Bill Text: NY S06218 | 2015-2016 | General Assembly | Introduced

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Bill Title: Enacts the "banking services availability act of 2016"; relates to hours of state chartered banks.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-01-06 - REFERRED TO BANKS [S06218 Detail]

Download: New_York-2015-S06218-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         6218
                                   I N  S E N A T E
                                      (PREFILED)
                                    January 6, 2016
                                      ___________
       Introduced  by Sen. HAMILTON -- 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 hours of state chartered
         banks
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  This  act shall be known and may be cited as the "banking
    2  services availability act of 2016".
    3    S 2. The banking law is amended by adding a new section 46 to read  as
    4  follows:
    5    S  46. BANKING SERVICES AVAILABILITY. ANY BANK OR CREDIT UNION OPERAT-
    6  ING IN THIS STATE  UNDER  A  STATE  CHARTER  SHALL  MAKE  ITS  IN-PERSON
    7  SERVICES  AVAILABLE TO CONSUMERS BY 1. HAVING BUSINESS HOURS UNTIL SEVEN
    8  P.M. ON ONE WEEKNIGHT OF EACH WEEK; AND 2. HAVING AT LEAST FIVE  OPERAT-
    9  ING BUSINESS HOURS EACH SATURDAY.
   10    S 3. This act shall take effect on the one hundred eightieth day after
   11  it shall have become a law.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD13091-01-5