New York S 3698: Directs the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports

Bill Text

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S03698 Summary:

BILL NOS03698 

&nbsp

SAME ASSAME AS A01515

&nbsp

SPONSORSANDERS

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §371, Bank L

&nbsp

Directs the superintendent of banks to promulgate rules and regulations requiring licensed cashers of checks to file suspicious activity reports.

Go to top S03698 Actions:

BILL NOS03698 

&nbsp

01/29/2025REFERRED TO BANKS

02/25/20251ST REPORT CAL.389

02/26/20252ND REPORT CAL.

03/03/2025ADVANCED TO THIRD READING 

06/11/2025SUBSTITUTED BY A1515

&nbspA01515 AMEND= Weprin (MS)

&nbsp01/10/2025referred to banks

&nbsp06/04/2025reported referred to rules

&nbsp06/06/2025reported 

&nbsp06/06/2025rules report cal.416

&nbsp06/06/2025ordered to third reading rules cal.416

&nbsp06/06/2025passed assembly

&nbsp06/06/2025delivered to senate

&nbsp06/06/2025REFERRED TO RULES

&nbsp06/11/2025SUBSTITUTED FOR S3698

&nbsp06/11/20253RD READING CAL.389

&nbsp06/13/2025SUBSTITUTION RECONSIDERED

&nbsp06/13/2025RECOMMITTED TO RULES

&nbsp01/07/2026DIED IN SENATE

&nbsp01/07/2026RETURNED TO ASSEMBLY

&nbsp01/07/2026ordered to third reading cal.58

&nbsp01/21/2026passed assembly

&nbsp01/21/2026delivered to senate

&nbsp01/21/2026REFERRED TO BANKS

&nbsp06/13/2025SUBSTITUTION RECONSIDERED

&nbsp06/13/2025RECOMMITTED TO RULES

&nbsp01/07/2026REFERRED TO BANKS

&nbsp05/12/20261ST REPORT CAL.1026

&nbsp05/13/20262ND REPORT CAL.

&nbsp05/14/2026ADVANCED TO THIRD READING 

&nbsp06/05/2026COMMITTED TO RULES

Go to topS03698 Committee&nbspVotes:

Go to topS03698 Floor&nbspVotes:

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

Go to topS03698 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3698

 2025-2026 Regular Sessions

 IN SENATE

 January 29, 2025
 ___________

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

 AN ACT to amend the banking law, in relation to requiring licensed cash-
 ers of checks to file suspicious activity reports

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

 1 Section 1. Section 371 of the banking law, as added by chapter 151 of
 2 the laws of 1945, is amended to read as follows:
 3 § 371. Regulations. The superintendent is hereby authorized and
 4 empowered to make such rules and regulations, and such specific rulings,
 5 demands, and findings as [he] such superintendent may deem necessary for
 6 the proper conduct of the business authorized and licensed under and for
 7 the enforcement of this article, in addition hereto and not inconsistent
 8 herewith. Such rules, regulations, rulings, demands and findings shall
 9 include, but not be limited to, requiring licensed cashers of checks to
 10 file suspicious activity reports.
 11 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03571-01-5

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