Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 24, 2024 |
referred to consumer affairs and protection |
Assembly Bill A9862
2023-2024 Legislative Session
Sponsored By
SOLAGES
Current Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Jo Anne Simon
2023-A9862 (ACTIVE) - Details
- See Senate Version of this Bill:
- S8479
- Current Committee:
- Assembly Consumer Affairs And Protection
- Law Section:
- General Business Law
- Laws Affected:
- Add Art 29-BBB §§529 & 529-a, Gen Bus L
2023-A9862 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9862 I N A S S E M B L Y April 24, 2024 ___________ Introduced by M. of A. SOLAGES -- read once and referred to the Commit- tee on Consumer Affairs and Protection AN ACT to amend the general business law, in relation to requiring issuers of credit and debit cards to use certain merchant category codes for firearm merchants THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general business law is amended by adding a new article 29-BBB to read as follows: ARTICLE 29-BBB CREDIT AND DEBIT CARDS SECTION 529. DEFINITIONS. 529-A. MERCHANT CATEGORY CODES. § 529. DEFINITIONS. FOR THE PURPOSES OF THIS ARTICLE, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: 1. "CREDIT CARD" MEANS AND INCLUDES ANY CREDIT CARD, CREDIT PLATE, CHARGE PLATE, COURTESY CARD, OR OTHER IDENTIFICATION CARD OR DEVICE ISSUED BY A PERSON TO ANOTHER PERSON WHICH MAY BE USED TO OBTAIN A CASH ADVANCE OR A LOAN OR CREDIT OR TO PURCHASE OR LEASE PROPERTY OR SERVICES ON THE CREDIT OF THE ISSUER OR OF THE HOLDER. 2. "DEBIT CARD" MEANS A CARD, PLATE OR OTHER SIMILAR DEVICE ISSUED BY A PERSON TO ANOTHER PERSON WHICH MAY BE USED, WITHOUT A PERSONAL IDEN- TIFICATION NUMBER, CODE OR SIMILAR IDENTIFICATION NUMBER, TO PURCHASE OR LEASE PROPERTY OR SERVICES. THE TERM DOES NOT INCLUDE A CREDIT CARD OR A CHECK, DRAFT OR SIMILAR INSTRUMENT. 3. "PERSON" INCLUDES AN INDIVIDUAL, CORPORATION, PARTNERSHIP OR ASSO- CIATION, TWO OR MORE PERSONS HAVING A JOINT OR COMMON INTEREST OR ANY OTHER LEGAL OR COMMERCIAL ENTITY. 4. "ISSUER" MEANS A PERSON WHO ISSUES A CREDIT CARD OR A DEBIT CARD. 5. "HOLDER" MEANS A PERSON TO WHOM SUCH A CREDIT CARD OR DEBIT CARD IS ISSUED OR WHO HAS AGREED WITH THE ISSUER TO PAY OBLIGATIONS ARISING FROM THE USE OF A CREDIT CARD OR DEBIT CARD ISSUED TO ANOTHER PERSON. 6. "PROCESSOR" MEANS A PERSON WHO FACILITATES THE USE OF CREDIT CARDS OR DEBIT CARDS BETWEEN A HOLDER AND A SELLER.
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