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NY A01361
Bill
Status
1/5/2011
Primary Sponsor
Hakeem Jeffries
Click for details
AI Summary
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Prohibits SUNY from permitting credit card issuers or other persons to solicit students on SUNY property or through SUNY agreements to become credit card holders unless those persons offer and provide credit education courses to enrolled students.
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Prohibits CUNY from permitting credit card issuers or other persons to solicit students on CUNY property or through CUNY agreements to become credit card holders unless those persons offer and provide credit education courses to enrolled students.
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Requires credit education courses to be provided in accordance with rules and regulations to be promulgated by the Commissioner of Education.
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Effective September 1st following enactment, with the Commissioner of Education immediately authorized to promulgate necessary rules and regulations for implementation.
Legislative Description
Provides that there shall be no solicitation for credit card holders through state or city university of NY unless credit education courses are provided.
Last Action
referred to banks
1/4/2012