Prohibits imposing surcharges on automated teller machines located on state university of New York or city university of New York property.

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A3739-2011 Actions

• Jan 4, 2012: referred to banks
• Jan 27, 2011: referred to banks

A3739-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                    3739

                         2011-2012 Regular Sessions

                            I N  ASSEMBLY

                              January 27, 2011
                                 ___________

  Introduced  by  M.  of  A.  ENGLEBRIGHT -- read once and referred to the
    Committee on Banks

  AN ACT to amend the banking law, in relation to prohibiting  banks  from
    imposing  surcharge  fees  at  automated  teller machines located at a
    state university or a city university

    THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section  1.  The banking law is amended by adding a new section 9-v to
  read as follows:

    S 9-V. SPECIAL PROVISIONS RELATING TO AUTOMATED TELLER  MACHINE  FEES.
  1.  A  "BANKING  INSTITUTION" FOR PURPOSES OF THIS SECTION MEANS A BANK,
  TRUST COMPANY, SAVINGS BANK,  SAVINGS  AND  LOAN  ASSOCIATION,  LICENSED
  FOREIGN BANK OR CREDIT UNION.
    2.   ALL BANKING INSTITUTIONS WHICH USE, OWN OR LEASE AUTOMATED TELLER
  MACHINE FACILITIES LOCATED ON PROPERTY OWNED BY THE STATE UNIVERSITY  OF
  NEW  YORK  OR  THE  CITY UNIVERSITY OF NEW YORK SHALL BE PROHIBITED FROM
  CHARGING SURCHARGE FEES AT SUCH AUTOMATED TELLER MACHINES.
    S 2. This act shall take effect on the ninetieth day  after  it  shall
  have become a law.





   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD06060-01-1