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NY A08737

Bill

Status

Introduced

10/20/2017

Primary Sponsor

Rebecca Seawright

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Direct the superintendent of financial services and commissioner of the New York state department of state to jointly conduct a study on consumer awareness and financial education in New York state.

  • Study shall analyze consumer and financial education provided to New York consumers, debt levels by age/gender/location, and access to banking and investment services by age/gender/location.

  • Complete the study and recommendations within 12 months of the act's effective date.

  • Provide results and remedial plan to the governor and legislature no later than 18 months from the study's start date.

  • Act takes effect 120 days after becoming law.

Legislative Description

Directs the New York state department of financial services and the New York state department of state's consumer protection division to conduct a study on consumer awareness and financial education in New York state and to make recommendations for a consumer awareness and financial education program.

Last Action

referred to banks

1/3/2018

Committee Referrals

Banks10/20/2017

Full Bill Text

No bill text available