New York S 4338: Authorizes the attorney general to enforce the provisions of the environmental conservation law and its rules and regulations in the name of the people of the state

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 Speaker Carl E. Heastie

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S04338 Summary:

BILL NOS04338 

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SAME ASNo Same As

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SPONSORCOMRIE

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COSPNSR

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MLTSPNSR

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Amd §§75-b & 75-c, Bank L

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Requires ATM machines to release ATM cards with EVM chips prior to disbursing cash or a receipt; defines EVM chip and related terms.

Go to top S04338 Actions:

BILL NOS04338 

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02/04/2025REFERRED TO BANKS

01/07/2026REFERRED TO BANKS

Go to topS04338 Committee&nbspVotes:

Go to topS04338 Floor&nbspVotes:

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

Go to topS04338 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4338

 2025-2026 Regular Sessions

 IN SENATE

 February 4, 2025
 ___________

 Introduced by Sen. COMRIE -- 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 ATM machines
 to release ATM cards with EVM chips prior to disbursing cash or a
 receipt

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

 1 Section 1. Section 75-b of the banking law is amended by adding four
 2 new subdivisions 10, 11, 12, and 13 to read as follows:
 3 10. "EVM chip" means a data storage chip that implements the Europay,
 4 Mastercard and Visa technical standard.
 5 11. "Chip card" means an automated teller machine card, credit card,
 6 or other form of secure-payment card with an EVM chip inset for the
 7 purposes of customer data storage.
 8 12. "Card dipping" means the insertion of a chip card into a card
 9 reader to enable customer data to be read off the EVM chip.
 10 13. "Chip enabled automatic teller machine" means an automatic teller
 11 machine that reads customer data from a chip card and uses card dipping.
 12 § 2. Section 75-c of the banking law is amended by adding a new subdi-
 13 vision 4 to read as follows:
 14 4. Notwithstanding the provisions of section seventy-five-i of this
 15 article, no newly installed chip enabled automatic teller machine shall
 16 disburse cash or print a deposit receipt without first releasing the
 17 card to the customer and the customer withdrawing the card from the
 18 reader.
 19 § 3. This act shall take effect on the one hundred eightieth day after
 20 it shall have become a law and shall apply to any ATM installed after
 21 such date.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD05595-01-5

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