SB 2180: BANKS; LOANS; HOUSING; DIRECTOR OF FINANCE; STATE TREASURY DEPOSITORY

Session Year: 2025-2026
House: Senate

Current Status:

In Progress

(2026-02-05: The committee(s) on HOU recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in HOU were as follows: 5 Aye(s): Senator(s) Chang, Hashimoto, Rhoads, Fevella; Aye(s) with reservations: Senator(s) Elefante ; 0 No(es): none; and 0 Excused: none.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Requires the Director of Finance to consider, before the selection of a depository for the state treasury, the beneficial effects to the State of using depositories within the State, including but not limited to lending at favorable terms for the creation of certain affordable housing units. Effective 7/1/2050.

Discussed in Hearing