Requires 10% of the penalties imposed by the superintendent of financial services to be deposited in the community development financial institution fund

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 5 Sponsors

Requires 10% of the penalties imposed by the superintendent of financial services to be deposited in the community development financial institution fund.

Chamber: Senate
Introduced: Jan 16, 2025
Last action: Feb 26, 2026 — REPORTED AND COMMITTED TO FINANCE
Session: 2025-2026
Momentum: 30 · Low

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 5%, measured from NY's completed sessions
Momentum -4 30/100 from the pace of recorded action
Time since last action -22 234 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.