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S01708Introduced in the Senate

Establishes the bank of Rochester, including provisions related to definitions; sponsors and corporate structure; powers and restrictions; governance; charter requirements; financial and operations frameworks; transparency and financial reporting; insurance; deposits; policy mandates; ethics and financial disclosure; inconsistency with other laws; and owners not to be considered bank holding companies.

IntroducedSenate Banks

Introduced by Samra Brouk, District 55

What does this bill do?

Plain-English breakdown

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Official description

Establishes the bank of Rochester, including provisions related to definitions; sponsors and corporate structure; powers and restrictions; governance; charter requirements; financial and operations frameworks; transparency and financial reporting; insurance; deposits; policy mandates; ethics and financial disclosure; inconsistency with other laws; and owners not to be considered bank holding companies.

Where it stands

REFERRED TO BANKS

January 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. REFERRED TO BANKS

  2. AMEND AND RECOMMIT TO BANKS

  3. PRINT NUMBER 1708A

  4. REFERRED TO BANKS

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