| NY | A02720 | Intro
25% | Establishes a temporary state commission to conduct a feasibility study to evaluate and make recommendations concerning the formation and control of a state public bank; provides if such study finds that the state bank is feasible, the commission may...
[Detail][Text][Discuss] | 2024-04-11
To Assembly Banks Committee |
| NY | A00480 | Intro
25% | Enacts the "community financial services access and modernization act"; modernizes existing statute to reflect the full scope of financial services available at neighborhood "check cashing" establishments; provides for a comprehensive regulatory fram...
[Detail][Text][Discuss] | 2024-04-03
To Assembly Banks Committee |
| NY | A09649 | Intro
25% | Requires student financial aid award letters to contain information on net costs, defined as an estimate of the costs of attendance after financial aid which does not require repayment and options for loans which do require repayment.
[Detail][Text][Discuss] | 2024-03-27
To Assembly Banks Committee |
| NY | A09587 | Intro
25% | Establishes the savings bank, savings and loan association or credit union municipal deposit program; defines terms; provides that a credit union accepting deposits of public money is subject to certain limitations and shall pledge assets or furnish ...
[Detail][Text][Discuss] | 2024-03-22
To Assembly Banks Committee |
| NY | A09585 | Intro
25% | Provides interest rate limitations for financing arrangements and the extension of consumer credit; relates to the definitions of criminal usery in the first and second degrees; relates to the functions of the attorney general regarding rental purcha...
[Detail][Text][Discuss] | 2024-03-21
To Assembly Banks Committee |
| NY | A04515 | Intro
25% | Relates to including information concerning repayment of outstanding loans in the standard financial aid award letter.
[Detail][Text][Discuss] | 2024-03-21
To Assembly Banks Committee |
| NY | A09561 | Intro
25% | Enacts the "the empire state enhanced public payment system act" directing the department of financial services to develop, establish, and maintain a value storage and payment platform consisting of a digital master account and coordinate a system of...
[Detail][Text][Discuss] | 2024-03-20
To Assembly Banks Committee |
| NY | A09423 | Intro
25% | Establishes the savings bank, savings and loan association or credit union municipal deposit program.
[Detail][Text][Discuss] | 2024-03-14
To Assembly Banks Committee |
| NY | A09350 | Intro
25% | Establishes requirements for the creation and operation of limited purpose trust companies; establishes how to apply to operate as a limited purpose trust company.
[Detail][Text][Discuss] | 2024-03-06
To Assembly Banks Committee |
| NY | A05877 | Intro
25% | Relates to reverse mortgage loans for persons 62 years of age and older.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02149 | Intro
25% | Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A07482 | Intro
25% | Regulates commercial finance licensing; sets forth the application process for such licensing; makes conforming technical changes thereto.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02131 | Intro
25% | Provides that any person who has been injured by reason of any violation of any such rules, regulations or policies as the superintendent may promulgate may bring an action in his or her own name; assert a counterclaim; or, if an action is commenced ...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02682 | Intro
25% | Requires mortgage investing institutions or their contracted vendors to be financially responsible for any interest or penalties charged as a result of an erroneous mortgage registration filed by such institution or vendor.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A01478 | Intro
25% | Requires banks to send account notifications in certain circumstances.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02553 | Intro
25% | Authorizes certain state regulated institutions to offer disaster forbearance agreements to qualified mortgagors whose income has been adversely affected by the outbreak of COVID-19 and is unable to make his or her mortgage payment.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A03246 | Intro
25% | Allows credit unions, savings banks, savings and loan associations and federal savings associations to accept and secure deposits from municipal corporations.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A05978 | Intro
25% | Enacts the New York state bank act creating the New York state banking authority and New York state bank to serve New York state residents and businesses currently underserved by banking institutions.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A07770 | Intro
25% | Allows the department of financial services to have additional oversight of banks and insurance companies that are not currently licensed in this state; provides penalties for violations.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A06189 | Intro
25% | Prohibits foreign banking corporations from issuing payday loans; defines payday loans as any transaction in which a short-term cash advance is made to a consumer in exchange for: a consumer's personal check or share draft, in the amount of an advanc...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A07966 | Intro
25% | Requires individuals who perform compliance functions, duties or tasks to obtain a compliance officer or compliance practitioner license; establishes application and examination requirements to obtain, and continuing education requirements to maintai...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A01578 | Intro
25% | Provides for joint and survivorship accounts; provides that absent indication to the contrary, funds remaining in such an account upon the death of the depositor shall be deemed part of the depositor's estate.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A04555 | Intro
25% | Prohibits banks from holding for deposit the funds from checks issued by the state.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02124 | Intro
