Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Sep 15, 2021 |
enacting clause stricken |
May 24, 2021 |
reported referred to ways and means |
May 19, 2021 |
referred to banks |
Assembly Bill A7651
2021-2022 Legislative Session
Sponsored By
PICHARDO
Archive: Last Bill Status - Stricken
- 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
co-Sponsors
N. Nick Perry
2021-A7651 (ACTIVE) - Details
- Law Section:
- Financial Services
2021-A7651 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7651 2021-2022 Regular Sessions I N A S S E M B L Y May 19, 2021 ___________ Introduced by M. of A. PICHARDO -- read once and referred to the Commit- tee on Banks AN ACT in relation to directing the superintendent of financial services to study overdraft fees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The superintendent of financial services, or his or her designee, shall conduct a study of overdraft fees in the state. Such study shall examine, but not be limited to: (a) the total amount of overdraft fees paid in New York; (b) geographical distribution of such fees; (c) identify any communities that have high rates of overdraft fees and the possible reason for such high rates; (d) the percentage of overdraft fees reduced through direct or indi- rect negotiation; and (e) enumeration of consumer rights relating to fee negotiations. § 2. No later than twelve months after the effective date of this act, the superintendent of financial services, or his or her designee, shall deliver a report of the findings of the study conducted pursuant to section one of this act to the governor, the temporary president of the senate and the speaker of the assembly. Such report shall be posted on the department of financial services' website. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11576-01-1
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