| NY | A08409 | Intro
25% | Extends the effectiveness of provisions of law relating to permissible fees in connection with open end loans from June 30, 2025 until June 30, 2027.
[Detail][Text][Discuss] | 2025-05-14
To Assembly Banks Committee |
| NY | A08319 | Intro
25% | Provides that charges imposed by certain state chartered banking institutions in connection with a check or other written order drawn on insufficient funds shall not exceed the greater of five dollars or the pro rata share of such state chartered ban...
[Detail][Text][Discuss] | 2025-05-13
To Assembly Banks Committee |
| NY | A08016 | Intro
25% | Provides for securities fraud whistleblower incentives and protections; defines terms; grants whistleblower awards for one or more whistleblowers who voluntarily provide original information to the attorney general that was the basis for a successful...
[Detail][Text][Discuss] | 2025-04-22
To Assembly Banks Committee |
| NY | A06409 | Intro
25% | Establishes the bank of Rochester, including provisions related to definitions; sponsors and corporate structure; powers and restrictions; governance; charter requirements; financial and operations frameworks; transparency and financial reporting; in...
[Detail][Text][Discuss] | 2025-04-17
To Assembly Banks Committee |
| NY | A07696 | Intro
25% | Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.
[Detail][Text][Discuss] | 2025-04-08
To Assembly Banks Committee |
| NY | A00258 | Intro
25% | Provides for the licensing and regulation of income access services in the state.
[Detail][Text][Discuss] | 2025-04-07
To Assembly Banks Committee |
| NY | A07688 | Intro
25% | Establishes the "climate safe and responsible bank procurement act", which creates standards for the purchasing of bank services.
[Detail][Text][Discuss] | 2025-04-04
To Assembly Banks Committee |
| NY | A07502 | Intro
25% | Prohibits banks from holding for deposit the funds from checks issued by the state.
[Detail][Text][Discuss] | 2025-03-28
To Assembly Banks Committee |
| NY | A07306 | Intro
25% | Establishes a temporary state commission to conduct a feasibility study to evaluate and make recommendations concerning the formation and control of a state public bank; provides if such study finds that the state bank is feasible, the commission may...
[Detail][Text][Discuss] | 2025-03-25
To Assembly Banks Committee |
| NY | S00070 | Engross
50% | Provides that any person who has been injured by reason of any violation of any such rules, regulations or policies as the superintendent may promulgate may bring an action in such person's own name; assert a counterclaim; or, if an action is commenc...
[Detail][Text][Discuss] | 2025-03-24
To Assembly Banks Committee |
| NY | A07133 | Intro
25% | Establishes the state financial literacy fund which provides funding for project grants to organizations in order to establish financial capability and financial literacy programs, products content and/or services for at-risk populations in New York.
[Detail][Text][Discuss] | 2025-03-20
To Assembly Banks Committee |
| NY | S01673 | Engross
50% | Directs the development of materials to be provided to new employees relating to student loan repayment information.
[Detail][Text][Discuss] | 2025-03-20
To Assembly Banks Committee |
| NY | A07019 | Intro
25% | Establishes protections for adults sixty years of age or older, or at least the age of eighteen and who, because of mental or physical impairments, are unable to manage their own resources or protect themselves from financial exploitation without ass...
[Detail][Text][Discuss] | 2025-03-18
To Assembly Banks Committee |
| NY | A07020 | Intro
25% | Fixes the maximum interest rate for credit cards issued or used in this state at 10%.
[Detail][Text][Discuss] | 2025-03-18
To Assembly Banks Committee |
| NY | A06870 | Intro
25% | Extends the effectiveness of provisions relating to limiting the check cashing exemption for national banks and other regulated entities to August 1, 2027.
[Detail][Text][Discuss] | 2025-03-14
To Assembly Banks Committee |
| NY | A06753 | Intro
25% | Requires financial institutions to send a written notification of overdraft fees charged to account holders every 180 days.
[Detail][Text][Discuss] | 2025-03-11
To Assembly Banks Committee |
| NY | A06757 | Intro
25% | Provides for the regulation of buy-now-pay-later lenders; requires such lenders to be licensed; establishes prohibited acts, limitations on loans, and consumer protections.
