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Assembly Bill A2527

2023-2024 Legislative Session

Establishes the New York state digital payment application agency acceptance task force

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Archive: Last Bill Status - In Assembly Committee

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2023-A2527 (ACTIVE) - Details

Current Committee:
Assembly Governmental Operations
Law Section:
Financial Services
Versions Introduced in Other Legislative Sessions:
2017-2018: A9944
2019-2020: A1650
2021-2022: A3899

2023-A2527 (ACTIVE) - Summary

Establishes the New York state digital payment application agency acceptance task force to examine the possibility of offering such as a payment option for all moneys collected by state agencies from individuals.

2023-A2527 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2527
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 26, 2023
                                ___________
 
 Introduced  by M. of A. VANEL -- read once and referred to the Committee
   on Governmental Operations
 
 AN ACT establishing the New York state digital payment application agen-
   cy acceptance task force
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  1. The department of financial services is hereby author-
 ized to establish the New York state digital payment application  agency
 acceptance  task  force to provide the governor and the legislature with
 information  on  the  potential  effects  of  state  agencies  accepting
 payments via digital payment applications.
   2. The task force shall be comprised of:
   a. two members appointed by the governor;
   b. two members appointed by the temporary president of the senate;
   c. two members appointed by the speaker of the assembly;
   d. one member appointed by the minority leader of the senate;
   e. one member appointed by the minority leader of the assembly; and
   f. two members appointed by the superintendent of financial services.
   3. The task force shall:
   a.  identify  what  state  agencies collect payments from individuals,
 what such payments are collected for and  through  what  mechanism  such
 payments are currently permitted to be made through;
   b. examine and evaluate the availability, effectiveness, and trustwor-
 thiness  of  digital  payment applications including but not limited to,
 Venmo, PayPal, Zelle, Google Wallet, Squarecash, and Applepay;
   c. identify any state or federal agency that currently accepts digital
 payment application payments and evaluate the effectiveness of such; and
   d. make recommendations on how to effectively implement  the  practice
 of digital payment application acceptance by state agencies.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06217-01-3
 A. 2527                             2

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