NY A09561 | 2023-2024 | General Assembly

Status

Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Introduced on March 20 2024 - 25% progression
Action: 2024-03-20 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Enacts the "the empire state enhanced public payment system act" directing the department of financial services to develop, establish, and maintain a value storage and payment platform consisting of a digital master account and coordinate a system of individual wallets that enable payments to move between such individual wallets or payment accounts for use of New York residents.

Tracking Information

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Title

Enacts the "the empire state enhanced public payment system act" directing the department of financial services to develop, establish, and maintain a value storage and payment platform consisting of a digital master account and coordinate a system of individual wallets that enable payments to move between such individual wallets or payment accounts for use of New York residents.

Sponsors


History

DateChamberAction
2024-03-20Assemblyreferred to banks

New York State Sources


Bill Comments

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