Shown verbatim: the complete text as captured from the official source posted by the New York State Senate, fetched 2026-08-11. Nothing is edited or removed. Where this bill amends existing law, language marked for deletion in the official source appears here in brackets. The official bill page.
S T A T E O F N E W Y O R K
________________________________________________________________________
6870
2025-2026 Regular Sessions
I N A S S E M B L Y
March 14, 2025
___________
Introduced by M. of A. HUNTER -- read once and referred to the Committee
on Banks
AN ACT to amend chapter 591 of the laws of 2001, amending the banking
law relating to limiting the check cashing exemption for national
banks and other regulated entities, in relation to the effectiveness
thereof
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 2 of chapter 591 of the laws of 2001 amending the
banking law relating to limiting the check cashing exemption for
national banks and other regulated entities, as amended by chapter 274
of the laws of 2023, is amended to read as follows:
§ 2. This act shall take effect immediately and shall expire and be
deemed repealed August 1, [2025] 2027.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10849-01-5Every fact on this page links to its source, starting with the official bill record.