Bill Text: NY A06829 | 2019-2020 | General Assembly | Introduced


Bill Title: Requires banking institutions to accept the identification cards issued by the consulate general that were approved by the NYS department of financial services as a valid form of identification for all banking transactions.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2020-07-06 - enacting clause stricken [A06829 Detail]

Download: New_York-2019-A06829-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          6829
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                     March 20, 2019
                                       ___________
        Introduced by M. of A. CRESPO -- Multi-Sponsored by -- M. of A. RAMOS --
          read once and referred to the Committee on Banks
        AN ACT to amend the banking law, in relation to requiring banking insti-
          tutions  to accept as valid forms of identification the identification
          issued by the consulate general of the foreign national which has been
          approved for use  by  the  New  York  state  department  of  financial
          services  as  a  valid  form  of identification for all banking trans-
          actions
          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-x to
     2  read as follows:
     3    § 9-x. Identification as a valid  form  of  identification.  1.  Every
     4  banking  institution  shall accept as a valid form of identification for
     5  all banking transactions the  identification  issued  by  the  consulate
     6  general  of  the foreign national which has been approved for use by the
     7  New York state department of financial services.
     8    2. For the purposes of this section, the  term  "banking  institution"
     9  shall  mean  and  include  all  banks,  trust  companies, savings banks,
    10  savings and loan associations, licensed foreign banks and credit unions.
    11    3.  The department shall review the legitimacy of identification cards
    12  issued by foreign governments to their nationals living in the state and
    13  recommend which ones, if any, should be accepted by banking institutions
    14  in  the state as proof of identification by  the  identification  holder
    15  for the purpose of engaging in banking services.
    16    4. The department shall recommend:
    17    (a) other required forms of identification by foreign nationals living
    18  in  the  state,  if  any,  to  supplement verification needed by banking
    19  services in order to meet standing  rules,  regulations,  or  laws  with
    20  regards to accessing banking services;
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10789-01-9

        A. 6829                             2
     1    (b) any legislative measures necessary to facilitate access to banking
     2  services  by foreign nationals who are currently considered undocumented
     3  immigrants;
     4    (c)  any  measures,  in the form of rules, regulations or legislation,
     5  necessary to ensure that undocumented immigrants who can  provide  proof
     6  that  they  have applied for the new federal immigrant status classified
     7  as Registered Provisional Immigrant, hereinafter "RPI", have  access  to
     8  banking  services while such persons wait for official federal identifi-
     9  cation; and
    10    (d) a timeframe for requiring banking services to accept  the  foreign
    11  identification and temporary proof of applying for RPI to access banking
    12  services  and whether the foreign issued identification shall be part of
    13  the temporary identification requirements that can  be  requested  by  a
    14  banking institution.
    15    § 2. This act shall take effect immediately.
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