| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| May 31, 2012 | reported referred to codes |
| May 16, 2012 | print number 1394a |
| May 16, 2012 | amend (t) and recommit to banks |
| Jan 04, 2012 | referred to banks |
| Jan 05, 2011 | referred to banks |
Archive: Last Bill Status - In Assembly Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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Bill Amendments
A1394 - Details
A1394 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
1394
2011-2012 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 5, 2011
___________
Introduced by M. of A. ORTIZ -- read once and referred to the Committee
on Banks
AN ACT to amend the banking law, in relation to a financial consumer
bill of rights
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. FINANCIAL CONSUMER BILL OF RIGHTS. 1. THE LEGISLATURE FINDS AND
DECLARES THAT CERTAIN CONSUMERS RESIDING IN THIS STATE MAY NOT BE AWARE
OF THEIR RIGHTS AS FINANCIAL CONSUMERS. IT IS THE POLICY OF THIS STATE,
CONSISTENT WITH SAFE AND SOUND BANKING PRACTICES, THAT BANKING INSTI-
TUTIONS DISCLOSE INFORMATION REGARDING WHERE CONSUMERS CAN FILE
COMPLAINTS IF A CONSUMER IS NOT SATISFIED WITH THE SERVICES A BANKING
INSTITUTION PROVIDES.
2. EVERY BANKING INSTITUTION SHALL POST IN A PUBLIC AREA OF ITS OFFICE
THE NEW YORK STATE BANKING DEPARTMENT'S TOLL FREE CONSUMER'S HOTLINE
NUMBER ALONG WITH ITS PURPOSE. EVERY BANKING INSTITUTION SHALL ALSO
POST IN A PUBLIC AREA OF ITS OFFICE THE RIGHTS AN ACCOUNT HOLDER HAS AS
DETERMINED BY THE SUPERINTENDENT PURSUANT TO SUBDIVISION THREE OF THIS
SECTION.
3. THE SUPERINTENDENT SHALL DETERMINE AND PROMULGATE THE CONTENTS OF A
NOTICE SETTING FORTH THE RIGHTS OF FINANCIAL CONSUMERS FOR PURPOSES OF
THIS SECTION.
4. AS USED IN THIS SECTION:
(A) "FINANCIAL CONSUMER" MEANS ANY PERSON WHO HOLDS AN ACCOUNT IN A
BANKING INSTITUTION PRIMARILY FOR PERSONAL, FAMILY, OR HOUSEHOLD
PURPOSES.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03693-01-1
A1394A (ACTIVE) - Details
A1394A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
1394--A
2011-2012 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 5, 2011
___________
Introduced by M. of A. ORTIZ -- read once and referred to the Committee
on Banks -- recommitted to the Committee on Banks in accordance with
Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee
AN ACT to amend the banking law, in relation to requiring posting notice
of the department of financial services toll free consumer's hotline
telephone number
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The opening paragraph of subdivision 8 of section 14-f of
the banking law is designated paragraph (a) and a new paragraph (b) is
added to read as follows:
(B) WHERE A BANKING INSTITUTION POSTS IN THE PUBLIC AREA OF ITS
OFFICES THE NOTICES FOR INFORMATION REQUIRED IN PARAGRAPH (A) OF THIS
SUBDIVISION, IT SHALL ALSO POST EQUALLY CONSPICUOUS NOTICE IN SUCH
PUBLIC AREAS AND IN THE SAME MANNER, OF THE DEPARTMENT'S TOLL FREE
CONSUMER'S HOTLINE TELEPHONE NUMBER, WHERE CONSUMERS CAN FILE COMPLAINTS
IF A CONSUMER IS NOT SATISFIED WITH THE SERVICES A BANKING INSTITUTION
PROVIDES.
S 2. This act shall take effect on the one hundred twentieth day after
it shall have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03693-02-2