|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Dec 07, 2018||signed chap.367|
|Nov 26, 2018||delivered to governor|
|Jun 18, 2018||returned to assembly|
3rd reading cal.1906
substituted for s9026
|Jun 18, 2018||substituted by a10157a|
ordered to third reading cal.1906
|Jun 14, 2018||referred to rules|
senate Bill S9026Signed By Governor
Archive: Last Bill Status Via - Signed by Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
S9026 - Details
- See Assembly Version of this Bill:
- Law Section:
S9026 - Summary
Directs the department of financial services to study the issue of ATMs that accept EVM-enabled chip cards to determine which measures may be necessary and proper to ensure that the cards and corresponding personal data and information of consumers is protected from falling into the hands of others.
S9026 - Sponsor Memo
BILL NUMBER: S9026 SPONSOR: COMRIE TITLE OF BILL: An act to direct the department of financial services to study consumer protection issues regarding ATMs that accept EVM-ena- bled chip cards PURPOSE OR GENERAL IDEA OF BILL: This bill would require the department of financial services to study the very important consumer protection issues associated with chip-ena- bled ATM's, which include the persistent and reoccurring issue of indi- viduals leaving their cards in the machines-specifically the ones that are designed to disburse the money first before printing a receipt and, lastly, finally releasing the card-which is often locked in the machine for the life of the transaction. SUMMARY OF PROVISIONS: Section 1 provides legislative intent outlining why the bill is neces- sary, timely and needed.
S9026 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9026 I N S E N A T E June 14, 2018 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to direct the department of financial services to study consumer protection issues regarding ATMs that accept EVM-enabled chip cards 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 and declares that the introduction of EVM-enabled chip cards to the general public has presented a unique public safety, consumer protection and personal identity protection issue with respect to ATMs that accept such cards. Due to the unique nature, construction and process sequencing of ATMs the consumer's card is regularly held fully in the machine until such time as the money is disbursed and a receipt is printed. In prac- tice, many consumers have reported that they regularly walk away once they have received the money and receipt and forget to wait for the card to be released from the ATM. In the event that people forget to retrieve their card, a host of negative outcomes may be visited upon consumers, including, without limitation: the card may be taken by another for the purposes of theft, larceny, fraud, identity assumption and other unlaw- ful purposes. The legislature further finds that this is an important public policy issue that bears study, research and scrutiny, as simple and viable alternatives may exist that can more proactively protect consumers, including requiring all newly installed ATMs which are EVM-chip enabled to release the card before disbursing cash or printing a receipt. § 2. For purposes of this act: (a) "EVM chip" means a data storage chip that implements the Europay, Mastercard and Visa technical standard; (b) "Chip card" means an automated teller machine card, credit card, or other form of secure-payment card with an EVM chip inset for the purposes of customer data storage; (c) "Dipping" means the insertion of a chip card into a card reader to enable customer data to be read off the EVM chip; and (d) "Department" means the department of financial services. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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