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Assembly Bill A1476

2023-2024 Legislative Session

Directs the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports

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Archive: Last Bill Status - In Senate Committee Banks Committee

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2023-A1476 (ACTIVE) - Details

See Senate Version of this Bill:
S6805
Current Committee:
Senate Banks
Law Section:
Banking Law
Laws Affected:
Amd §371, Bank L
Versions Introduced in Other Legislative Sessions:
2011-2012: A6763
2013-2014: A913
2015-2016: A3178
2017-2018: A5471
2019-2020: A3915
2021-2022: A8919
2025-2026: A1515, S3698

2023-A1476 (ACTIVE) - Summary

Directs the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports.

2023-A1476 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1476
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 17, 2023
                                ___________
 
 Introduced  by  M. of A. WEPRIN, SIMON -- Multi-Sponsored by -- M. of A.
   BRONSON, GOODELL, McDONOUGH -- read once and referred to the Committee
   on Banks
 
 AN ACT to amend the banking law, in relation to requiring licensed cash-
   ers of checks to file suspicious activity reports

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 371 of the banking law, as added by chapter 151 of
 the laws of 1945, is amended to read as follows:
   § 371.  Regulations.  The  superintendent  is  hereby  authorized  and
 empowered to make such rules and regulations, and such specific rulings,
 demands,  and  findings  as  he OR SHE may deem necessary for the proper
 conduct of the business  authorized  and  licensed  under  and  for  the
 enforcement  of  this  article,  in addition hereto and not inconsistent
 herewith.  SUCH RULES, REGULATIONS, RULINGS, DEMANDS AND FINDINGS  SHALL
 INCLUDE,  BUT NOT BE LIMITED TO, REQUIRING LICENSED CASHERS OF CHECKS TO
 FILE SUSPICIOUS ACTIVITY REPORTS.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01452-01-3

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