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NY A02470
Bill
Status
1/15/2013
Primary Sponsor
Marcos Crespo
Click for details
AI Summary
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Requires all banking institutions in New York to accept the Dominican identification card issued by the Consulate General of the Dominican Republic as valid identification for all banking transactions.
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Applies to banks, trust companies, savings banks, savings and loan associations, licensed foreign banks, and credit unions.
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Directs the Department of Financial Services to review the legitimacy of identification cards issued by foreign governments and recommend which ones should be accepted by banking institutions.
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Requires the Department to recommend supplemental identification requirements for foreign nationals, legislative measures to facilitate banking access for undocumented immigrants, and measures to provide banking services access to those with proof of application for Registered Provisional Immigrant (RPI) status.
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Takes effect immediately upon enactment.
Legislative Description
Requires banking institutions to accept the identification cards issued by the consulate generals that were approved by the NYS department of financial services as a valid form of identification for all banking transactions.
Last Action
referred to banks
1/8/2014