Bill Text: NY A09966 | 2015-2016 | General Assembly | Introduced

New York Assembly Bill 9966 (Prior Session Legislation)

Introduced

Bill Title: Requires automated teller machine operators to install global positioning systems within each machine.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-05-02 - referred to banks [A09966 Detail]

Download: New_York-2015-A09966-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          9966
                   IN ASSEMBLY
                                       May 2, 2016
                                       ___________
        Introduced  by  M.  of  A.  RICHARDSON  -- read once and referred to the
          Committee on Banks
        AN ACT to amend the general business law, in relation to requiring auto-
          mated teller machine operators to install global  positioning  systems
          within each machine
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The general business law is amended by adding a new section
     2  399-y-2 to read as follows:
     3    § 399-y-2. Automated teller machine; global positioning system instal-
     4  lation. 1. For the purposes of this section, "automated  teller  machine
     5  operator" shall mean any person who operates an automated teller machine
     6  at  which  consumers  may make financial transactions, including but not
     7  limited to deposits, withdrawals, balance inquiries, and loan  payments;
     8  and is not the financial institution which holds the account accessed by
     9  the consumer to make the financial transaction.
    10    2.  An  automated  teller machine operator shall ensure that any auto-
    11  mated teller machine located on such  operator's  premises  is  equipped
    12  with a global positioning system.
    13    3.  The  automated teller machine operator shall also ensure that such
    14  automated teller machine displays a sticker indicating that such machine
    15  is equipped with a global positioning system device.
    16    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08641-01-5