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NY A06070
Bill
Status
12/15/2020
Primary Sponsor
Rebecca Seawright
Click for details
AI Summary
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Directs the superintendent of financial services and commissioner of the department of state to jointly prepare a study on consumer awareness and financial education in New York state
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Study must analyze consumer and financial education currently provided to New York consumers, debt levels by age/gender/location, and access to banking and investment services by age/gender/location
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Requires completion of study and recommendations within 12 months of the act's effective date
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Study results and recommendations must be provided to the governor, temporary president of the senate, and speaker of the assembly, and posted on the department of financial services website
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Act takes effect immediately upon passage
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
approval memo.33
12/15/2020