Bill Text: NY A08962 | 2017-2018 | General Assembly | Introduced
Bill Title: Relates to a franchisee's right to choose their own processing services provider.
Spectrum: Slight Partisan Bill (Democrat 6-2)
Status: (Introduced - Dead) 2018-05-31 - enacting clause stricken [A08962 Detail]
Download: New_York-2017-A08962-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8962 IN ASSEMBLY January 9, 2018 ___________ Introduced by M. of A. D'URSO -- read once and referred to the Committee on Economic Development AN ACT to amend the general business law, in relation to a franchisee's right to choose their own processing services provider The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 687 of the general business law is amended by 2 adding a new subdivision 6 to read as follows: 3 6. It is unlawful to restrain a franchisee, directly or indirectly, 4 from sourcing processing services for electronic credit cards, credit 5 cards, credit identifications, debit cards, pre-paid cards or other 6 transaction authorization cards from process services providers of the 7 franchisee's choosing where such services are used, or could be reason- 8 ably anticipated to be used, by such franchisee in a substantial amount 9 of its commercial transactions. Notwithstanding anything in this subdi- 10 vision, it shall not be a violation of this subdivision for a franchisor 11 to promulgate reasonable written specified standards as to the nature 12 and quality for such processing service providers. 13 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09306-01-7
