Bill Commons

NY S 3962

in committee

Establishes the savings bank, savings and loan association or credit union municipal deposit program

New York · 2025-2026 Regular Session · upper

Quick answers

Did NY S 3962 pass?

Not yet. NY S 3962 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO BANKS

What is NY S 3962 about?

Establishes the savings bank, savings and loan association or credit union municipal deposit program; defines terms; provides that a credit union accepting deposits of public money is subject to certain limitations and shall pledge assets or furnish other security satisfactory in form and amount to the depositor, for the repayment of monies held in the name of such depositor, when required to be secured by applicable law, decree, or regulation.

Who sponsors NY S 3962?

Monica Martinez is the primary sponsor of NY S 3962, joined by 1 cosponsor.

Description

Establishes the savings bank, savings and loan association or credit union municipal deposit program; defines terms; provides that a credit union accepting deposits of public money is subject to certain limitations and shall pledge assets or furnish other security satisfactory in form and amount to the depositor, for the repayment of monies held in the name of such depositor, when required to be secured by applicable law, decree, or regulation.

Introduced
—
Latest action
2026-01-07 — REFERRED TO BANKS
Bill type
bill
Last updated
—

Sponsors

  • Monica Martinezprimary
  • Christopher Ryancosponsor

Committees

Not provided by source.

Action timeline

  1. 2025-01-31

    REFERRED TO BANKS

    referral-committee

  2. 2026-01-07

    REFERRED TO BANKS

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

  • Prior session: S 8915not in this corpus
  • Companion bill: A 3539

Official source

https://legislation.nysenate.gov/api/3/bills/2025-2026/S3962?summary=&detail=

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Session-wide evidence can include changes to other bills:

Bulk imports for this sessionSession dates and activity

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=S 3962. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.