Relates to prohibited unlicensed activities
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “Relates to prohibited unlicensed activities” Read the full text
Senate
What it does
Provides that persons engaged in activity for which a license or other authorization from the superintendent of financial services is required under the banking law or financial services law will be subject to a civil penalty.
Summary from the sponsor's memo in the official legislative record, shown verbatim. Not legal advice.
Where it is
REFERRED TO RULES · Jun 9, 2025
Senate
ORDERED TO THIRD READING CAL.1945 · Jun 12, 2025
Senate
PASSED SENATE · Jun 12, 2025
Senate
DELIVERED TO ASSEMBLY · Jun 12, 2025
Senate
REFERRED TO WAYS AND MEANS · Jun 12, 2025
Assembly
SUBSTITUTED FOR A8804 · Jun 13, 2025
Assembly
ORDERED TO THIRD READING RULES CAL.696 · Jun 13, 2025
Assembly
PASSED ASSEMBLY · Jun 13, 2025
Assembly
RETURNED TO SENATE · Jun 13, 2025
Assembly
DELIVERED TO GOVERNOR · Dec 1, 2025
Senate
SIGNED CHAP.610 · Dec 5, 2025
Senate
The numbers
1
sponsor on the bill
Sponsors
Liz Krueger
Recorded votes
Recorded voteSenate · 2025-06-12 · EXC 4, AYE 59
Recorded voteSenate · 2025-06-12 · EXC 1, AYEWR 2, AYE 18
Roll-call results shown verbatim from the New York legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Who is lobbying on this
PAYPAL, INC.via BARRETT ASSOCIATES
4 filingsAmerican Innovators Networkvia THE PARKSIDE GROUP LLC
2 filingsAmerican Innovators Networkvia JENKINS, PATRICK B. & ASSOCIATES
1 filingCORRECTIONAL OFFICERS AND POLICE BENEVOLENT ASSOCIATION, INC. (NYS)via LIPPES MATHIAS LLP
1 filingLIFE INSURANCE COUNCIL OF NEW YORK, INC.via LIFE INSURANCE COUNCIL OF NEW YORK, INC.
1 filingNEW YORK BANKERS ASSOCIATION INC.via SHENKER RUSSO & CLARK LLP
1 filingVERA INSTITUTE OF JUSTICE, INC.via VERA INSTITUTE OF JUSTICE, INC.
1 filingFrom 11 filings in New York State lobbying disclosures (COELIG), via data.ny.gov, naming this bill (2025). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.
Nothing on this page shows why any vote was cast. Recorded votes and lobbying filings are separate official records, self-reported by different parties, and neither explains the other.
Every fact on this page links to its source, starting with the official bill record. Last action: Signed by Governor (Dec 5, 2025).