Loading chat...
NY A03304
Bill
Status
1/27/2025
Primary Sponsor
Yudelka Tapia
Click for details
AI Summary
-
Prohibits banks and credit unions from imposing any fees for banking services related to electronic benefit transfer (EBT) card transactions
-
Prohibits automated teller machine (ATM) owners and operators from charging fees for EBT card use
-
Covers EBT cards for medical assistance, food stamps, public assistance, unemployment insurance, adoption subsidies, occupational training programs, and child support payments
-
Applies to all banking services including deposits, electronic fund transfers, check disbursements, reconciliation, reporting, and electronic cash management for benefit programs
-
Takes effect immediately and applies to any new contracts for benefit banking services entered into after the effective date, regardless of terms in existing contracts
Legislative Description
Prohibits the imposition of fees or surcharges 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
amended on third reading 3304b
2/24/2026