Bill Text: NY A02527 | 2023-2024 | General Assembly | Introduced

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Bill Title: Establishes the New York state digital payment application agency acceptance task force to examine the possibility of offering such as a payment option for all moneys collected by state agencies from individuals.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - referred to governmental operations [A02527 Detail]

Download: New_York-2023-A02527-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          2527

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    January 26, 2023
                                       ___________

        Introduced  by M. of A. VANEL -- read once and referred to the Committee
          on Governmental Operations

        AN ACT establishing the New York state digital payment application agen-
          cy acceptance task force

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  1. The department of financial services is hereby author-
     2  ized to establish the New York state digital payment application  agency
     3  acceptance  task  force to provide the governor and the legislature with
     4  information  on  the  potential  effects  of  state  agencies  accepting
     5  payments via digital payment applications.
     6    2. The task force shall be comprised of:
     7    a. two members appointed by the governor;
     8    b. two members appointed by the temporary president of the senate;
     9    c. two members appointed by the speaker of the assembly;
    10    d. one member appointed by the minority leader of the senate;
    11    e. one member appointed by the minority leader of the assembly; and
    12    f. two members appointed by the superintendent of financial services.
    13    3. The task force shall:
    14    a.  identify  what  state  agencies collect payments from individuals,
    15  what such payments are collected for and  through  what  mechanism  such
    16  payments are currently permitted to be made through;
    17    b. examine and evaluate the availability, effectiveness, and trustwor-
    18  thiness  of  digital  payment applications including but not limited to,
    19  Venmo, PayPal, Zelle, Google Wallet, Squarecash, and Applepay;
    20    c. identify any state or federal agency that currently accepts digital
    21  payment application payments and evaluate the effectiveness of such; and
    22    d. make recommendations on how to effectively implement  the  practice
    23  of digital payment application acceptance by state agencies.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06217-01-3
        A. 2527                             2

     1    4.  Such  task force shall collaborate with state and city of New York
     2  agencies including, but not limited to, the department of  taxation  and
     3  finance and the department of finance of the city of New York.
     4    5.  The  department of financial services shall submit a report, on or
     5  before January 1, 2025, to the governor and the legislature of its find-
     6  ings, conclusions and recommendations, and  legislative  and  regulatory
     7  proposals deemed necessary to implement such recommendations.
     8    § 2. This act shall take effect immediately.