New York S 4302: Prohibits the state university of New York and the city university of New York from permitting any persons to solicit persons to become holders of credit cards unless credit education courses are provided

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S04302 Summary:

BILL NOS04302 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORPARKER

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add Art 17 §§9500 & 9501, Bank L; add §§355-f & 6204-b, Ed L

&nbsp

Prohibits the state university of New York and the city university of New York from permitting any persons to solicit persons to become holders of credit cards unless credit education courses are provided.

Go to top S04302 Actions:

BILL NOS04302 

&nbsp

02/04/2025REFERRED TO BANKS

01/07/2026REFERRED TO BANKS

Go to topS04302 Committee&nbspVotes:

Go to topS04302 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS04302 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4302

 2025-2026 Regular Sessions

 IN SENATE

 February 4, 2025
 ___________

 Introduced by Sen. PARKER -- read twice and ordered printed, and when
 printed to be committed to the Committee on Banks

 AN ACT to amend the banking law and the education law, in relation to
 prohibiting the state university of New York and the city university
 of New York from permitting any persons to solicit persons to become
 holders of credit cards unless credit education courses are provided

 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 article 17 to
 2 read as follows:
 3 ARTICLE XVII
 4 CREDIT CARD SOLICITATION; CREDIT EDUCATION COURSES
 5 Section 9500. Prohibition of soliciting persons to become credit card
 6 holders at the state university of New York unless cred-
 7 it education courses are provided.
 8 9501. Prohibition of soliciting persons to become credit card
 9 holders at the city university of New York unless credit
 10 education courses are provided.
 11 § 9500. Prohibition of soliciting persons to become credit card hold-
 12 ers at the state university of New York unless credit education courses
 13 are provided. The state university of New York shall not permit any
 14 person, including an issuer of credit cards, as defined in subdivision
 15 three of section five hundred eleven of the general business law, to
 16 solicit persons on the property of the state university of New York to
 17 become holders of credit cards, nor shall the state university of New
 18 York enter into any agreement allowing any person to solicit persons to
 19 become holders of credit cards through the state university of New York,
 20 unless such person offers and provides courses in credit education to
 21 students enrolled in the state university of New York. Such courses
 22 shall be given in accordance with rules and regulations to be promulgat-
 23 ed by the commissioner of education.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08276-01-5

 S. 4302 2

 1 § 9501. Prohibition of soliciting persons to become credit card hold-
 2 ers at the city university of New York unless credit education courses
 3 are provided. The city university of New York shall not permit any
 4 person, including an issuer of credit cards, as defined in subdivision
 5 three of section five hundred eleven of the general business law, to
 6 solicit persons on the property of the city university of New York to
 7 become holders of credit cards, nor shall the city university of New
 8 York enter into any agreement allowing any person to solicit persons to
 9 become holders of credit cards through the city university of New York,
 10 unless such person offers and provides courses in credit education to
 11 students enrolled in the city university of New York. Such courses shall
 12 be given in accordance with rules and regulations to be promulgated by
 13 the commissioner of education.
 14 § 2. The education law is amended by adding a new section 355-f to
 15 read as follows:
 16 § 355-f. Prohibition of soliciting persons to become credit card hold-
 17 ers unless credit education courses are provided. The state university
 18 of New York shall not permit any person, including an issuer of credit
 19 cards, as defined in subdivision three of section five hundred eleven of
 20 the general business law, to solicit persons on the property of the
 21 state university of New York