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NY A04508

Bill

Official Source

Status

Introduced

2/3/2015

Primary Sponsor

Barbara Clark

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends General Business Law by adding Section 399-Y-2 to regulate automated teller machine (ATM) operators
  • Defines "automated teller machine operator" as any person operating an ATM for consumer financial transactions who is not the financial institution holding the accessed account
  • Requires all ATM operators to equip their machines with a global positioning system (GPS)
  • Requires ATM operators to display a sticker on each machine indicating it is equipped with a GPS device
  • Takes effect immediately upon enactment

Legislative Description

Requires automated teller machine operators to install global positioning systems within each machine.

Last Action

enacting clause stricken

3/3/2016

Committee Referrals

Banks2/3/2015

Full Bill Text

No bill text available