[{"type":"bill","id":"S34-2011","title":"Provides for the inclusion of low income credit unions in the banking development district program in cities having a population of one million or more persons","summary":"Provides for the inclusion of low income credit unions in the banking development district program in cities having a population of one million or more persons.","billno":"S34-2011","year":"2011","sponsor":"SQUADRON","committee":"BANKS"},{"type":"bill","id":"S132-2011","title":"Requires mortgage lenders and brokers to provide consumer with mortgage bill of rights pamphlet which must be signed by the consumer prior to mortgage application","summary":"Requires mortgage lenders and brokers to provide consumers with a mortgage bill of rights pamphlet which must be read and signed by the consumer prior to applying for a mortgage.","billno":"S132-2011","year":"2011","sponsor":"PERALTA","committee":"BANKS"},{"type":"bill","id":"S271-2011","title":"Relates to clarifying definitions of \"illegal money transmission\" and \"money laundering\"; and relates to penalties for unlicensed money transmitters","summary":"Relates to clarifying the definitions of \"illegal money transmission\" and \"money laundering\"; relates to penalties for unlicensed money transmitters; relates to timeliness of prosecutions.","billno":"S271-2011","year":"2011","sponsor":"DIAZ","committee":"BANKS"},{"type":"bill","id":"S314-2011","title":"Provides for an extension of time to the purchasing period for tenants to purchase a dwelling unit in a cooperative apartment building","summary":"Provides for an extension of time to the purchasing period for tenants to purchase a dwelling unit in a cooperative apartment building.","billno":"S314-2011","year":"2011","sponsor":"DIAZ","committee":"BANKS"},{"type":"bill","id":"S378-2011","title":"Requires banking institutions to accept the Dominican consular identification card as a valid form of identification for all banking transactions","summary":"Requires banking institutions to accept the Dominican consular identification card, issued by the consulate general of the Dominican Republic, as a valid form of identification for all banking transactions.","billno":"S378-2011","year":"2011","sponsor":"DIAZ","committee":"BANKS"},{"type":"bill","id":"S556-2011","title":"Regulates the provision of refund anticipation loans by persons and entities other than banking institutions","summary":"Regulates the provision of refund anticipation loans by person and entities other than banking institutions; requires that at the time a borrower applies for a refund anticipation loan, a facilitator shall disclose to such borrower certain information relating to fees and interest rates; defines terms.","billno":"S556-2011","year":"2011","sponsor":"DIAZ","committee":"BANKS"},{"type":"bill","id":"S651A-2011","title":"Prohibits banking organizations from issuing mail-loan checks without request or application therefor","summary":"Prohibits banking organizations from issuing mail-loan checks without request or application therefor; provides that failure to destroy or return a mail-loan check does not constitute an acceptance thereof; provides that mail-loan checks shall have the transaction fee and interest rate included on the check.","billno":"S651A-2011","year":"2011","sponsor":"SAMPSON","committee":"BANKS"},{"type":"bill","id":"S739-2011","title":"Requires notice to renters of safe deposit boxes regarding fees and charges","summary":"Requires notice to renters of safe deposit boxes regarding fees and charges.","billno":"S739-2011","year":"2011","sponsor":"SQUADRON","committee":"BANKS"},{"type":"bill","id":"S956A-2011","title":"Provides for a financial exploitation prevention outreach, education and training program and fund","summary":"Provides for a financial exploitation prevention outreach, education and training program and fund; authorizes the director of the office of the aging to award grants to qualified agencies to establish local elderly exploitation, outreach, education and training programs; outlines elements of such program.","billno":"S956A-2011","year":"2011","sponsor":"DIAZ","committee":"BANKS"},{"type":"bill","id":"S1195-2011","title":"Provides that every banking institution maintaining checking accounts for customers shall pay checks in the order received within account balance","summary":"Provides that every banking institution which maintains checking accounts for customers shall pay checks in the order received within account balance; provides such banks may dishonor check for insufficient funds, but then must honor smaller checks within amounts on deposit in the subject account.","billno":"S1195-2011","year":"2011","sponsor":"BRESLIN","committee":"BANKS"},{"type":"bill","id":"S1288-2011","title":"Requires ATMs to use both audio and visual systems of relaying messages to its customers","summary":"Requires ATMs to use both audio and visual system of relaying messages to its customers; provides that this provision would enable those