Bill Sponsors: NY S00982 | 2019-2020 | General Assembly

Bill Title: Provides that every banking institution which maintains checking accounts for customers shall pay checks in the order received within account balance; provides such banks may dishonor check for insufficient funds, but then must honor smaller checks within amounts on deposit in the subject account.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Engrossed - Dead) 2020-07-22 - referred to codes [S00982 Detail]

Text: Latest bill text (Introduced) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Neil Breslin [D]PrimarySponsored BillsSD-046FollowTheMoneyBallotpediaVoteSmart
Senator James Sanders [D]CosponsorSponsored BillsSD-010FollowTheMoneyBallotpediaVoteSmart

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