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S1748

An act to amend the Banking Law — 2024-03-28 · Calendar #123

NYS Legislature ↗ · OpenLeg API ↗
The Senate passed legislation amending the Banking Law on a 44-15 vote, with 15 Republicans voting against the measure. Sponsor Sen. Sanders defended the bill against questions about whether federal Consumer Financial Protection Bureau regulations already address the same issues. Sanders argued that state law is necessary because judges look to statutory law rather than regulations, and the state Department of Financial Services requires legislative authority to enforce banking protections. Sen. Weber questioned the need for state action given existing federal oversight. The bill, which takes effect 90 days after becoming law, was moved to the noncontroversial calendar before the roll call vote.
Passed Senate Ayes: 44 · Nays: 15

Debate Summary

Sen. Weber questioned whether federal Consumer Financial Protection Bureau regulations already cover the bill's provisions, suggesting state action may be redundant. Sen. Sanders responded that while federal regulations exist, state laws are necessary because judges look to laws rather than regulations, and the Department of Financial Services needs state law authority to enforce banking protections effectively.

Transcript Mentions

These votes were extracted from the floor transcript by AI. NYS Senate roll calls are read in full, but AI extraction may not capture every senator — so this list is incomplete and skews toward named dissenting votes. Use the Official API Data table above for the complete roll call.

Senator Vote Party
Ashby nay Republican
Gallivan nay Republican
Griffo nay Republican
Martins nay Republican
Mattera nay Republican
Murray nay Republican
O'Mara nay Republican
Oberacker nay Republican
Ortt nay Republican
Palumbo nay Republican
Rhoads nay Republican
Stec nay Republican
Tedisco nay Republican
Weber nay Republican
Weik nay Republican

An act to amend the Banking Law — 2023-03-21 · Calendar #421

NYS Legislature ↗ · OpenLeg API ↗
The New York State Senate passed S1748, a bill to amend the Banking Law, on a 46-16 vote. Sponsored by Sen. Sanders, the measure was approved without recorded debate. The bill includes a 90-day effective date upon becoming law. Sixteen senators voted in opposition: Borrello, Gallivan, Griffo, Helming, Mattera, Murray, Oberacker, O'Mara, Ortt, Palumbo, Rolison, Stec, Tedisco, Walczyk, Weber, and Weik.
Passed Senate Ayes: 46 · Nays: 16

Debate Summary

No substantive debate is recorded in this transcript segment. The bill proceeded directly to a roll call vote following the reading of the final section.

Transcript Mentions

These votes were extracted from the floor transcript by AI. NYS Senate roll calls are read in full, but AI extraction may not capture every senator — so this list is incomplete and skews toward named dissenting votes. Use the Official API Data table above for the complete roll call.

Senator Vote Party
Borrello nay Republican
Gallivan nay Republican
Griffo nay Republican
Helming nay Republican
Mattera nay Republican
Murray nay Republican
O'Mara nay Republican
Oberacker nay Republican
Ortt nay Republican
Palumbo nay Republican
Rolison nay Republican
Stec nay Republican
Tedisco nay Republican
Walczyk nay Republican
Weber nay Republican
Weik nay Republican