Loading chat...

NY A08439

Bill

Official Source

Status

Introduced

5/20/2009

Primary Sponsor

Jeffrion Aubry

Click for details

Origin

Assembly

2009-2010 General Assembly

AI Summary

  • Requires all ATMs in New York State to display a rating letter indicating the usage fee charged, effective October 1, 2009
  • Establishes four fee categories: "A" for $1.00 or less, "B" for $1.01-$2.00, "C" for $2.01-$3.00, and "D" for $3.01 or more
  • Rating letter must be posted on a yellow square sign at least 3 inches by 3 inches with red lettering, placed near the keypad or card insertion slot, and include a brief description of the rating system
  • Violation of these requirements constitutes a deceptive act or practice subject to penalties under General Business Law Section 349
  • Takes effect immediately upon enactment

Legislative Description

Establishes a rating system for automated teller machine usage fees.

Last Action

referred to banks

1/6/2010

Committee Referrals

Banks5/20/2009

Full Bill Text

No bill text available