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PUBLIC BANKING ACT
Take action to bring public banking to New York.
Fill out the form below to send an email directly to your state legislators urging them to pass the New York Public Banking Act (S1754/A3352). The bill creates a safe and appropriate regulatory framework for public banking, making it easier for cities and counties to establish public banks.
Public money for public good!
Through public banking, we can divest public money from predatory Wall Street banks and reinvest in permanently affordable housing, small and worker-owned businesses, renewable energy, and other needs in low-income communities and communties of color. Check out the above video to learn more.
Tips:
Be sure to modify and personalize the template email provided in the text box below, including by adding your address to your signature so that your legislator knows that you reside in their district. (To expand the text box, drag the bottom right corner with your cursor.)
Explain why public banking matters to you and what a public bank could do to support you and your community (e.g. invest in affordable housing and renewable energy, support small businesses, expand banking access).
Please forward us any substantive responses you receive so that we can track the progress of our collective advocacy (send to
mike@neweconomynyc.org
).
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Subject
Message
As your constituent, I write to urge you to support the “New York Public Banking Act” (S1754/A3352). I further urge you to speak with leadership of your conference about bringing this urgently-needed bill to the floor for a vote this legislative session. The New York Public Banking Act would create a safe and appropriate regulatory framework for public banking, ushering in democratically-controlled financial institutions that will meet community needs -- like affordable housing and small business development, renewable energy infrastructure, and fair financial services. Thank you for your attention. I look forward to your response.