Establishes a temporary state commission to study the feasibility of a state public bank in New York.

The bill establishes a temporary state commission, the New York state public bank commission, to hire a consultant to study the feasibility of a state public bank. The study will cover various aspects, including governance structures, cost savings, economic impacts, and social benefits. If the study finds the bank feasible, the commission may recommend legislation for the state public bank's creation. The commission consists of thirteen members appointed by the governor, the temporary president of the senate, the speaker of the assembly, and the state comptroller.

Establishes a temporary state commission to study the feasibility of a state public bank in New York.

The bill establishes a temporary state commission, the New York state public bank commission, to hire a consultant to study the feasibility of a state public bank. The study will cover various aspects, including governance structures, cost savings, economic impacts, and social benefits. If the study finds the bank feasible, the commission may recommend legislation for the state public bank's creation. The commission consists of thirteen members appointed by the governor, the temporary president of the senate, the speaker of the assembly, and the state comptroller.