Senate Bill S2397

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 - 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions
Votes

2019-S2397 (ACTIVE) - Details

Current Committee:
Assembly Banks
Law Section:
Financial Services
Versions Introduced in 2017-2018 Legislative Session:
S8462

2019-S2397 (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-S2397 (ACTIVE) - Sponsor Memo

2019-S2397 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2397
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             January 24, 2019
                                ___________
 
 Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
   printed to be committed 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

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.