Comments: NY A09561 | 2023-2024 | General Assembly

Bill Title: Enacts the "the empire state enhanced public payment system act" directing the department of financial services to develop, establish, and maintain a value storage and payment platform consisting of a digital master account and coordinate a system of individual wallets that enable payments to move between such individual wallets or payment accounts for use of New York residents.

Spectrum: Moderate Partisan Bill (Democrat 5-1)

Status: (Introduced) 2024-03-20 - referred to banks [A09561 Detail]

Text: Latest bill text (Introduced) [HTML]

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