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NY A01160
Bill
Status
1/5/2011
Primary Sponsor
Jonathan Bing
Click for details
AI Summary
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Requires operators of private (non-bank) automated teller machines to register with the New York Superintendent of Banks, with registration fees of $100 per machine and $50 for renewals.
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Mandates that ATM operators maintain adequate lighting and reflective mirrors to allow users to see their surroundings and behind them during transactions.
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Requires operators to display a conspicuous notice on each machine with the operator's name, merchant contact information, the Superintendent's phone number, and a PIN protection warning.
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Imposes civil penalties of up to $5,000 per violation on ATM operators and up to $250 on property owners who permit unregistered machines, with penalties resetting every 15 days a violation remains uncorrected.
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Applies to unenclosed ATMs in non-banking locations such as supermarkets, restaurants, airports, and convenience stores that operate only during the host business's regular hours.
Legislative Description
Enacts the private automated teller machine safety act; requires operators of private automated teller machines to register their machines with the superintendent of banks; imposes a fee for the registration of such machines; provides monetary penalties for those operators and building owners who do not comply with the provisions of the act.
Last Action
enacting clause stricken
7/11/2011