Assembly Bill A6070A

Signed By Governor
2019-2020 Legislative Session

Directs the department of financial services and the department of state's consumer protection division to conduct a study on consumer awareness and financial education in New York state

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor

  • 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

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Bill Amendments

co-Sponsors

2019-A6070 - Details

See Senate Version of this Bill:
S8721
Law Section:
Financial Services
Versions Introduced in 2017-2018 Legislative Session:
A8737

2019-A6070 - Summary

Directs the New York state department of financial services and the New York state department of state's consumer protection division to conduct a study on consumer awareness and financial education in New York state and to make recommendations for a consumer awareness and financial education program.

2019-A6070 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6070
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 26, 2019
                                ___________
 
 Introduced  by  M.  of  A.  SEAWRIGHT  --  read once and referred to the
   Committee on Banks
 
 AN ACT to direct the New York state department of financial services and
   the New York state department of state's consumer protection  division
   to  conduct  a  study on consumer awareness and financial education in
   New York state and to make recommendations for  a  consumer  awareness
   and financial education program
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The superintendent of financial  services,  in  conjunction
 with  the  commissioner  of  the  New York state department of state are
 hereby authorized and directed to prepare or have prepared  a  study  of
 the  status  of  consumer  awareness and financial education in New York
 state and to provide recommendations for a consumer awareness and finan-
 cial education program for all New  York  state  consumers.  Such  study
 shall include, but not be limited to, an analysis of consumer and finan-
 cial  education provided to New York state consumers, the amount of debt
 incurred by age, gender and location in New York state, access to  bank-
 ing  services  by age, gender and location in New York state, and access
 to investment services by age, gender and location in New York state.
   § 2. Such study and recommendations shall be completed  within  twelve
 months of the effective date of this act.
   § 3. This act shall take effect on the one hundred twentieth day after
 it shall have become a law and the results of such study and the remedi-
 al  plan  shall be provided to the governor and the legislature no later
 than eighteen months from the beginning of such study.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08692-01-9

co-Sponsors

2019-A6070A (ACTIVE) - Details

See Senate Version of this Bill:
S8721
Law Section:
Financial Services
Versions Introduced in 2017-2018 Legislative Session:
A8737

2019-A6070A (ACTIVE) - Summary

Directs the New York state department of financial services and the New York state department of state's consumer protection division to conduct a study on consumer awareness and financial education in New York state and to make recommendations for a consumer awareness and financial education program.

2019-A6070A (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6070--A
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 26, 2019
                                ___________
 
 Introduced by M. of A. SEAWRIGHT, GALEF -- read once and referred to the
   Committee on Banks -- recommitted to the Committee on Banks in accord-
   ance  with  Assembly  Rule  3,  sec.  2  -- committee discharged, bill
   amended, ordered reprinted as amended and recommitted to said  commit-
   tee

 AN ACT to direct the New York state department of financial services and
   the  New York state department of state's consumer protection division
   to conduct a study on consumer awareness and  financial  education  in
   New  York  state  and to make recommendations for a consumer awareness
   and financial education program
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  superintendent of financial services, in conjunction
 with the commissioner of the New York  state  department  of  state  are
 hereby  authorized  and  directed to prepare or have prepared a study of
 the status of consumer awareness and financial  education  in  New  York
 state and to provide recommendations for a consumer awareness and finan-
 cial  education  program  for  all  New York state consumers. Such study
 shall include, but not be limited to, an analysis of consumer and finan-
 cial education provided to New York state consumers, the amount of  debt
 incurred  by age, gender and location in New York state, access to bank-
 ing services by age, gender and location in New York state,  and  access
 to investment services by age, gender and location in New York state.
   Such  study  and  recommendations  shall  be  completed,  and shall be
 provided to the governor, the temporary president of the senate, and the
 speaker of the assembly, within twelve months of the effective  date  of
 this  act  and  shall  be posted on the department of financial services
 public website.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08692-02-0

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