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NY A10523

Bill

Status

Introduced

5/4/2018

Primary Sponsor

Walter Mosley

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends chapter 591 of the laws of 2001, which limits the check cashing exemption for national banks and other regulated entities under banking law
  • Extends the expiration date of the check cashing exemption limitations from August 1, 2018 to August 1, 2023
  • Takes effect immediately upon enactment
  • Modifies the sunset provision that would have allowed the check cashing exemption restrictions to expire and be repealed

Legislative Description

Extends the effectiveness of certain provisions relating to limiting the check cashing exemption for national banks and other regulated entities.

Last Action

substituted by s8339

6/12/2018

Committee Referrals

Banks5/4/2018

Full Bill Text

No bill text available