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NY A03315

Bill

Official Source

Status

Engrossed

3/10/2011

Primary Sponsor

Barbara Clark

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Amends Banking Law Section 14-f to increase free withdrawal transactions for account holders age 65 and older from eight to twelve per periodic cycle
  • Maintains eight free withdrawal transactions for account holders under age 65
  • Applies to all withdrawal transactions including those conducted at electronic facilities
  • Effective sixty days after the bill becomes law

Legislative Description

Increases the minimum number of authorized withdrawal transactions at no charge from basic banking accounts for account holders sixty-five years of age or older from eight to twelve.

Last Action

REFERRED TO BANKS

1/30/2012

Committee Referrals

Banks3/10/2011
Banks1/24/2011

Full Bill Text

No bill text available