New York A 5865: Makes membership in the state retirement system optional for members of the legislature

Status: HELD FOR CONSIDERATION IN GOVERNMENTAL EMPLOYEES (as of 2020-07-16)

State: New York · Session: 2019-2020 · Bill: A 5865

Sponsors: LALOR

Bill Text

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A05865 Summary:

BILL NOA05865 

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SAME ASNo Same As

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SPONSORSteck

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COSPNSR

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MLTSPNSR

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Amd §396-i, Gen Bus L

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Relates to cash out requirements for certain prepaid gift cards.

Go to top A05865 Actions:

BILL NOA05865 

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02/24/2025referred to consumer affairs and protection

01/07/2026referred to consumer affairs and protection

Go to topA05865 Committee&nbspVotes:

Go to topA05865 Floor&nbspVotes:

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

Go to topA05865 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5865

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 24, 2025
 ___________

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

 AN ACT to amend the general business law, in relation to cash out
 requirements for prepaid debit cards

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

 1 Section 1. Subdivision 5-b of section 396-i of the general business
 2 law, as added by chapter 668 of the laws of 2021, is amended to read as
 3 follows:
 4 5-b. A gift certificate, other than [an open loop gift certificate or]
 5 a promotional gift certificate, with a remaining value of less than
 6 [five] ten dollars may be redeemed upon request for its cash value.
 7 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09659-02-5

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