# New York S 8357: Relates to a deposit placement program for the Banking Development District Program

New York S 8357, Relates to a deposit placement program for the Banking Development District Program, is a 2025-2026 Regular Session Senate bill sponsored by James Sanders Jr. (Democratic); status passed house, last action 2026-06-02 (RETURNED TO SENATE) (as of 2026-10-15).

- Canonical: https://policyrisk.com/state-bill/NY-S8357-2025
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New York S 8357
- State: New York
- Session: 2025-2026 Regular Session
- Title: Relates to a deposit placement program for the Banking Development District Program
- Status: passed house
- Chamber: Senate
- Introduced: 2025-06-04
- Last action: 2026-06-02, RETURNED TO SENATE
- Sponsor: James Sanders Jr. (Democratic)
- Cosponsors: 0
- Subjects: RULES, BANKS, FINANCE
- Touches household money: no
- Roll calls: 5 (301 yes, 2 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: James Sanders Jr. (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-06-02 | House | Assembly floor vote | pass | 139 | 0 |   |
| 2026-03-25 | Senate | FLOOR Vote | pass | 58 | 1 |   |
| 2026-03-05 | committee | Finance Committee Vote | pass | 22 | 0 |   |
| 2025-06-09 | committee | Rules Committee Vote | pass | 21 | 0 |   |
| 2025-06-09 | Senate | FLOOR Vote | pass | 61 | 1 |   |

## Actions (18)

- 2026-06-02: RETURNED TO SENATE (House)
- 2026-06-02: PASSED ASSEMBLY (House)
- 2026-06-02: ORDERED TO THIRD READING RULES CAL.354 (House)
- 2026-06-02: SUBSTITUTED FOR A9574 (House)
- 2026-03-25: REFERRED TO BANKS (House)
- 2026-03-25: DELIVERED TO ASSEMBLY (Senate)
- 2026-03-25: PASSED SENATE (Senate)
- 2026-03-10: ADVANCED TO THIRD READING (Senate)
- 2026-03-09: 2ND REPORT CAL. (Senate)
- 2026-03-05: 1ST REPORT CAL.470 (Senate)
- 2026-01-07: REFERRED TO FINANCE (Senate)
- 2026-01-07: RETURNED TO SENATE (House)
- 2026-01-07: DIED IN ASSEMBLY (House)
- 2025-06-09: REFERRED TO BANKS (House)
- 2025-06-09: DELIVERED TO ASSEMBLY (Senate)
- 2025-06-09: PASSED SENATE (Senate)
- 2025-06-09: ORDERED TO THIRD READING CAL.1666 (Senate)
- 2025-06-04: REFERRED TO RULES (Senate)

## Bill text

- Original, 2025-06-04: [PDF](https://legislation.nysenate.gov/pdf/bills/2025/S8357)

## Related bills

- S 9051: Prohibits artificial intelligence companions from using features which are considered unsafe for minors (signed)
- S 10643: Relates to labor peace agreements and the cannabis industry wage board; repealer (signed)
- A 5175: Requires certain security features and warning labels on baby monitors (signed)
- A 10052: Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community… (signed)
- S 9968: Establishes the Harris Hill Volunteer Fire Company Benevolent Association (signed)
- S 8953: Establishes the Clarence Center Volunteer Exempt Firefighter's Benevolent Association (signed)

## Sources
- [Original (PDF)](https://legislation.nysenate.gov/pdf/bills/2025/S8357)

## Related
- [S 9051: Prohibits artificial intelligence companions from using features which are cons…](https://policyrisk.com/state-bill/NY-S9051-2025)
- [S 10643: Relates to labor peace agreements and the cannabis industry wage board; repealer](https://policyrisk.com/state-bill/NY-S10643-2025)
- [A 5175: Requires certain security features and warning labels on baby monitors](https://policyrisk.com/state-bill/NY-A5175-2025)
- [A 10052: Extends the effectiveness of the authority of the town of Red Hook to impose re…](https://policyrisk.com/state-bill/NY-A10052-2025)
- [S 9968: Establishes the Harris Hill Volunteer Fire Company Benevolent Association](https://policyrisk.com/state-bill/NY-S9968-2025)
- [S 8953: Establishes the Clarence Center Volunteer Exempt Firefighter's Benevolent Assoc…](https://policyrisk.com/state-bill/NY-S8953-2025)
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Source: PRIA, https://policyrisk.com/state-bill/NY-S8357-2025 (as of 2026-10-15).