Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 10, 2022 |
signed chap.493 |
Aug 09, 2022 |
delivered to governor |
May 24, 2022 |
returned to senate passed assembly ordered to third reading rules cal.343 substituted for a9338 |
May 24, 2022 |
substituted by s8318 |
May 23, 2022 |
ordered to third reading rules cal.343 rules report cal.343 reported |
May 17, 2022 |
reported referred to rules |
May 10, 2022 |
reported referred to ways and means |
Feb 23, 2022 |
referred to banks |
Assembly Bill A9338
Signed By Governor2021-2022 Legislative Session
Sponsored By
EICHENSTEIN
Archive: Last Bill Status Via S8318 - Signed by Governor
- 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
Votes
co-Sponsors
David Weprin
William Colton
2021-A9338 (ACTIVE) - Details
- See Senate Version of this Bill:
- S8318
- Law Section:
- Banking Law
- Laws Affected:
- Add §18-b, Bank L
2021-A9338 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9338 I N A S S E M B L Y February 23, 2022 ___________ Introduced by M. of A. EICHENSTEIN -- read once and referred to the Committee on Banks AN ACT to amend the banking law, in relation to waivers for wire trans- fer or processing fees associated with Holocaust reparations payments THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The banking law is amended by adding a new section 18-b to read as follows: § 18-B. HOLOCAUST REPARATIONS PAYMENT FEES. 1. FOR THE PURPOSES OF THIS SECTION, "VICTIMS OR TARGETS OF NAZI PERSECUTION" MEANS ANY INDI- VIDUAL, CORPORATION, PARTNERSHIP, SOLE PROPRIETORSHIP, UNINCORPORATED ASSOCIATION, COMMUNITY, CONGREGATION, GROUP, ORGANIZATION, OR OTHER ENTITY PERSECUTED OR TARGETED FOR PERSECUTION BY THE NAZI REGIME BECAUSE OF RACE, RELIGION, ETHNICITY, SEXUAL ORIENTATION, NATIONAL ORIGIN, OR PHYSICAL OR MENTAL DISABILITY OR HANDICAP, OR THE HEIRS, SUCCESSORS, ADMINISTRATORS, EXECUTORS, AFFILIATES, OR ASSIGNEES OF SUCH VICTIMS OR TARGETS, OR ANY OTHER CLAIMANT RECEIVING FUNDS FROM AN ELIGIBLE SETTLE- MENT FUND, OR FROM AN ELIGIBLE GRANTOR TRUST ESTABLISHED FOR THE BENEFIT OF SUCH VICTIMS OR TARGETS. AN ELIGIBLE SETTLEMENT FUND IS AN ENTITY THAT IS TREATED FOR FEDERAL INCOME TAX PURPOSES AS A DESIGNATED OR QUAL- IFIED SETTLEMENT FUND, AS SUCH TERM IS DEFINED IN SECTION 468B OF THE INTERNAL REVENUE CODE AND THE REGULATIONS THEREUNDER, WHICH IS ESTAB- LISHED FOR THE PRINCIPAL PURPOSE OF RESOLVING AND SATISFYING CLAIMS ARISING FROM OR IN CONNECTION WITH ANY ACT OR OMISSION IN ANY WAY RELAT- ING TO THE HOLOCAUST, WORLD WAR II AND ITS PRELUDE AND AFTERMATH, VICTIMS OR TARGETS OF NAZI PERSECUTION, TRANSACTIONS WITH OR ACTIONS OF THE NAZI REGIME, OR TREATMENT OF REFUGEES FLEEING NAZI PERSECUTION BY OR IN THE SWISS CONFEDERATION. AN ELIGIBLE GRANTOR TRUST IS A GRANTOR TRUST WHICH IS ESTABLISHED FOR THE PRINCIPAL PURPOSE OF RESOLVING AND SATISFY- ING SUCH CLAIMS. 2. THE SUPERINTENDENT SHALL MAINTAIN AND ANNUALLY UPDATE A LIST OF BANKS AND OTHER FINANCIAL INSTITUTIONS DOING BUSINESS IN THE STATE THAT VOLUNTARILY WAIVE WIRE TRANSFER FEES AND OTHER PROCESSING FEES IMPOSED FOR AUTOMATED DEPOSITS OR TRANSFERS OF AMOUNTS RECEIVED (INCLUDING ACCU- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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