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NY A03569

Bill

Status

Introduced

1/27/2017

Primary Sponsor

Gary Pretlow

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends the Banking Law by adding section 9-e to prohibit banking institutions from holding for deposit the funds from checks issued by the state
  • Applies to all banking institutions as defined in section 9-f of the Banking Law
  • Takes effect on the thirtieth day after becoming law
  • Introduced January 27, 2017 in the Assembly and referred to the Committee on Banks

Legislative Description

Prohibits banks from holding for deposit the funds from checks issued by the state.

Last Action

referred to banks

1/3/2018

Committee Referrals

Banks1/27/2017

Full Bill Text

No bill text available