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Assembly Bill A9966

2015-2016 Legislative Session

Requires automated teller machine operators to install global positioning systems within each machine

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Archive: Last Bill Status - In Assembly Committee

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2015-A9966 (ACTIVE) - Details

Current Committee:
Assembly Banks
Law Section:
General Business Law
Laws Affected:
Add ยง399-y-2, Gen Bus L
Versions Introduced in 2013-2014 Legislative Session:
A5941

2015-A9966 (ACTIVE) - Summary

Requires automated teller machine operators to install global positioning systems within each machine.

2015-A9966 (ACTIVE) - Bill Text download pdf 

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

                                  9966

                          I N  A S S E M B L Y

                               May 2, 2016
                               ___________

Introduced  by  M.  of  A.  RICHARDSON  -- read once and referred to the
  Committee on Banks

AN ACT to amend the general business law, in relation to requiring auto-
  mated teller machine operators to install global  positioning  systems
  within each machine

  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:
  S 399-Y-2. AUTOMATED TELLER MACHINE; GLOBAL POSITIONING SYSTEM INSTAL-
LATION. 1. FOR THE PURPOSES OF THIS SECTION, "AUTOMATED  TELLER  MACHINE
OPERATOR" SHALL MEAN ANY PERSON WHO OPERATES AN AUTOMATED TELLER MACHINE
AT  WHICH  CONSUMERS  MAY MAKE FINANCIAL TRANSACTIONS, INCLUDING BUT NOT
LIMITED TO DEPOSITS, WITHDRAWALS, BALANCE INQUIRIES, AND LOAN  PAYMENTS;
AND IS NOT THE FINANCIAL INSTITUTION WHICH HOLDS THE ACCOUNT ACCESSED BY
THE CONSUMER TO MAKE THE FINANCIAL TRANSACTION.
  2.  AN  AUTOMATED  TELLER MACHINE OPERATOR SHALL ENSURE THAT ANY AUTO-
MATED TELLER MACHINE LOCATED ON SUCH  OPERATOR'S  PREMISES  IS  EQUIPPED
WITH A GLOBAL POSITIONING SYSTEM.
  3.  THE  AUTOMATED TELLER MACHINE OPERATOR SHALL ALSO ENSURE THAT SUCH
AUTOMATED TELLER MACHINE DISPLAYS A STICKER INDICATING THAT SUCH MACHINE
IS EQUIPPED WITH A GLOBAL POSITIONING SYSTEM DEVICE.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08641-01-5

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