New York A 5031: Establishes standards for the closure of banking accounts in the state of New York
Status: AMENDED ON THIRD READING 5031B (as of 2026-03-12)
State: New York · Session: 2025-2026 · Bill: A 5031
Sponsors: Jonathan Jacobson, Al Taylor, Alicia Hyndman, Amanda Septimo, Angelo Santabarbara, Chris Burdick, Deborah Glick, Erik Dilan, Karines Reyes, Maritza Davila, Nader Sayegh, Nikki Lucas, Phil Steck, Rebecca Seawright
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 Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript A05031 Summary: BILL NOA05031B   SAME ASNo Same As   SPONSORJacobson   COSPNSRLucas, Hyndman, Taylor, Santabarbara, Glick, Dilan, Sayegh, Septimo, Davila, Steck, Reyes, Burdick, Seawright   MLTSPNSR   Add §9-ii, Bank L   Establishes standards for the closure of bank accounts in the state of New York to include providing notice of closure and the return of funds to account owners. Go to top A05031 Actions: BILL NOA05031B   02/11/2025referred to banks 05/14/2025amend and recommit to banks 05/14/2025print number 5031a 05/19/2025reported referred to rules 06/06/2025reported 06/06/2025rules report cal.434 06/06/2025ordered to third reading rules cal.434 06/09/2025passed assembly 06/09/2025delivered to senate 06/09/2025REFERRED TO RULES 01/07/2026DIED IN SENATE 01/07/2026RETURNED TO ASSEMBLY 01/07/2026ordered to third reading cal.134 03/12/2026amended on third reading 5031b Go to topA05031 Committee Votes: Committee:BANKS Chair:Vanel DATE:05/19/2025AYE/NAY:27/0 Action: Favorable refer to committee Rules VanelAyeBolognaAye WeprinExcusedMikulinAye TaylorAyeSmullenAye SternAyeFitzpatrickAye SayeghAyeLemondesAye BurkeExcusedDiPietroAye AndersonAyeChangAye MitaynesAyeChludzinskiAye SeptimoExcusedMolitorAye TapiaAye De Los SantosAye CunninghamAye LeeAye RagaAye BurdickAye DaisAye JacksonAye TorresAye HooksAye WiederAye WrightExcused YegerAye Committee:RULES Chair:Pretlow DATE:06/06/2025AYE/NAY:27/0 Action: Favorable HeastieExcusedBarclayAye PretlowAyeHawleyAye CookAyeBlankenbushAye GlickExcusedRaAye DinowitzAyeBrabenecAye ColtonAyePalmesanoAye MagnarelliExcusedReillyAye PaulinAyeSmithExcused Peoples-StokesAyeJensenAye BenedettoAye LavineAye LupardoAye BraunsteinAye DavilaAye HyndmanAye RozicAye BronsonAye HevesiAye HunterAye TaylorAye CruzAye VanelAye Go to topA05031 Floor Votes: DATE:06/09/2025Assembly Vote YEA/NAY: 105/37Yes Alvarez Yes Carroll P No Friend Yes Lee Yes Peoples-Stokes ER Slater Yes Anderson Yes Carroll RC Yes Gallagher No Lemondes Yes Pheffer Amato No Smith Yes Angelino Yes Chandler-Waterm No Gallahan Yes Levenberg No Pirozzolo No Smullen No Bailey Yes Chang No Gandolfo Yes Lucas Yes Pretlow Yes Solages No Barclay Yes Chludzinski Yes Gibbs Yes Lunsford No Ra Yes Steck Yes ‡ Barrett Yes Clark No Giglio Yes Lupardo Yes Raga Yes Stern Yes Beephan Yes Colton Yes Glick Yes ‡ Magnarelli Yes Rajkumar Yes Stirpe Yes Bendett Yes Conrad Yes Gonzalez-Rojas No Maher Yes Ramos No Tague Yes Benedetto Yes Cook Yes Gray ER Mamdani Yes Reilly Yes Tannousis ER Berger Yes Cruz Yes Griffin No Manktelow Yes Reyes Yes Tapia Yes Bichotte Hermel Yes Cunningham No Hawley Yes McDonald Yes Rivera Yes Taylor No Blankenbush Yes Dais Yes Hevesi No ‡ McDonough Yes Romero Yes Torres No Blumencranz Yes Davila Yes Hooks Yes McMahon Yes Rosenthal Yes Valdez No Bologna Yes De Los Santos Yes Hunter Yes Meeks ER Rozic Yes Vanel Yes Bores No DeStefano Yes Hyndman No Mikulin Yes Santabarbara ER Walker No Brabenec Yes Dilan Yes Jackson No Miller Yes Sayegh No Walsh Yes Braunstein Yes Dinowitz Yes Jacobson Yes Mitaynes Yes Schiavoni Yes Weprin Yes Bronson No DiPietro No Jensen No Molitor Yes Seawright Yes Wieder No Brook-Krasny No Durso Yes Jones No Morinello No Sempolinski ER Williams No Brown EA Yes Eachus Yes Kassay No Norber ER Septimo Yes Woerner Yes Brown K Yes Eichenstein Yes Kay No Novakhov Yes Shimsky ER Wright Yes Burdick Yes Epstein Yes Kelles Yes O'Pharrow Yes Shrestha Yes Yeger Yes Burke Yes Fall Yes Kim Yes Otis Yes Simon Yes Zaccaro Yes Burroughs No Fitzpatrick Yes Lasher No Palmesano Yes Simone Yes Zinerman Yes Buttenschon Yes Forrest Yes Lavine Yes Paulin No Simpson Yes M
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