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NY A08999
Bill
Status
2/1/2024
Primary Sponsor
Yudelka Tapia
Click for details
AI Summary
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Prohibits banking organizations from imposing any fees for benefit banking services associated with electronic benefit transfer (EBT) cards
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Prohibits automated teller machine (ATM) owners and operators from charging fees for EBT card transactions
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Defines covered EBT cards to include medical assistance cards, food stamp cards, public assistance cards, unemployment insurance cards, child support program cards, and adoption subsidy payment cards
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Applies to any new contracts for benefit banking services entered into after the effective date between the state (or its agencies/subdivisions) and institutions subject to New York banking law
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Takes effect immediately upon enactment
Legislative Description
Prohibits fees for any service rendered through a banking organization relating to the use of an electronic benefit transfer card issued by the state or certain departments or agencies thereof.
Last Action
substituted by s2601b
6/4/2024