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NY A05733
Bill
Status
Introduced
2/24/2021
Primary Sponsor
Latoya Joyner
Click for details
AI Summary
- Prohibits banks, including state-chartered and federally-chartered banks, from imposing any fees for benefit banking services related to electronic benefit transfer cards
- Prohibits automated teller machine operators or owners from charging fees for benefit banking services related to electronic benefit transfer cards
- Defines electronic benefit transfer cards as state-issued cards for medical assistance, food stamps, public assistance, unemployment insurance, occupational training, adoption subsidies, and child support programs
- Applies immediately to all current and future contracts for benefit banking services between the state and banking institutions, regardless of existing contract terms
Legislative Description
Prohibits fees for any service rendered through a bank relating to the use of an electronic benefit transfer card issued by the state or certain departments or agencies thereof.
Last Action
referred to banks
1/5/2022
Committee Referrals
Banks2/24/2021
Full Bill Text
No bill text available