individuals that are visually impaired to access ATMs without the assistance of another person; requires the audio system to convey substantially the same information as the visual; provides for rules and regulations to be promulgated by the superintendent of banks.","billno":"S1288-2011","year":"2011","sponsor":"DUANE","committee":"BANKS"},{"type":"bill","id":"S1487-2011","title":"Provides that there shall be no solicitation for credit card holders through state or city university of NY unless credit education courses are provided","summary":"Provides that there shall be no solicitation for credit card holders through state or city university of NY unless credit education courses are provided.","billno":"S1487-2011","year":"2011","sponsor":"PARKER","committee":"BANKS"},{"type":"bill","id":"S1488-2011","title":"Provides criteria for membership in credit unions and permits the extension of certain services to nonmembers","summary":"Provides criteria for membership in credit unions and permits the extension of certain services to nonmembers.","billno":"S1488-2011","year":"2011","sponsor":"PARKER","committee":"BANKS"},{"type":"bill","id":"S1493-2011","title":"Prohibits employer withdrawal from direct deposit account without notice to and permission from account owner","summary":"Prohibits employer withdrawal from direct deposit account without notice to and permission from account owner, who must be given 15 days notice of withdrawal and must give depository bank written permission therefor; provides that this section shall not be construed to supersede any such withdrawal otherwise authorized by law or court order.","billno":"S1493-2011","year":"2011","sponsor":"PARKER","committee":"BANKS"},{"type":"bill","id":"S1494-2011","title":"Requires lending institutions that send unsolicited mail-loan checks to clearly state the interest rate and the total cost of loan in a dollar amount","summary":"Requires lending institutions that send unsolicited mail-loan checks to clearly state in solicitation letter the interest rate to be applied to such loan and to demonstrate the total cost of loan in a dollar amounts, at interest rate, over periods of six months, one year, and three years.","billno":"S1494-2011","year":"2011","sponsor":"PARKER","committee":"BANKS"},{"type":"bill","id":"S1613-2011","title":"Relates to refund anticipation loans","summary":"Relates to refund anticipation loans; requires that at the time a borrower applies for a refund anticipation loan, a facilitator shall disclose to such borrower certain information; defines terms.","billno":"S1613-2011","year":"2011","sponsor":"SAVINO","committee":"BANKS"},{"type":"bill","id":"S1627-2011","title":"States the maximum rate of interest on credit cards shall not exceed eighteen percent annually","summary":"Authorizes the banking board to set the maximum rate of interest for credit cards at not to exceed 18% annually; such rate may only exceed 18% if the prime rate exceeds 18% for sixty consecutive days, but in no event shall such new rate be more than one and one quarter percent above the prime rate in effect at the time such rate is set.","billno":"S1627-2011","year":"2011","sponsor":"SAMPSON","committee":"BANKS"},{"type":"bill","id":"S1699-2011","title":"Requires the mortgage bill of rights pamphlet on residential mortgages","summary":"Requires the mortgage bill of rights pamphlet on residential mortgages shall be in 8 most popularly spoken languages in the state.","billno":"S1699-2011","year":"2011","sponsor":"SAMPSON","committee":"BANKS"},{"type":"bill","id":"S2111-2011","title":"Regulates disclosure of customer records","summary":"Provides that banking institutions in New York State may release customer information in the following manner; (a) to the actual customer or authorized agent, or (b) unless a customer affirmatively and in writing prohibits the release, to a subsidiary or affiliate of the banking institution, or, (c) to any other persons or entities if the customer information intended to be released consists only of customer identification, (e.g. name or address of customer) and/or is recorded in public records; defines the term \"customer information\" to mean account records and any other information constructed from those records relating to the customer's relationship with the institution.","billno":"S2111-2011","year":"2011","sponsor":"KRUGER","committee":"BANKS"},{"type":"bill","id":"S2122-2011","title":"Provides that a bank upon which a negotiable instrument is drawn shall make payment on the negotiable instrument at the time of presentment","summary":"Provides that a bank upon which a negotiable instrument is drawn shall make payment on such negotiable instrument at the time of presentment, provided proper photo identification is submitted by the payee named in such instrument, irrespective of whether the payee maintains an account with such drawee bank; defines \"sufficient identification\".","billno":"S2122-2011","year":"2011","sponsor":"KRUGER","committee":"BANKS"}]