Senate Bill S558A

2021-2022 Legislative Session

Provides for the remote conduct of certain practices and procedures

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Banks 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

Bill Amendments

2021-S558 - Details

See Assembly Version of this Bill:
A6063
Current Committee:
Senate Banks
Law Section:
Banking Law
Laws Affected:
Amd §11, Bank L; amd §171, Tax L; add §137-a, Exec L; amd §§3-2.1 & 7-1.17, EPT L; amd §4201, Pub Health L; add §304-a, RP L; amd §5-1514, Gen Ob L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8317
2023-2024: S6967, A1896

2021-S558 - Summary

Provides for the remote conduct of certain practices and procedures including meetings and notarizations utilizing electronic and/or audio-visual technologies.

2021-S558 - Sponsor Memo

2021-S558 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    558
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by Sen. BENJAMIN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Banks
 
 AN ACT to amend the banking law, the tax law,  the  executive  law,  the
   estates,  powers and trusts law, the public health law, the real prop-
   erty law and the general obligations law, in relation to providing for
   the remote conduct of certain practices and procedures
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  11 of the banking law is amended by adding a new
 subdivision 5 to read as follows:
   5. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY,  ANY  INSTRU-
 MENT WHICH IS SIGNED AND DELIVERED TO THE SUPERINTENDENT PURSUANT TO ANY
 PROVISION  OF  THIS  CHAPTER, AND IS REQUIRED TO BE VERIFIED OR ACKNOWL-
 EDGED PURSUANT TO THE PROVISIONS OF THIS CHAPTER,  MAY  BE  VERIFIED  OR
 ACKNOWLEDGED  BY  INCLUDING  THE STANDARD VERIFICATION OR ACKNOWLEDGMENT
 LANGUAGE IN SUCH INSTRUMENT AND  TRANSMITTING  A  LEGIBLE  COPY  OF  THE
 SIGNED  INSTRUMENT  BY FAX OR ELECTRONIC MEANS. THE SUPERINTENDENT SHALL
 PROMULGATE ALL RULES AND REGULATIONS NECESSARY FOR THE IMPLEMENTATION OF
 THE PROVISIONS OF THIS SUBDIVISION.
   § 2. Section 171 of the tax law is amended by adding a new subdivision
 twenty-ninth to read as follows:
   TWENTY-NINTH. HAVE THE AUTHORITY TO ACCEPT  ELECTRONIC  SIGNATURES  IN
 LIEU OF HANDWRITTEN SIGNATURES ON DOCUMENTS RELATED TO THE DETERMINATION
 OR  COLLECTION  OF  TAX LIABILITY. THE COMMISSIONER MAY PROMULGATE RULES
 AND REGULATIONS REGARDING WHICH DOCUMENTS SHALL BE ACCEPTED  WITH  ELEC-
 TRONIC SIGNATURES AND THE REQUIREMENTS FOR SUCH ELECTRONIC SIGNATURES.
   §  3.  The  executive  law is amended by adding a new section 137-a to
 read as follows:

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04966-02-1
              

2021-S558A (ACTIVE) - Details

See Assembly Version of this Bill:
A6063
Current Committee:
Senate Banks
Law Section:
Banking Law
Laws Affected:
Amd §11, Bank L; amd §171, Tax L; add §137-a, Exec L; amd §§3-2.1 & 7-1.17, EPT L; amd §4201, Pub Health L; add §304-a, RP L; amd §5-1514, Gen Ob L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8317
2023-2024: S6967, A1896

2021-S558A (ACTIVE) - Summary

Provides for the remote conduct of certain practices and procedures including meetings and notarizations utilizing electronic and/or audio-visual technologies.

2021-S558A (ACTIVE) - Sponsor Memo

2021-S558A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  558--A
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 6, 2021
                                ___________
 
 Introduced  by Sen. BENJAMIN -- read twice and ordered printed, and when
   printed to be  committed  to  the  Committee  on  Banks  --  committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee

 AN  ACT  to  amend  the banking law, the tax law, the executive law, the
   estates, powers and trusts law, the public health law, the real  prop-
   erty law and the general obligations law, in relation to providing for
   the remote conduct of certain practices and procedures
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 11 of the banking law is amended by  adding  a  new
 subdivision 5 to read as follows:
   5.  NOTWITHSTANDING  ANY PROVISION OF LAW TO THE CONTRARY, ANY INSTRU-
 MENT WHICH IS SIGNED AND DELIVERED TO THE SUPERINTENDENT PURSUANT TO ANY
 PROVISION OF THIS CHAPTER, AND IS REQUIRED TO BE  VERIFIED  OR  ACKNOWL-
 EDGED  PURSUANT  TO  THE  PROVISIONS OF THIS CHAPTER, MAY BE VERIFIED OR
 ACKNOWLEDGED BY INCLUDING THE STANDARD  VERIFICATION  OR  ACKNOWLEDGMENT
 LANGUAGE  IN  SUCH  INSTRUMENT  AND  TRANSMITTING  A LEGIBLE COPY OF THE
 SIGNED INSTRUMENT BY FAX OR ELECTRONIC MEANS. THE  SUPERINTENDENT  SHALL
 PROMULGATE ALL RULES AND REGULATIONS NECESSARY FOR THE IMPLEMENTATION OF
 THE PROVISIONS OF THIS SUBDIVISION.
   § 2. Section 171 of the tax law is amended by adding a new subdivision
 twenty-ninth to read as follows:
   TWENTY-NINTH.  HAVE  THE  AUTHORITY TO ACCEPT ELECTRONIC SIGNATURES IN
 LIEU OF HANDWRITTEN SIGNATURES ON DOCUMENTS RELATED TO THE DETERMINATION
 OR COLLECTION OF TAX LIABILITY. THE COMMISSIONER  MAY  PROMULGATE  RULES
 AND  REGULATIONS  REGARDING WHICH DOCUMENTS SHALL BE ACCEPTED WITH ELEC-
 TRONIC SIGNATURES AND THE REQUIREMENTS FOR SUCH ELECTRONIC SIGNATURES.
   § 3. The executive law is amended by adding a  new  section  137-a  to
 read as follows:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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.