Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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---|---|
Jun 22, 2020 |
referred to rules |
Senate Bill S8616
2019-2020 Legislative Session
Sponsored By
(D, WF) 47th Senate District
Archive: Last Bill Status - In Senate Committee Rules Committee
- Introduced
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- In Committee Assembly
- In Committee Senate
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- On Floor Calendar Assembly
- On Floor Calendar Senate
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- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2019-S8616 (ACTIVE) - Details
2019-S8616 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8616 SPONSOR: HOYLMAN TITLE OF BILL: An act to amend the banking law, in relation to prohibiting fees for benefit banking services SUMMARY OF PROVISIONS: Section 1 of the bill adds a new section 9-x to the Banking Law ("Benefit banking services"). The new section 9-x prohibits banks from imposing any fee for benefit banking services attributable to use of an electronic benefit transfer card, and prohibits operators or owners of ATMs from imposing any fee for benefit banking services attributable to the use of an electronic benefit transfer card. The new section 9-x defines "electronic benefit transfer card" to include cards issued to deliver unemployment insurance benefits, occupa- tional training act program benefits, adoption subsidy electronic payments, medical assistance benefits, food stamp assistance benefits,
2019-S8616 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8616 I N S E N A T E June 22, 2020 ___________ Introduced by Sen. HOYLMAN -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the banking law, in relation to prohibiting fees for benefit banking services 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-y to read as follows: § 9-Y. BENEFIT BANKING SERVICES. 1. AS USED IN THIS SECTION: (A) "BANK" MEANS ANY CORPORATION OR LIMITED LIABILITY INVESTMENT COMPANY SUBJECT TO THE PROVISIONS OF THIS CHAPTER, BANKING CORPORATIONS ORGANIZED UNDER THE LAWS OF THE UNITED STATES OR ANY OTHER STATE, PRIVATE BANKERS, BANK-BASED FINANCIAL SERVICES COMPANIES AND FEDERAL RESERVE BANKS; (B) "BENEFIT BANKING SERVICES" MEANS ANY SERVICE RENDERED THROUGH A BANK RELATING TO THE USE OF AN ELECTRONIC BENEFIT TRANSFER CARD INCLUD- ING DEPOSIT; DISBURSEMENT VIA ELECTRONIC FUND TRANSFER, CHECKS, OR OTHER MECHANISMS; RECONCILIATION; REPORTING; OR ELECTRONIC CASH MANAGEMENT FOR BENEFIT PROGRAMS; AND (C) "ELECTRONIC BENEFIT TRANSFER CARD" MEANS: (I) ANY MEDICAL ASSISTANCE CARD, FOOD STAMP ASSISTANCE CARD, PUBLIC ASSISTANCE CARD, OR ANY OTHER IDENTIFICATION, AUTHORIZATION CARD OR ELECTRONIC ACCESS DEVICE ISSUED BY THE STATE OR A SOCIAL SERVICES DISTRICT AS DEFINED IN SUBDIVISION SEVEN OF SECTION TWO OF THE SOCIAL SERVICES LAW WHICH ENTITLES A PERSON TO OBTAIN PUBLIC ASSISTANCE BENE- FITS UNDER A LOCAL, STATE OR FEDERAL PROGRAM ADMINISTERED BY THE STATE, ITS POLITICAL SUBDIVISIONS OR SOCIAL SERVICES DISTRICTS; OR (II) ANY UNEMPLOYMENT INSURANCE PROGRAM CARD, OCCUPATIONAL TRAINING ACT PROGRAM CARD, ADOPTION SUBSIDY ELECTRONIC PAYMENTS PROGRAM CARD, OR CARD ISSUED BY THE NEW YORK CHILD SUPPORT PROGRAM WHICH ENTITLES A PERSON TO RECEIVE FUNDS UNDER A LOCAL, STATE OR FEDERAL PROGRAM ADMINIS- TERED BY THE STATE, ITS POLITICAL SUBDIVISIONS OR SOCIAL SERVICES DISTRICTS. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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