Senate BillIntroduced
S 6790: Requires the superintendent of financial services to examine the Green Bank at least once every calendar year; requires that a copy of such examination shall be furnished to NYSERDA, the state comptroller, the senate and the assembly.
What S 6790 does, verified February 25, 2026
The bill requires the Green Bank, a division of the New York State Energy Research and Development Authority, to undergo an annual examination by the Superintendent of Financial Services. The examination will assess the bank's net worth, management and operating policies, and the rate of return on its loans and investments. The examination will not consider the Green Bank as a banking organization, but will apply the same standards as applicable to loans and investments by financial institutions. The authority will pay for the examination, and copies of the report will be provided to the New York State Energy Research and Development Authority, the Comptroller, and the chairs and ranking minority members of the relevant committees.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO ENERGY AND TELECOMMUNICATIONS (2026-01-07)Alert me
Quick answers about S 6790
- What is the current status of S 6790?
- As of February 25, 2026, S 6790 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO ENERGY AND TELECOMMUNICATIONS".
- Did S 6790 pass?
- Not yet. S 6790 has been introduced and has not passed either house.
- Who wrote S 6790, and where is it now?
- S 6790 was authored by Sen. Joseph Griffo with 2 coauthors. Its committee of record is Senate Energy & Telecommunications.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | REFERRED TO ENERGY AND TELECOMMUNICATIONS |
| Mar. 24, 2025 | REFERRED TO ENERGY AND TELECOMMUNICATIONS |
Latest bill textIntroduced version, March 24, 2025 · 309 words
STATE OF NEW YORK ________________________________________________________________________ 6790 2025-2026 Regular Sessions IN SENATE March 24, 2025 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the public authorities law, in relation to the examina- tion of the Green Bank The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public authorities law is amended by adding a new 2 section 1859-a to read as follows: 3 § 1859-a. Examination. At least once in each calendar year, the Green 4 Bank, a division of the New York state energy research and development 5 authority, shall be examined by the superintendent of financial services 6 for the purposes of determining such entity's net worth, the soundness 7 of its management and operating policies and the rate of return on its 8 loans and investments, and any losses on such loans and investments. The 9 Green Bank shall not be deemed to be a banking organization; provided, 10 however, that the Green Bank shall be examined applying the same stand- 11 ards as applicable to loans and investments by financial institutions. 12 The authority shall pay the cost of such examination. Copies of each 13 examination report, including the findings, conclusions and recommenda- 14 tions of the examiners, shall be furnished to the New York state energy 15 research and development authority and to the comptroller and the 16 respective chairs and ranking minority members of the senate finance 17 committee and the assembly ways and means committee. 18 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09904-01-5
Text of S 6790 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions