Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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---|---|
May 23, 2025 |
referred to banks |
Senate Bill S8225
2025-2026 Legislative Session
Sponsored By
(D, WF) 47th Senate District
Current Bill Status - In Senate Committee Banks 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
co-Sponsors
(D, WF) 31st Senate District
2025-S8225 (ACTIVE) - Details
- Current Committee:
- Senate Banks
- Law Section:
- Banking Law
- Laws Affected:
- Add §9-aa, Bank L
- Versions Introduced in Other Legislative Sessions:
-
2019-2020:
S8616
2021-2022: S446
2023-2024: S2601
2025-S8225 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8225 SPONSOR: HOYLMAN-SIGAL TITLE OF BILL: An act to amend the banking law, in relation to prohibiting fees for electronic benefit transfer services SUMMARY OF PROVISIONS: Section 1 of the bill adds a new section 9-x to the Banking Law ("Elec- tronic benefit transfer services"). The new section 9-x prohibits banks from imposing any fee for electronic benefit transfer services attribut- able to use of an electronic benefit transfer card, and prohibits opera- tors or owners of ATMs from imposing any fee for benefit banking services attributable to the use of an electronic benefit transfer card, except for interchange fees. The new section 9-x defines "electronic benefit transfer card" to include cards issued to deliver unemployment insurance benefits, occupa- tional training act program benefits, adoption subsidy electronic payments, medical assistance benefits, food stamp assistance benefits, and other public benefits under a local, state or federal program admin-
2025-S8225 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8225 2025-2026 Regular Sessions I N S E N A T E May 23, 2025 ___________ Introduced by Sens. HOYLMAN-SIGAL, JACKSON -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to amend the banking law, in relation to prohibiting fees for electronic benefit transfer services 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 9-aa to read as follows: § 9-AA. ELECTRONIC BENEFIT TRANSFER SERVICES. 1. AS USED IN THIS SECTION: (A) "ELECTRONIC BENEFIT TRANSFER SERVICES" MEANS ANY SERVICE RELATING TO THE USE OF AN ELECTRONIC BENEFIT TRANSFER CARD INCLUDING DEPOSIT, WITHDRAWAL, DISBURSEMENT VIA ELECTRONIC FUND TRANSFER, CHECKS, OR OTHER MECHANISMS; RECONCILIATION; REPORTING; OR ELECTRONIC CASH MANAGEMENT FOR BENEFIT PROGRAMS; (B) "ELECTRONIC BENEFIT TRANSFER CARD" MEANS ANY CARD OR DEVICE ISSUED IN CONNECTION WITH THE ELECTRONIC BENEFIT TRANSFER SYSTEM ESTABLISHED IN SECTION TWENTY-ONE-A OF THE SOCIAL SERVICES LAW THAT ALLOWS INDIVIDUALS TO ACCESS PUBLIC ASSISTANCE OR BENEFIT FUNDS INCLUDING: (I) ANY MEDICAL ASSISTANCE CARD, FOOD STAMP ASSISTANCE CARD, PUBLIC ASSISTANCE CARD, OR ANY OTHER IDENTIFICATION, AUTHORIZATION CARD OR ELECTRONIC ACCESS DEVICE ISSUED BY THE STATE OR A SOCIAL SERVICES DISTRICT AS DEFINED IN SUBDIVISION SEVEN OF SECTION TWO OF THE SOCIAL SERVICES LAW WHICH ENTITLES A PERSON TO OBTAIN PUBLIC ASSISTANCE BENE- FITS UNDER A LOCAL, STATE OR FEDERAL PROGRAM ADMINISTERED BY THE STATE, ITS POLITICAL SUBDIVISIONS OR SOCIAL SERVICES DISTRICTS; OR (II) ANY UNEMPLOYMENT INSURANCE PROGRAM CARD, OCCUPATIONAL TRAINING ACT PROGRAM CARD, ADOPTION SUBSIDY ELECTRONIC PAYMENTS PROGRAM CARD, OR CARD ISSUED BY THE NEW YORK CHILD SUPPORT PROGRAM WHICH ENTITLES A PERSON TO RECEIVE FUNDS UNDER A LOCAL, STATE OR FEDERAL PROGRAM ADMINIS- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07254-02-5 S. 8225 2
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