---
type: "Bill"
title: "Authorizes credit unions to participate in the excelsior linked deposit program"
description: "Authorizes credit unions to participate in the excelsior linked deposit program."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "S 191"
citation: "New York S 191 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["SANDERS"]
version_count: 1
action_count: 13
vote_count: 3
first_action: "2021-01-06"
last_action: "2021-10-24"
source: "openstates"
source_identifier: "ocd-bill/8c117fbb-e240-4cb9-8f60-0a44f86a060e"
source_url: "http://www.nysenate.gov/legislation/bills/2021/S191"
source_hash: "2e569dea1b938249d1a3265615f437b5fb278df7adfc9f472efaf4483a352bc0"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York S 191 (2021-2022) — Authorizes credit unions to participate in the excelsior linked deposit program

Authorizes credit unions to participate in the excelsior linked deposit program.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S191** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S191&term=2021&Text=Y)

## Votes

- Finance Vote — **18–5** (pass) · upper
- Floor Vote — **44–19** (pass) · upper
- Assembly Vote — **141–7** (pass) · lower

## Sponsors

- SANDERS — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-01-06** REFERRED TO FINANCE `referral-committee`
- **2021-04-21** 1ST REPORT CAL.714
- **2021-04-26** 2ND REPORT CAL.
- **2021-04-27** ADVANCED TO THIRD READING
- **2021-06-01** PASSED SENATE `passage`
- **2021-06-01** DELIVERED TO ASSEMBLY
- **2021-06-01** REFERRED TO WAYS AND MEANS `referral-committee`
- **2021-06-03** SUBSTITUTED FOR A5459
- **2021-06-03** ORDERED TO THIRD READING RULES CAL.326
- **2021-06-03** PASSED ASSEMBLY `passage`
- **2021-06-03** RETURNED TO SENATE
- **2021-10-13** DELIVERED TO GOVERNOR `executive-receipt`
- **2021-10-24** SIGNED CHAP.495 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8c117fbb-e240-4cb9-8f60-0a44f86a060e`. Confidence: reported (aggregated from official New York legislature records).