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NY A06573
Bill
Status
3/27/2015
Primary Sponsor
Marcos Crespo
Click for details
AI Summary
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Banking institutions must accept as valid identification any consulate-issued identification cards for foreign nationals that have been approved by the New York State Department of Financial Services for all banking transactions.
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Applies to all banks, trust companies, savings banks, savings and loan associations, licensed foreign banks, and credit unions.
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Department of Financial Services must review the legitimacy of identification cards issued by foreign governments and recommend which ones should be accepted by banking institutions.
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Department must recommend supplemental identification requirements, legislative measures to facilitate banking access for undocumented immigrants, and measures for undocumented immigrants with proof of Registered Provisional Immigrant (RPI) applications to access banking services.
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Act 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
1/6/2016