Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2018 |
referred to banks |
Mar 22, 2017 |
referred to banks |
Assembly Bill A6841
2017-2018 Legislative Session
Sponsored By
CRESPO
Archive: Last 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
multi-Sponsors
Philip Ramos
2017-A6841 (ACTIVE) - Details
2017-A6841 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6841 2017-2018 Regular Sessions I N A S S E M B L Y March 22, 2017 ___________ 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: Section 1. The banking law is amended by adding a new section 9-x to read as follows: § 9-X. IDENTIFICATION AS A VALID FORM OF IDENTIFICATION. 1. EVERY BANKING INSTITUTION SHALL ACCEPT AS A VALID FORM OF IDENTIFICATION FOR ALL BANKING TRANSACTIONS 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. 2. FOR THE PURPOSES OF THIS SECTION, THE TERM "BANKING INSTITUTION" SHALL MEAN AND INCLUDE ALL BANKS, TRUST COMPANIES, SAVINGS BANKS, SAVINGS AND LOAN ASSOCIATIONS, LICENSED FOREIGN BANKS AND CREDIT UNIONS. 3. THE DEPARTMENT SHALL REVIEW THE LEGITIMACY OF IDENTIFICATION CARDS ISSUED BY FOREIGN GOVERNMENTS TO THEIR NATIONALS LIVING IN THE STATE AND RECOMMEND WHICH ONES, IF ANY, SHOULD BE ACCEPTED BY BANKING INSTITUTIONS IN THE STATE AS PROOF OF IDENTIFICATION BY THE IDENTIFICATION HOLDER FOR THE PURPOSE OF ENGAGING IN BANKING SERVICES. 4. THE DEPARTMENT SHALL RECOMMEND: (A) OTHER REQUIRED FORMS OF IDENTIFICATION BY FOREIGN NATIONALS LIVING IN THE STATE, IF ANY, TO SUPPLEMENT VERIFICATION NEEDED BY BANKING SERVICES IN ORDER TO MEET STANDING RULES, REGULATIONS, OR LAWS WITH REGARDS TO ACCESSING BANKING SERVICES; EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07210-02-7
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