Bill Text: NY S08339 | 2017-2018 | General Assembly | Introduced
Bill Title: Extends certain provisions of law relating to limiting the check cashing exemption for national banks and other regulated entities from August 1, 2018 to August 1, 2023.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Passed) 2018-07-31 - SIGNED CHAP.182 [S08339 Detail]
Download: New_York-2017-S08339-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 8339 IN SENATE May 2, 2018 ___________ Introduced by Sen. PHILLIPS -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to amend chapter 591 of the laws of 2001 amending the banking law relating to limiting the check cashing exemption for national banks and other regulated entities, in relation to the effectiveness of such chapter The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 2 of chapter 591 of the laws of 2001 amending the 2 banking law relating to limiting the check cashing exemption for 3 national banks and other regulated entities, as amended by chapter 33 of 4 the laws of 2013, is amended to read as follows: 5 § 2. This act shall take effect immediately and shall expire and be 6 deemed repealed August 1, [2018] 2023. 7 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15661-01-8