State & Federal Legislative Developments

State Issues

• State Budget developments continue in Albany, as the final State Budget is due April 1. The Assembly has released their Economic and Revenue Report, with the Senate’s Economic & Revenue Report expected shortly. One house budget bills are expected to be introduced in mid-March. 

Federal Issues 

• Following the New York State Department of Financial Services Climate Change webinar event offered to community and regional banks on February 18, 2021 entitled “The Fundamentals of Financial Risks from Climate Change,” the Department has now made the recording of the event along with the slides used for the presentation available to all. These materials are available on the DFS Climate Change webpage under “Resources.”