---
type: "Bill"
title: "Permits the submission of applications for banking development district designations regardless of the date the applicant opened"
description: "Permits the submission of applications for banking development district designations regardless of the date the applicant opened, banks and trust companies need not have opened after December 31, 1996."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2023-2024"
identifier: "S 6970"
citation: "New York S 6970 (2023-2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["James Sanders Jr."]
version_count: 1
action_count: 13
vote_count: 3
first_action: "2023-05-16"
last_action: "2023-10-25"
source: "openstates"
source_identifier: "ocd-bill/b46dae6e-0c8a-4ce6-9ebc-430042305968"
source_url: "http://www.nysenate.gov/legislation/bills/2023/S6970"
source_hash: "fc194b7abc51029eaebb5c96959d1eace2afe292b70d4857fc4bea4a259ff770"
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 6970 (2023-2024) — Permits the submission of applications for banking development district designations regardless of the date the applicant opened

Permits the submission of applications for banking development district designations regardless of the date the applicant opened, banks and trust companies need not have opened after December 31, 1996.

## Version chain

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

1. **S6970** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S6970&term=2023&Text=Y)

## Votes

- Banks Vote — **7–0** (pass) · upper
- Floor Vote — **62–0** (pass) · upper
- Assembly Vote — **141–0** (pass) · lower

## Sponsors

- James Sanders Jr. — primary (person)

## Timeline

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

- **2023-05-16** REFERRED TO BANKS `referral-committee`
- **2023-05-23** 1ST REPORT CAL.1254
- **2023-05-24** 2ND REPORT CAL.
- **2023-05-30** ADVANCED TO THIRD READING
- **2023-06-08** PASSED SENATE `passage`
- **2023-06-08** DELIVERED TO ASSEMBLY
- **2023-06-08** REFERRED TO WAYS AND MEANS `referral-committee`
- **2023-06-21** SUBSTITUTED FOR A7272
- **2023-06-21** ORDERED TO THIRD READING RULES CAL.893
- **2023-06-21** PASSED ASSEMBLY `passage`
- **2023-06-21** RETURNED TO SENATE
- **2023-10-13** DELIVERED TO GOVERNOR `executive-receipt`
- **2023-10-25** SIGNED CHAP.600 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b46dae6e-0c8a-4ce6-9ebc-430042305968`. Confidence: reported (aggregated from official New York legislature records).