New York A 10770: Relates to deletion of a consumer's financial information after cancellation of an automatic renewal or continuous service

Bill Text

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A10770 Summary:

BILL NOA10770 

&nbsp

SAME ASSAME AS S04413-A

&nbsp

SPONSORRozic

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §§527 & 527-a, Gen Bus L

&nbsp

Requires a business to delete a consumer's financial information after cancellation of an automatic renewal or continuous service, unless such consumer has affirmatively consented to retention of such financial information; requires such business to notify such consumer of such deletion.

Go to top A10770 Actions:

BILL NOA10770 

&nbsp

04/01/2026referred to consumer affairs and protection

Go to topA10770 Committee&nbspVotes:

Go to topA10770 Floor&nbspVotes:

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

Go to topA10770 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10770

 IN ASSEMBLY

 April 1, 2026
 ___________

 Introduced by M. of A. ROZIC -- read once and referred to the Committee
 on Consumer Affairs and Protection

 AN ACT to amend the general business law, in relation to deletion of a
 consumer's financial information after cancellation of an automatic
 renewal or continuous service

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 527 of the general business law is amended by
 2 adding a new subdivision 5 to read as follows:
 3 5. "Financial information" means any information relating to a consum-
 4 er's credit card, debit card, or account with a third party held by a
 5 business for the purpose of charging such consumer.
 6 § 2. Section 527-a of the general business law is amended by adding a
 7 new subdivision 2-a to read as follows:
 8 2-a. a. Upon receiving a request from a consumer to cancel an automat-
 9 ic renewal or continuous service, a business shall delete all records of
 10 such consumer's financial information held by such business unless such
 11 business has obtained such consumer's affirmative consent to retain such
 12 financial information for future purchases. If such business does not
 13 obtain such affirmative consent, such business shall:
 14 (i) Delete all records of such consumer's financial information within
 15 fourteen days of receipt of such request to cancel such automatic
 16 renewal or continuous service; and
 17 (ii) Notify such consumer by mail or electronic mail of the date such
 18 records were deleted pursuant to paragraph (i) of this subdivision, and
 19 of each of such consumer's credit cards, debit cards, or accounts with a
 20 third party for which such records were deleted, within seven days of
 21 such deletion.
 22 b. The provisions of this subdivision shall not apply where a business
 23 is otherwise required to retain a consumer's financial information
 24 pursuant to state or federal law, rule or regulation.
 25 § 3. This act shall take effect on the thirtieth day after it shall
 26 have become a law. Effective immediately, the addition, amendment and/or
 27 repeal of any rule or regulation necessary for the implementation of
 28 this act on its effective date are authorized to be made and completed
 29 on or before such effective date.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08677-03-6

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