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NY A03554

Bill

Official Source

Status

Introduced

1/29/2019

Primary Sponsor

Gary Pretlow

Click for details

Origin

Assembly

2019-2020 General Assembly

AI Summary

  • Amends New York Banking Law by adding new section 9-e
  • Prohibits banking institutions from holding for deposit funds from checks issued by the state
  • Applies to all banking institutions as defined in Banking Law section 9-f
  • Takes effect on the thirtieth day after becoming law

Legislative Description

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

Last Action

referred to banks

1/8/2020

Committee Referrals

Banks1/29/2019

Full Bill Text

No bill text available