S T A T E O F N E W Y O R K
________________________________________________________________________
2247
2011-2012 Regular Sessions
I N A S S E M B L Y
January 14, 2011
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Introduced by M. of A. P. RIVERA, V. LOPEZ, RAMOS -- Multi-Sponsored by
-- M. of A. BRENNAN, HEASTIE, HIKIND, ORTIZ, PERRY, J. RIVERA,
N. RIVERA, TOWNS -- read once and referred to the Committee on Banks
AN ACT to amend the banking law, in relation to requiring banking organ-
izations to accept the Matricula consular identification card issued
by the Consulate General of the United Mexican States and the Tarjeta
consular identification card issued by the Consulate General of the
Republic of Ecuador as a valid form of identification for all banking
transactions
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Legislative intent. The legislature hereby finds that there
are now over 300,000 Mexican-Americans and many Ecuadorian-Americans
living in this state. By allowing banks to accept the Matricula consular
and Tarjeta consular identification cards, the Mexican and Ecuadorian
communities will be able to open bank accounts and to carry out finan-
cial transactions. This act allows the growing Mexican and Ecuadorian
communities to have access to all banking operations and financial
services offered, including checking, investment and savings accounts,
loans and bank transfers. The growing financial strength and increased
purchasing power of the Mexican and Ecuadorian communities has been seen
as a great business opportunity by strategic planners in several large
United States banks. They have voluntarily decided to allow the use of
the stated identification for banking purposes. However, in New York,
this change has not come about. As a result, these residents are
encountering difficult situations in their attempts to create normal
relationships with financial institutions. This reality translates into
difficulties with managing their personal and household finances and
their access to credit, loans and mortgages, to name a few of the prob-
lems.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00044-01-1
A. 2247 2
S 2. The banking law is amended by adding a new section 4-d to read as
follows:
S 4-D. MATRICULA CONSULAR AND TARJETA CONSULAR IDENTIFICATION; VALID
FORMS OF IDENTIFICATION. EVERY BANKING ORGANIZATION SHALL ACCEPT, AS A
VALID FORM OF IDENTIFICATION FOR ALL BANKING TRANSACTIONS, THE MATRICULA
CONSULAR IDENTIFICATION CARD ISSUED BY THE OFFICE OF THE CONSULATE
GENERAL OF THE GOVERNMENT OF THE UNITED MEXICAN STATES IN THIS STATE OR
THE TARJETA CONSULAR IDENTIFICATION CARD ISSUED BY THE OFFICE OF THE
CONSULATE GENERAL OF THE GOVERNMENT OF THE REPUBLIC OF ECUADOR IN THIS
STATE.
S 3. This act shall take effect immediately.