---
type: "Bill"
title: "Includes establishing a branch in a banking development district as a factor indicating that a bank is helping to meet the credit needs of its entire community for purposes of assessing such bank; repealer"
description: "Includes establishing a branch in a banking development district as a factor indicating that a banking institution is helping to meet the credit needs of its entire community for purposes of assessing such banking institution."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2025-2026"
identifier: "A 421"
citation: "New York A 421 (2025-2026)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Khaleel Anderson"]
version_count: 1
action_count: 14
vote_count: 2
first_action: "2025-01-08"
last_action: "2025-02-14"
source: "openstates"
source_identifier: "ocd-bill/4924cc3f-6a91-44b7-b1e9-5e240102a7f6"
source_url: "http://www.nysenate.gov/legislation/bills/2025/A421"
source_hash: "a0bee5151e7cea9ea6a5cd706f668fd875c1f46e91ddfa7d7b0d0c6218720315"
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 A 421 (2025-2026) — Includes establishing a branch in a banking development district as a factor indicating that a bank is helping to meet the credit needs of its entire community for purposes of assessing such bank; repealer

Includes establishing a branch in a banking development district as a factor indicating that a banking institution is helping to meet the credit needs of its entire community for purposes of assessing such banking institution.

## Version chain

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

1. **A421** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=A421&term=2025&Text=Y)

## Votes

- Assembly Vote — **143–4** (pass) · lower
- Floor Vote — **46–16** (pass) · upper

## Sponsors

- Khaleel Anderson — primary (person)

## Timeline

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

- **2025-01-08** REFERRED TO BANKS `referral-committee`
- **2025-01-14** REPORTED REFERRED TO RULES `referral-committee`
- **2025-01-14** REPORTED
- **2025-01-14** RULES REPORT CAL.8
- **2025-01-14** ORDERED TO THIRD READING RULES CAL.8
- **2025-01-21** PASSED ASSEMBLY `passage`
- **2025-01-21** DELIVERED TO SENATE
- **2025-01-21** REFERRED TO RULES `referral-committee`
- **2025-02-05** SUBSTITUTED FOR S812
- **2025-02-05** 3RD READING CAL.86
- **2025-02-05** PASSED SENATE `passage`
- **2025-02-05** RETURNED TO ASSEMBLY
- **2025-02-12** DELIVERED TO GOVERNOR `executive-receipt`
- **2025-02-14** SIGNED CHAP.9 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4924cc3f-6a91-44b7-b1e9-5e240102a7f6`. Confidence: reported (aggregated from official New York legislature records).