Bill Text: NY A03915 | 2019-2020 | General Assembly | Introduced

New York Assembly Bill 3915 (Prior Session Legislation)

Introduced

Bill Title: Directs the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports.

Spectrum: Slight Partisan Bill (Democrat 5-2)

Status: (Introduced - Dead) 2020-01-08 - referred to banks [A03915 Detail]

Download: New_York-2019-A03915-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          3915
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 31, 2019
                                       ___________
        Introduced  by  M. of A. WEPRIN, ABINANTI -- Multi-Sponsored by -- M. of
          A. BRONSON, DenDEKKER, GOODELL, McDONOUGH, M. G. MILLER --  read  once
          and referred to the Committee on Banks
        AN ACT to amend the banking law, in relation to requiring licensed cash-
          ers of checks to file suspicious activity reports
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 371 of the banking law, as added by chapter 151  of
     2  the laws of 1945, is amended to read as follows:
     3    § 371.  Regulations.  The  superintendent  is  hereby  authorized  and
     4  empowered to make such rules and regulations, and such specific rulings,
     5  demands, and findings as he or she may deem  necessary  for  the  proper
     6  conduct  of  the  business  authorized  and  licensed  under and for the
     7  enforcement of this article, in addition  hereto  and  not  inconsistent
     8  herewith.   Such rules, regulations, rulings, demands and findings shall
     9  include, but not be limited to, requiring licensed cashers of checks  to
    10  file suspicious activity reports.
    11    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08426-01-9