Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 15, 2010 |
signed chap.209 |
Jul 09, 2010 |
delivered to governor |
Jun 16, 2010 |
returned to senate passed assembly ordered to third reading cal.878 substituted for a10941 |
Jun 16, 2010 |
substituted by s6699 |
May 13, 2010 |
advanced to third reading cal.878 |
May 11, 2010 |
reported |
May 04, 2010 |
referred to banks |
Assembly Bill A10941
Signed By Governor2009-2010 Legislative Session
Sponsored By
TOWNS
Archive: Last Bill Status Via S6699 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
Michael Benjamin
David Weprin
2009-A10941 (ACTIVE) - Details
- See Senate Version of this Bill:
- S6699
- Law Section:
- Banks
- Laws Affected:
- Amd ยง2, Chap 591 of 2001
2009-A10941 (ACTIVE) - Sponsor Memo
BILL NUMBER:A10941 TITLE OF BILL: An act to amend chapter 591 of the laws of 2001 amending the banking law relating to limiting the check cashing exemption for national banks and other regulated entities, in relation to the effec- tiveness of such chapter Purpose Or General Idea Of Bill: To provide greater certainty and stability to the check cashing industry by extending the sunset provisions on Chapter 591 of 2001. Summary Of Specific Provisions: This bill extends, until August 1, 2013, the provisions of law enacted by Chapter 591 of 2001. Existing Law: The provisions of Chapter 591 of 2001 - which provides that any separate check cashing facilities established by banking insti- tution shall be subject to the existing distance standard, which applies to the licensing of check casher operations - are currently scheduled to expire on August 1, 2010. Justification: This bill seeks to provide greater certainty, stability and predictability in the industry by extending the sunset date on the provisions of Chapter 591 of the Laws of 2001. That law - which is currently scheduled to expire on August 1, 2010 - provides that any separate check cashing facilities established by banking institutions shall be subject to the existing distance standard which applies to the
2009-A10941 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10941 I N A S S E M B L Y May 4, 2010 ___________ Introduced by M. of A. TOWNS, BENJAMIN -- read once and referred to the Committee on Banks AN ACT to amend chapter 591 of the laws of 2001 amending the banking law relating to limiting the check cashing exemption for national banks and other regulated entities, in relation to the effectiveness of such chapter THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2 of chapter 591 of the laws of 2001 amending the banking law relating to limiting the check cashing exemption for national banks and other regulated entities, as amended by chapter 12 of the laws of 2008, is amended to read as follows: S 2. This act shall take effect immediately and shall expire and be deemed repealed August 1, [2010] 2013. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15561-01-0
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