[Detail][Text][Discuss] | 2025-03-11
To Assembly Banks Committee |
| NY | S02040 | Engross
50% | Requires transmitters of money to provide a warning which informs consumers of certain fraudulent activities that may occur.
[Detail][Text][Discuss] | 2025-03-10
To Assembly Banks Committee |
| NY | A06668 | Intro
25% | Expands consumer protections for usury and interest to small businesses.
[Detail][Text][Discuss] | 2025-03-07
To Assembly Banks Committee |
| NY | A06662 | Intro
25% | Enacts the pro-banking act to mandate acceptance of the New York city identity card as a primary form of identification at all covered entities, including all banking organizations, foreign banking corporations, and interstate branches.
[Detail][Text][Discuss] | 2025-03-07
To Assembly Banks Committee |
| NY | A06268 | Intro
25% | Establishes the "New York public banking act"; authorizes municipal and other local governments to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public cre...
[Detail][Text][Discuss] | 2025-03-03
To Assembly Banks Committee |
| NY | A06308 | Intro
25% | Establishes a temporary state commission to conduct a feasibility study to evaluate and make recommendations concerning the formation and control of a state public bank; provides if such study finds that the state bank is feasible, the commission may...
[Detail][Text][Discuss] | 2025-03-03
To Assembly Banks Committee |
| NY | A06266 | Intro
25% | Establishes requirements for the creation and operation of limited purpose trust companies; establishes how to apply to operate as a limited purpose trust company.
[Detail][Text][Discuss] | 2025-02-28
To Assembly Banks Committee |
| NY | A00639 | Intro
25% | Directs the development of materials to be provided to new employees relating to student loan repayment information.
[Detail][Text][Discuss] | 2025-02-26
To Assembly Banks Committee |
| NY | S01991 | Engross
50% | Relates to including information concerning repayment of outstanding loans in the standard financial aid award letter.
[Detail][Text][Discuss] | 2025-02-24
To Assembly Banks Committee |
| NY | S02027 | Engross
50% | Creates a banking development district working group to assess the banking development district program and provide an annual report to the governor and legislature on the strengths and weaknesses of such program; defines unbanked and underbanked.
[Detail][Text][Discuss] | 2025-02-24
To Assembly Banks Committee |
| NY | A05537 | Intro
25% | Relates to licensing consumer debt collectors; sets minimum standards and regulations; establishes penalties for violations.
[Detail][Text][Discuss] | 2025-02-14
To Assembly Banks Committee |
| NY | A05345 | Intro
25% | Enacts the uniform special deposits act to provide for special deposits in the state of New York in a manner uniform to other jurisdictions.
[Detail][Text][Discuss] | 2025-02-13
To Assembly Banks Committee |
| NY | A05031 | Intro
25% | Establishes standards for the closure of bank accounts in the state of New York to include providing notice of closure and the return of funds to account owners.
[Detail][Text][Discuss] | 2025-02-11
To Assembly Banks Committee |
| NY | A04889 | Intro
25% | Regulates commercial finance licensing; sets forth the application process for such licensing; makes conforming technical changes thereto.
[Detail][Text][Discuss] | 2025-02-10
To Assembly Banks Committee |
| NY | A05014 | Intro
25% | Enacts the "Home Equity Fraud Act" to control improper activities by home improvement contractors and finance companies; prohibits mortgage brokers or agents from acting as home improvement contractors; provides additional protections for mortgagors ...
[Detail][Text][Discuss] | 2025-02-10
To Assembly Banks Committee |
| NY | A04918 | Intro
25% | Provides interest rate limitations for financing arrangements and the extension of consumer credit; relates to the definitions of criminal usury in the first and second degrees; relates to the functions of the attorney general regarding rental purcha...
[Detail][Text][Discuss] | 2025-02-10
To Assembly Banks Committee |
| NY | A04806 | Intro
25% | Relates to the reporting of suspected financial exploitation; requires the superintendent of the department of financial services to develop guidelines relating to reporting suspected financial exploitation; provides that a third party who reports su...
[Detail][Text][Discuss] | 2025-02-06
To Assembly Banks Committee |
| NY | A04829 | Intro
25% | Relates to penalties for violations of article fifteen of the executive law committed by mortgage bankers and mortgage brokers; includes such violations as grounds for suspension or revocation of license or registration.
