Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 24, 2025 |
referred to consumer affairs and protection |
Assembly Bill A5865
2025-2026 Legislative Session
Sponsored By
STECK
Current Bill Status - In Assembly 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
2025-A5865 (ACTIVE) - Details
- Current Committee:
- Assembly Consumer Affairs And Protection
- Law Section:
- General Business Law
- Laws Affected:
- Amd §396-i, Gen Bus L
2025-A5865 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5865 2025-2026 Regular Sessions I N A S S E M B L Y February 24, 2025 ___________ Introduced by M. of A. STECK -- read once and referred to the Committee on Consumer Affairs and Protection AN ACT to amend the general business law, in relation to cash out requirements for prepaid debit cards THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 5-b of section 396-i of the general business law, as added by chapter 668 of the laws of 2021, is amended to read as follows: 5-b. A gift certificate, other than [an open loop gift certificate or] a promotional gift certificate, with a remaining value of less than [five] TEN dollars may be redeemed upon request for its cash value. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09659-02-5
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