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Assembly Bill A6766

2025-2026 Legislative Session

Prohibits certain predatory automated teller machine fees

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Current Bill Status - In Senate Committee Consumer Protection Committee

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2025-A6766 (ACTIVE) - Details

See Senate Version of this Bill:
S6695
Current Committee:
Senate Consumer Protection
Law Section:
General Business Law
Laws Affected:
Add §399-y-2, Gen Bus L

2025-A6766 (ACTIVE) - Summary

Prohibits predatory automated teller machine fees at casinos and colleges.

2025-A6766 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6766
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 12, 2025
                                ___________
 
 Introduced  by M. of A. VANEL -- read once and referred to the Committee
   on Banks
 
 AN ACT to amend the general business law,  in  relation  to  prohibiting
   predatory automated teller machine fees at casinos and colleges
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The general business law is amended by adding a new section
 399-y-2 to read as follows:
   § 399-Y-2. PREDATORY AUTOMATED TELLER MACHINE FEES PROHIBITED. 1.  FOR
 THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOW-
 ING MEANINGS:
   A.  "AUTOMATED  TELLER MACHINE" SHALL MEAN AN AUTOMATED TELLER MACHINE
 AS DEFINED IN SECTION THREE HUNDRED NINETY-NINE-Y-ONE OF THIS ARTICLE.
   B. "CASINO" SHALL MEAN A CASINO AS DEFINED  IN  SECTION  ONE  THOUSAND
 THREE HUNDRED ONE OF THE RACING, PARI-MUTUEL WAGERING AND BREEDING LAW.
   C.  "COLLEGE"  SHALL  MEAN  A COLLEGE AS DEFINED IN SECTION TWO OF THE
 EDUCATION LAW THAT IS LOCATED WITHIN THE STATE OF NEW YORK.
   2. NO CASINO OR COLLEGE MAY KNOWINGLY HAVE LOCATED ON ITS PREMISES  AN
 AUTOMATED TELLER MACHINE WHICH CHARGES A CONSUMER A FEE OR SURCHARGE FOR
 A FINANCIAL TRANSACTION EXCEEDING A MONETARY AMOUNT TO BE ESTABLISHED BY
 THE  SUPERINTENDENT OF THE DEPARTMENT OF FINANCIAL SERVICES THAT IS FAIR
 AND REASONABLE TO CONSUMERS  AND  CONSISTENT  WITH  PREVAILING  INDUSTRY
 NORMS  AND  STANDARDS. THE SUPERINTENDENT OF THE DEPARTMENT OF FINANCIAL
 SERVICES MAY PERIODICALLY REVIEW AND ADJUST SUCH MONETARY AMOUNT.
   3. WHERE A CASINO OR COLLEGE RECEIVES A COMPLAINT FROM A CONSUMER THAT
 AN AUTOMATED TELLER MACHINE LOCATED ON THE PREMISES OF  SUCH  CASINO  OR
 COLLEGE  IS  CHARGING  A  FEE OR SURCHARGE EXCEEDING THE MONETARY AMOUNT
 ESTABLISHED PURSUANT TO SUBDIVISION TWO OF THIS SECTION, SUCH CASINO  OR
 COLLEGE  SHALL  BE  DEEMED  TO  HAVE  KNOWLEDGE THAT AN AUTOMATED TELLER
 MACHINE IS CHARGING A FEE OR SURCHARGE EXCEEDING SUCH MONETARY AMOUNT ON
 THE PREMISES OF SUCH CASINO OR COLLEGE.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10931-01-5

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