25% | Relates to penalties for violations of article fifteen of the executive law committed by mortgage bankers and mortgage brokers; includes such violations as grounds for suspension or revocation of license or registration.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02495 | Intro
25% | Relates to the regulation and licensing of employer-integrated and non-verified on-demand pay providers.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A04065 | Intro
25% | Enacts the "Excelsior Opportunity Accounts Act"; establishes a special fund for EO accounts within the department of financial services for certain eligible individuals born after December 31, 2025, who reside in the state, are under age 18, with hou...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A06320 | Intro
25% | Relates to establishing limitations on bank accounts after such accounts have been closed including opening or re-opening such account, requesting a deposit or withdrawal or assessing certain fees.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A04175 | Intro
25% | Relates to civil penalties associated with financial frauds; redefines financial product or service to include warranties sold or provided to a consumer or small business or any guaranty or suretyship provided by a consumer.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A01509 | Intro
25% | Requires 10% of the penalties imposed by the superintendent of financial services to be deposited in the community development financial institution fund.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02102 | Intro
25% | Provides for restructuring unsustainable sovereign and subnational debt; provides a voluntary petition for relief may be filed with the state.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A04448 | Intro
25% | Relates to establishing the empire state public bank to use the state's depository assets to generate additional benefit for the people and the economy of the state.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A05702 | Intro
25% | Enacts the New York state money transmission disclosure act; requires each licensee providing a transmission transaction which involves currency of one country into the currency of another country to provide the customer with a written disclosure; au...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A08266 | Intro
25% | Requires banks to report to the superintendent annually on the amount of revenue earned from overdraft fees; prohibits banks from imposing overdraft fees during a ten day grace period; regulates the imposition of overdraft and NSF fees.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A03248 | Intro
25% | Requires financial institutions to send a written notification of overdraft fees charged to account holders every 180 days.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A07773 | Intro
25% | Expands consumer protections for usury and interest to small businesses.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A03352 | Intro
25% | Establishes the "New York public banking act"; authorizes municipal and other local governments to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public cre...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A03627 | Intro
25% | Requires lending institutions to supply customers with PINs to be used in conjunction with any chip-embedded credit card.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A00379 | Intro
25% | Relates to expanding eligibility for the low interest rate program of the state of New York mortgage agency to certain graduates of post secondary programs or comparable apprenticeship and workforce training programs for the purchase of certain prope...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02063 | Intro
25% | Enacts the "Home Equity Fraud Act" to control improper activities by home improvement contractors and finance companies; prohibits mortgage brokers or agents from acting as home improvement contractors; provides additional protections for mortgagors ...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A04125 | Intro
25% | Prohibits a state chartered banking institution from providing financing to a landlord who has engaged in certain bad faith acts.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A07794 | Intro
25% | Relates to establishing the banking bill of rights; includes due process requirements regarding applications for or closure of credit and deposit accounts and penalties for noncompliance.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A06869 | Intro
25% | Grants the department of financial services jurisdiction over the financing of motor vehicles; requires motor vehicle dealer finance managers to be licensed by the department of financial services.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02536 | Intro
25% | Relates to establishing the state of New York public bank to use the state's depository assets to generate additional benefit for the people and the economy of the state.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A08188 | Intro
25% | Imposes a fee of not less than twenty per centum of transaction amounts equal to or exceeding one thousand dollars on customers who initiate international wire transfers without a valid social security number or taxpayer identification number.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02962 | Intro
25% | Clarifies the definition of "community bank institution"; expands eligible deposits to a community bank institution under the community bank deposit program; requires an annual report by the state comptroller and the commissioner of taxation and fina...
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A04605 | Intro
25% | Establishes the state financial literacy fund which provides funding for project grants to organizations in order to establish financial capability and financial literacy programs. products content and/or services for at-risk populations in New York.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
| NY | A02171 | Intro
25% | Creates the consumer overdraft protection act to ensure that consumers are informed of their options in regard to overdraft protection.
[Detail][Text][Discuss] | 2024-01-03
To Assembly Banks Committee |
