Bill Text: NY S05669 | 2025-2026 | General Assembly | Introduced

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Bill Title: Prohibits imposing surcharges on automated teller machines located on state university of New York or city university of New York property.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2025-02-27 - REFERRED TO BANKS [S05669 Detail]

Download: New_York-2025-S05669-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          5669

                               2025-2026 Regular Sessions

                    IN SENATE

                                    February 27, 2025
                                       ___________

        Introduced  by  Sen. SANDERS -- 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  banks  from
          imposing  surcharge  fees  at  automated  teller machines located at a
          state university or a city university

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1.  The banking law is amended by adding a new section 9-uu to
     2  read as follows:
     3    §  9-uu. Special provisions relating to automated teller machine fees.
     4  1. A "banking institution" for purposes of this section  means  a  bank,
     5  trust  company,  savings  bank,  savings  and loan association, licensed
     6  foreign bank or credit union.
     7    2.  All banking institutions which use, own or lease automated  teller
     8  machine  facilities located on property owned by the state university of
     9  New York or the city university of New York  shall  be  prohibited  from
    10  charging surcharge fees at such automated teller machines.
    11    §  2.  This  act shall take effect on the ninetieth day after it shall
    12  have become a law.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10385-01-5