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NY S02397
Bill
Status
6/18/2019
Primary Sponsor
Leroy Comrie
Click for details
AI Summary
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Directs the superintendent of financial services and the commissioner of the department of state to jointly conduct a study on consumer awareness and financial education in New York state.
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Study must 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.
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Study and recommendations must be completed within 12 months of the act's effective date.
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Results of the study and remedial plan must be provided to the governor and legislature no later than 18 months from the study's start date.
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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
1/27/2020