
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REFERRED TO BANKS
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DELIVERED TO ASSEMBLY
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PASSED SENATE
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ADVANCED TO THIRD READING
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2ND REPORT CAL.
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1ST REPORT CAL.1044
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REFERRED TO FINANCE
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RETURNED TO SENATE
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DIED IN ASSEMBLY
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REFERRED TO BANKS
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DELIVERED TO ASSEMBLY
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PASSED SENATE
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ADVANCED TO THIRD READING
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2ND REPORT CAL.
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1ST REPORT CAL.1346
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REFERRED TO FINANCE
Sponsors
- James Sanders Jr. · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 218 not signed on · 22 voted No
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (218)
218 members have not signed on to this bill.
Show all 218 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 38 | 22 | 0 | 3 |
| Total | 38 | 22 | 0 | 3 |
| % of votes cast | 60% | 35% | 0% | 5% |
How each member voted (63)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 14 | 6 | 0 | 2 |
| Total | 14 | 6 | 0 | 2 |
| % of votes cast | 64% | 27% | 0% | 9% |
How each member voted (22)
| Member | Party | Vote |
|---|---|---|
| Andrew Gounardes | — | Yea |
| George Borrello | — | Nay |
| Gustavo Rivera | — | Yea |
| Jamaal Bailey | — | Yea |
| James Skoufis | — | Yea |
| Jeremy Cooney | — | Yea |
| Jessica Ramos | — | Yea |
| John Liu | — | Yea |
| Joseph A. Griffo | — | Nay |
| Julia Salazar | — | Yea |
| Kevin S. Parker | — | Yea |
| Leroy Comrie | — | Yea |
| Liz Krueger | — | Not Voting |
| Luis R. Sepúlveda | — | Yea |
| Michelle Hinchey | — | Yea |
| Pamela Helming | — | Nay |
| Patrick M. Gallivan | — | Nay |
| Peter Oberacker | — | Not Voting |
| Shelley Mayer | — | Yea |
| Thomas F. O'Mara | — | Nay |
| Toby Ann Stavisky | — | Yea |
| William Weber | — | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 38 | 21 | 0 | 4 |
| Total | 38 | 21 | 0 | 4 |
| % of votes cast | 60% | 33% | 0% | 6% |
How each member voted (63)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 15 | 7 | 0 | 0 |
| Total | 15 | 7 | 0 | 0 |
| % of votes cast | 68% | 32% | 0% | 0% |
How each member voted (22)
| Member | Party | Vote |
|---|---|---|
| Andrew Gounardes | — | Yea |
| George Borrello | — | Nay |
| Gustavo Rivera | — | Yea |
| Jamaal Bailey | — | Yea |
| James Skoufis | — | Yea |
| Jeremy Cooney | — | Yea |
| Jessica Ramos | — | Yea |
| John Liu | — | Yea |
| Joseph A. Griffo | — | Nay |
| Julia Salazar | — | Yea |
| Kevin S. Parker | — | Yea |
| Leroy Comrie | — | Yea |
| Liz Krueger | — | Yea |
| Luis R. Sepúlveda | — | Yea |
| Michelle Hinchey | — | Yea |
| Pamela Helming | — | Nay |
| Patrick M. Gallivan | — | Nay |
| Peter Oberacker | — | Nay |
| Shelley Mayer | — | Yea |
| Thomas F. O'Mara | — | Nay |
| Toby Ann Stavisky | — | Yea |
| William Weber | — | Nay |
Subjects
Frequently asked questions
- What does S1996 do?
- Establishes a temporary state commission to conduct a feasibility study to evaluate and make recommendations concerning the formation and control of a state public bank; provides if such study finds that the state bank is feasible, the commission may recommend legislation to create a state public bank for New York.
- Who sponsors S1996?
- S1996 is sponsored by James Sanders Jr..
- What is the current status of S1996?
- This bill has been introduced in the Senate. Introduced January 14, 2025. It must pass committee before a floor vote.
- Where can I track S1996?
- Track S1996 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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