[Detail][Text][Discuss] | 2025-02-06
To Assembly Banks Committee |
| NY | A04811 | Intro
25% | Establishes a credit union deposit program for the state to deposit a portion of funds under its control into credit unions.
[Detail][Text][Discuss] | 2025-02-06
To Assembly Banks Committee |
| NY | A04818 | Intro
25% | Allows credit unions, savings banks, savings and loan associations and federal savings associations to accept and secure deposits from municipal corporations.
[Detail][Text][Discuss] | 2025-02-06
To Assembly Banks Committee |
| NY | A04582 | Intro
25% | Prohibits a state chartered banking institution from providing financing to a landlord who has engaged in certain bad faith acts.
[Detail][Text][Discuss] | 2025-02-04
To Assembly Banks Committee |
| NY | S03190 | Engross
50% | Expands eligibility for the low interest rate program of the state of New York mortgage agency to certain graduates of post secondary programs or comparable apprenticeship and workforce training programs for the purchase of certain property.
[Detail][Text][Discuss] | 2025-02-04
To Assembly Banks Committee |
| NY | A04086 | Intro
25% | Enacts the "Excelsior Opportunity Accounts Act"; establishes a special fund for EO accounts within the department of financial services for certain eligible individuals born after December 31, 2027, who reside in the state, are under age 18, with hou...
[Detail][Text][Discuss] | 2025-01-31
To Assembly Banks Committee |
| NY | A04144 | Intro
25% | Prohibits state chartered banking institutions from investing in and providing financing for private prisons.
[Detail][Text][Discuss] | 2025-01-31
To Assembly Banks Committee |
| NY | A03695 | Intro
25% | Requires individuals who perform compliance functions, duties or tasks to obtain a compliance officer or compliance practitioner license; establishes application and examination requirements to obtain, and continuing education requirements to maintai...
[Detail][Text][Discuss] | 2025-01-30
To Assembly Banks Committee |
| NY | A03539 | Intro
25% | Establishes the savings bank, savings and loan association or credit union municipal deposit program; defines terms; provides that a credit union accepting deposits of public money is subject to certain limitations and shall pledge assets or furnish ...
[Detail][Text][Discuss] | 2025-01-28
To Assembly Banks Committee |
| NY | A03348 | Intro
25% | Provides that any person who has been injured by reason of any violation of any such rules, regulations or policies as the superintendent may promulgate may bring an action in such person's own name; assert a counterclaim; or, if an action is commenc...
[Detail][Text][Discuss] | 2025-01-27
To Assembly Banks Committee |
| NY | A03304 | Intro
25% | Prohibits fees for any service rendered through a banking organization relating to the use of an electronic benefit transfer card issued by the state or certain departments or agencies thereof.
[Detail][Text][Discuss] | 2025-01-27
To Assembly Banks Committee |
| NY | A03428 | Intro
25% | Creates the consumer overdraft protection act to ensure that consumers are informed of their options in regard to overdraft protection.
[Detail][Text][Discuss] | 2025-01-27
To Assembly Banks Committee |
| NY | A03459 | Intro
25% | Relates to civil penalties for certain fraud or misrepresentation of a material fact with respect to a financial product or service.
[Detail][Text][Discuss] | 2025-01-27
To Assembly Banks Committee |
| NY | A03464 | Intro
25% | Requires student financial aid award letters to contain information on net costs, defined as an estimate of the costs of attendance after financial aid which does not require repayment and options for loans which do require repayment.
[Detail][Text][Discuss] | 2025-01-27
To Assembly Banks Committee |
| NY | A03144 | Intro
25% | Requires 10% of the penalties imposed by the superintendent of financial services to be deposited in the community development financial institution fund.
[Detail][Text][Discuss] | 2025-01-23
To Assembly Banks Committee |
| NY | A02692 | Intro
25% | Establishes a working group to create a pilot program for an alternative system to a credit score for unbanked persons, undocumented immigrants and any other individuals who would benefit from such alternative system.
[Detail][Text][Discuss] | 2025-01-22
To Assembly Banks Committee |
| NY | A02739 | Intro
25% | Requires a mortgagee to accept and apply payments.
[Detail][Text][Discuss] | 2025-01-22
To Assembly Banks Committee |
