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NY A04555

Bill

Status

Introduced

2/16/2023

Primary Sponsor

Gary Pretlow

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends the Banking Law by adding Section 9-e prohibiting banking institutions from holding for deposit funds from checks issued by the state
  • Applies to all banking institutions as defined in Section 9-f of the Banking Law
  • Takes effect on the thirtieth day after becoming law
  • Introduced by Member of Assembly Pretlow on February 16, 2023
  • Referred to the Committee on Banks

Legislative Description

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

Last Action

referred to banks

1/3/2024

Committee Referrals

Banks2/16/2023

Full Bill Text

No bill text available