Bill Text: NY A02037 | 2017-2018 | General Assembly | Introduced

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Bill Title: Requires banks to install automatic police notification software on their automated teller machines.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2018-01-03 - referred to banks [A02037 Detail]

Download: New_York-2017-A02037-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          2037
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    January 17, 2017
                                       ___________
        Introduced by M. of A. LENTOL -- read once and referred to the Committee
          on Banks
        AN ACT to amend the banking law, in relation to ATM security
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 75-c of the banking law is amended by adding a  new
     2  subdivision 4 to read as follows:
     3    4.  Software  that  would  allow the user to enter his or her personal
     4  identification number in a specific manner that would immediately notify
     5  local law enforcement personnel that the user  is  making  a  withdrawal
     6  against  his  or  her  own volition, while at the same time allowing the
     7  automated teller machine to disperse money to the customer as  if  there
     8  were no problem.
     9    § 2. This act shall take effect on the one hundred eightieth day after
    10  it shall have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD00719-01-7