S T A T E   O F   N E W   Y O R K
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                                  1693

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             January 9, 2009
                               ___________

Introduced  by  M. of A. DINOWITZ, GREENE, KELLNER -- Multi-Sponsored by
  -- M. of A. ALFANO, BARRA, COLTON, WALKER -- read once and referred to
  the Committee on Banks

AN ACT to amend the banking law, in relation to  ensuring  that  account
  numbers are not printed on receipts from banks

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1.  The banking law is amended by adding a new section 9-v  to
read as follows:
  S 9-V. BANK RECEIPTS; PRINTING OF COMPLETE ACCOUNT NUMBERS PROHIBITED.
1.  NO  BANK,  CREDIT  UNION,  TRUST  COMPANY, SAVINGS BANK, OR STATE OR
FEDERAL SAVINGS AND LOAN ASSOCIATION HAVING AS ITS PURPOSE OR AMONG  ITS
PURPOSES  THE  CONDUCTING  OF  FINANCIAL  TRANSACTIONS  WITH  CUSTOMERS,
INCLUDING BUT NOT LIMITED TO WITHDRAWALS AND DEPOSITS, SHALL PRINT  UPON
ANY  RECEIPT  PROVIDED TO THE CUSTOMER MORE THAN THE LAST FIVE DIGITS OF
ANY BANK ACCOUNT OR MORE THAN THE LAST FIVE DIGITS OF THE CHARGE, CREDIT
OR DEBIT CARD ACCOUNT NUMBER USED IN A TRANSACTION.
  2. THIS SECTION SHALL APPLY ONLY TO RECEIPTS THAT  ARE  ELECTRONICALLY
PRINTED  AND  SHALL NOT APPLY TO TRANSACTIONS IN WHICH THE SOLE MEANS OF
RECORDING THE CUSTOMER'S ACCOUNT NUMBER IS BY HANDWRITING.
  3. THE PROVISIONS OF THIS SECTION SHALL APPLY TO ALL BANK MACHINES  OR
OTHER  DEVICES  WHICH ELECTRONICALLY PRINT RECEIPTS FOR FINANCIAL TRANS-
ACTIONS, INCLUDING AUTOMATED  TELLER  MACHINES  AS  DEFINED  IN  SECTION
SEVENTY-FIVE-B  OF  THIS CHAPTER, THAT ARE PLACED IN SERVICE ON OR AFTER
JANUARY FIRST, TWO THOUSAND TEN.
  4. FOR ALL BANK MACHINES OR OTHER DEVICES  THAT  ELECTRONICALLY  PRINT
RECEIPTS  FOR  FINANCIAL TRANSACTIONS IN SERVICE PRIOR TO JANUARY FIRST,
TWO THOUSAND TEN, THE PROVISIONS OF THIS SECTION SHALL NOT  APPLY  UNTIL
JANUARY FIRST, TWO THOUSAND THIRTEEN.
  5.  A  BANK,  CREDIT  UNION,  TRUST COMPANY, SAVINGS BANK, OR STATE OR
FEDERAL SAVINGS AND LOAN ASSOCIATION WHO VIOLATES THIS SECTION SHALL  BE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02758-01-9
              

A. 1693                             2

GIVEN NOTICE WITH SPECIFICITY OF SUCH VIOLATION AND BE GRANTED TWO WEEKS
TO  CORRECT  SUCH  VIOLATION  IN  ITS ENTIRETY. IF SUCH VIOLATION IS NOT
CORRECTED IN ITS ENTIRETY AT  THE  END  OF  SUCH  TWO-WEEK  PERIOD,  THE
VIOLATION  SHALL  BE  PUNISHABLE  BY  A  CIVIL  PENALTY  OF FIVE HUNDRED
DOLLARS, AND THE VIOLATOR SHALL BE GRANTED AN  ADDITIONAL  ONE  WEEK  IN
WHICH  TO  CORRECT  SUCH VIOLATION IN ITS ENTIRETY. IF SUCH VIOLATION IS
NOT CORRECTED IN ITS ENTIRETY AT THE END OF SUCH ONE-WEEK  PERIOD,  SUCH
VIOLATION SHALL BE PUNISHABLE BY A CIVIL PENALTY OF ONE THOUSAND DOLLARS
PER  WEEK  UNTIL SUCH VIOLATION IS CORRECTED IN ITS ENTIRETY. THE AGGRE-
GATE PENALTIES IMPOSED ON A BANK, CREDIT UNION, TRUST  COMPANY,  SAVINGS
BANK, OR STATE OR FEDERAL SAVINGS AND LOAN ASSOCIATION FOR VIOLATIONS OF
THIS  SECTION  SHALL  NOT  EXCEED FOUR THOUSAND FIVE HUNDRED DOLLARS FOR
VIOLATIONS OCCURRING ON THE SAME PREMISES.
  S 2. This act shall take effect January 1, 2010.