Bill Text: NY S01457 | 2019-2020 | General Assembly | Introduced


Bill Title: Requires banks to install automatic police notification software on their automated teller machines.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2019-01-15 - REFERRED TO BANKS [S01457 Detail]

Download: New_York-2019-S01457-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          1457
                               2019-2020 Regular Sessions
                    IN SENATE
                                    January 15, 2019
                                       ___________
        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 ATM security
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. Section 75-c of the banking law is amended by adding a new
     2  subdivision 4 to read as follows:
     3    4. Software that would allow the user to enter  his  or  her  personal
     4  identification number in a specific manner that would immediately notify
     5  local  law  enforcement  personnel  that the user is making a withdrawal
     6  against his or her own volition, while at the  same  time  allowing  the
     7  automated  teller  machine to disperse money to the customer as if there
     8  were no problem.
     9    § 2. This act shall take effect on the one hundred eightieth day after
    10  it shall have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04457-01-9
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