New York S 8299: Extends the effectiveness of provisions relating to limiting the check cashing exemption for national banks and other regulated entities

Status: SUBSTITUTED BY A6870 (as of 2025-06-10)

State: New York · Session: 2025-2026 · Bill: S 8299

Sponsors: James Sanders Jr., Leroy Comrie

Bill Text

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S08299 Summary:

BILL NOS08299 

&nbsp

SAME ASSAME AS A06870

&nbsp

SPONSORSANDERS

&nbsp

COSPNSRCOMRIE

&nbsp

MLTSPNSR

&nbsp

Amd §2, Chap 591 of 2001

&nbsp

Extends the effectiveness of provisions relating to limiting the check cashing exemption for national banks and other regulated entities to August 1, 2027.

Go to top S08299 Actions:

BILL NOS08299 

&nbsp

05/30/2025REFERRED TO BANKS

06/04/2025COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/04/2025ORDERED TO THIRD READING CAL.1591

06/10/2025SUBSTITUTED BY A6870

&nbspA06870 AMEND= Hunter

&nbsp03/14/2025referred to banks

&nbsp06/04/2025reported referred to rules

&nbsp06/06/2025reported 

&nbsp06/06/2025rules report cal.448

&nbsp06/06/2025ordered to third reading rules cal.448

&nbsp06/09/2025passed assembly

&nbsp06/09/2025delivered to senate

&nbsp06/09/2025REFERRED TO RULES

&nbsp06/10/2025SUBSTITUTED FOR S8299

&nbsp06/10/20253RD READING CAL.1591

&nbsp06/10/2025PASSED SENATE

&nbsp06/10/2025RETURNED TO ASSEMBLY

&nbsp07/29/2025delivered to governor

&nbsp07/29/2025signed chap.192

Go to topS08299 Committee&nbspVotes:

Go to topS08299 Floor&nbspVotes:

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

Go to topS08299 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8299

 2025-2026 Regular Sessions

 IN SENATE

 May 30, 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 chapter 591 of the laws of 2001, amending the banking
 law relating to limiting the check cashing exemption for national
 banks and other regulated entities, in relation to the effectiveness
 thereof

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

 1 Section 1. Section 2 of chapter 591 of the laws of 2001 amending the
 2 banking law relating to limiting the check cashing exemption for
 3 national banks and other regulated entities, as amended by chapter 274
 4 of the laws of 2023, is amended to read as follows:
 5 § 2. This act shall take effect immediately and shall expire and be
 6 deemed repealed August 1, [2025] 2027.
 7 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10849-01-5

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