assembly Bill A4534

2015-2016 Legislative Session

Increases number of withdrawal transactions from basic banking accounts for account holders sixty-five years of age or older from eight to twelve

download bill text pdf

Sponsored By

Archive: Last Bill Status - Stricken


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

Your Voice

do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

view actions (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 02, 2016 enacting clause stricken
recommitted to banks
Jan 06, 2016 ordered to third reading cal.182
returned to assembly
died in senate
Mar 02, 2015 referred to banks
delivered to senate
passed assembly
Feb 26, 2015 advanced to third reading cal.47
Feb 25, 2015 reported
Feb 03, 2015 referred to banks

Co-Sponsors

Multi-Sponsors

view additional multi-sponsors

A4534 (ACTIVE) - Details

See Senate Version of this Bill:
S6242
Current Committee:
Law Section:
Banking Law
Laws Affected:
Amd ยง14-f, Bank L
Versions Introduced in Other Legislative Sessions:
2009-2010: A3072, S5599
2011-2012: A3315, S3652
2013-2014: A3073, S6308
2017-2018: A7617, S2452
2019-2020: A1940, S2245

A4534 (ACTIVE) - Summary

Increases the number of authorized withdrawal transactions at no charge from basic banking accounts for account holders sixty-five years of age or older from eight to twelve.

A4534 (ACTIVE) - Bill Text download pdf

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

                                  4534

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            February 3, 2015
                               ___________

Introduced  by  M. of A. CLARK, COLTON, GLICK, ORTIZ, ABINANTI -- Multi-
  Sponsored by -- M. of A.  BRENNAN,  CYMBROWITZ,  DINOWITZ,  GOTTFRIED,
  MAGEE,  PERRY,  WRIGHT  --  read once and referred to the Committee on
  Banks

AN ACT to amend the banking law, in relation to the number of withdrawal
  transactions from a basic banking account

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

  Section 1. Paragraph (c) of subdivision 2 of section 14-f of the bank-
ing  law, as added by chapter 1 of the laws of 1994 and such subdivision
as further amended by section 104 of part A of chapter 62 of the laws of
2011, is amended to read as follows:
  (c) eight withdrawal transactions FOR ACCOUNT HOLDERS UNDER SIXTY-FIVE
YEARS OF AGE, AND TWELVE WITHDRAWAL  TRANSACTIONS  FOR  ACCOUNT  HOLDERS
SIXTY-FIVE YEARS OF AGE OR OLDER, including those conducted at electron-
ic  facilities, during any periodic cycle at no additional charge to the
account holder; and
  S 2. This act shall take effect on the sixtieth  day  after  it  shall
have become a law.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08625-01-5

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.