STATE OF NEW YORK ________________________________________________________________________ 6913 2017-2018 Regular Sessions IN SENATE October 13, 2017 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the financial services law, in relation to a public education program about the rights of consumers The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The financial services law is amended by adding a new arti- 2 cle 7 to read as follows: 3 ARTICLE 7 4 CREDIT REPORTING RIGHTS OUTREACH PROGRAM 5 Section 701. Credit reporting rights outreach program established. 6 § 701. Credit reporting rights outreach program established. (a) 7 There is hereby established within the department a credit reporting 8 rights outreach program to educate the public about the rights of citi- 9 zens of the state of New York under the federal Equal Credit Opportunity 10 Act. 11 (b) The superintendent shall submit on or before December first, an 12 annual report to the governor and the legislature concerning the opera- 13 tion of the credit reporting rights program. Commencing in two thousand 14 eighteen, such reports shall include the experience of the program in 15 providing outreach and education to the public on the issue of the 16 rights of citizens of the state of New York under the federal Equal 17 Credit Opportunity Act. 18 § 2. This act shall take effect on the ninetieth day after it shall 19 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13606-01-7