Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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---|---|
Jan 08, 2020 |
referred to consumer protection |
Jan 14, 2019 |
referred to consumer protection |
Senate Bill S1404
2019-2020 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Consumer Protection Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2019-S1404 (ACTIVE) - Details
2019-S1404 (ACTIVE) - Summary
Establishes issuers of credit cards and debit cards are prohibited from knowingly accepting or soliciting personal financial information of a cardholder from a third-party; establishes a civil penalty not to exceed two thousand dollars for each violation of this section.
2019-S1404 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1404 SPONSOR: CARLUCCI TITLE OF BILL: An act to amend the general business law, in relation to prohibiting issuers from accepting nonpublic personal information of holders from a third-party PURPOSE: This bill would prohibit card issuers from accepting or soliciting nonpublic personal information about a cardholder from a person other than the card holder. SUMMARY OF PROVISIONS: Section one of this bill adds a new Section 518-b to the General Busi- ness Law, which would prohibit issuers of credit cards and debit cards from accepting or soliciting the nonpublic personal information of a cardholder from a person other than the card holder, while allowing for
2019-S1404 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1404 2019-2020 Regular Sessions I N S E N A T E January 14, 2019 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Consumer Protection AN ACT to amend the general business law, in relation to prohibiting issuers from accepting nonpublic personal information of holders from a third-party 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 518-b to read as follows: § 518-B. PROHIBITED CREDIT CARD USER INFORMATION REQUESTS. 1. ISSUERS OF CREDIT CARDS AND DEBIT CARDS ARE PROHIBITED FROM ACCEPTING OR SOLIC- ITING THE NONPUBLIC PERSONAL INFORMATION OF A HOLDER FROM A THIRD-PARTY. PROVIDED, HOWEVER, THAT NO PROVISION OF THIS SECTION SHALL BE DEEMED TO PROHIBIT AN ISSUER OF A CREDIT CARD OR DEBIT CARD FROM ACCEPTING OR SOLICITING FROM A BANKING ORGANIZATION, AS DEFINED IN SECTION TWO OF THE BANKING LAW, THE NONPUBLIC PERSONAL INFORMATION OF A HOLDER FOR THE PURPOSE OF VERIFYING THE IDENTITY OF SUCH HOLDER AND PREVENTING IMPROPER OR UNAUTHORIZED USE. 2. NONPUBLIC PERSONAL INFORMATION SHALL HAVE THE SAME MEANING AS IN 15 U.S.C. § 6809(4). 3. THIS SECTION SHALL NOT PROHIBIT THE DISCLOSURE OF NONPUBLIC PERSONAL INFORMATION TO A THIRD PARTY: (A) AS NECESSARY TO EFFECT, ADMINISTER, OR ENFORCE A TRANSACTION REQUESTED OR AUTHORIZED BY THE CONSUMER; (B) IN ORDER TO SERVICE OR PROCESS A FINANCIAL PRODUCT OR SERVICE REQUESTED OR AUTHORIZED BY THE CONSUMER; (C) IN ORDER TO MAINTAIN OR SERVICE THE CONSUMER'S ACCOUNT HELD BY THE ISSUER OF THE CREDIT OR DEBIT CARD; OR (D) TO PROTECT AGAINST OR PREVENT ACTUAL OR POTENTIAL FRAUD, UNAUTHOR- IZED TRANSACTIONS, CLAIMS, OR OTHER LIABILITY. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06487-01-9
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