Bill Text: NY S03243 | 2021-2022 | General Assembly | Introduced

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Bill Title: Prohibits imposing surcharges on automated teller machines located on state university of New York or city university of New York property.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-01-05 - REFERRED TO BANKS [S03243 Detail]

Download: New_York-2021-S03243-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          3243

                               2021-2022 Regular Sessions

                    IN SENATE

                                    January 28, 2021
                                       ___________

        Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
          printed to be committed to the Committee on Banks

        AN ACT to amend the banking law, in relation to prohibiting  banks  from
          imposing  surcharge  fees  at  automated  teller machines located at a
          state university or a city university

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

     1    Section  1.  The banking law is amended by adding a new section 9-y to
     2  read as follows:
     3    § 9-y. Special provisions relating to automated teller  machine  fees.
     4  1.  A  "banking  institution" for purposes of this section means a bank,
     5  trust company, savings bank,  savings  and  loan  association,  licensed
     6  foreign bank or credit union.
     7    2.   All banking institutions which use, own or lease automated teller
     8  machine facilities located on property owned by the state university  of
     9  New  York  or  the  city university of New York shall be prohibited from
    10  charging surcharge fees at such automated teller machines.
    11    § 2. This act shall take effect on the ninetieth day  after  it  shall
    12  have become a law.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05925-01-1