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NY A01515

Bill

Status

Engrossed

6/6/2025

Primary Sponsor

David Weprin

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Requires the Superintendent of Banks to promulgate rules and regulations mandating licensed check cashers to file suspicious activity reports
  • Amends Section 371 of the banking law to expand the superintendent's regulatory authority over check cashing businesses
  • Updates gendered language in the statute, replacing "he" with "such superintendent"
  • Takes effect immediately upon passage

Legislative Description

Directs the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports.

Last Action

REFERRED TO BANKS

1/21/2026

Committee Referrals

Banks1/21/2026
Rules6/6/2025
Rules6/4/2025
Banks1/10/2025

Full Bill Text

No bill text available