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NY A09966

Bill

Official Source

Status

Introduced

5/2/2016

Primary Sponsor

Diane Richardson

Click for details

Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Amends the General Business Law by adding section 399-y-2 to establish GPS requirements for automated teller machines (ATMs)
  • Defines "automated teller machine operator" as any person operating an ATM where consumers conduct financial transactions who is not the financial institution holding the accessed account
  • Requires ATM operators to equip all ATMs on their premises with a global positioning system device
  • Mandates that equipped ATMs display a sticker indicating the presence of a global positioning system device
  • Takes effect immediately upon enactment

Legislative Description

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

Last Action

referred to banks

5/2/2016

Committee Referrals

Banks5/2/2016

Full Bill Text

No bill text available