Senate Bill S6837

2023-2024 Legislative Session

Prohibits the state university of New York and the city university of New York from permitting any persons to solicit persons to become holders of credit cards unless credit education courses are provided

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Banks Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2023-S6837 (ACTIVE) - Details

Current Committee:
Senate Banks
Law Section:
Banking Law
Laws Affected:
Add Art 17 §§9500 & 9501, Bank L; add §§355-f & 6204-b, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: S1932
2011-2012: S1487
2013-2014: S1630
2015-2016: S1725
2017-2018: S3426
2019-2020: S4545
2021-2022: S5284

2023-S6837 (ACTIVE) - Summary

Prohibits the state university of New York and the city university of New York from permitting any persons to solicit persons to become holders of credit cards unless credit education courses are provided.

2023-S6837 (ACTIVE) - Sponsor Memo

2023-S6837 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6837
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               May 11, 2023
                                ___________
 
 Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
   printed to be committed to the Committee on Banks
 
 AN ACT to amend the banking law and the education law,  in  relation  to
   prohibiting  the  state university of New York and the city university
   of New York from permitting any persons to solicit persons  to  become
   holders of credit cards unless credit education courses are provided
 
   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 article  17  to
 read as follows:
                                ARTICLE XVII
            CREDIT CARD SOLICITATION; CREDIT EDUCATION COURSES
 SECTION 9500. PROHIBITION  OF  SOLICITING  PERSONS TO BECOME CREDIT CARD
                 HOLDERS AT THE STATE UNIVERSITY OF NEW YORK UNLESS CRED-
                 IT EDUCATION COURSES ARE PROVIDED.
         9501. PROHIBITION OF SOLICITING PERSONS TO  BECOME  CREDIT  CARD
                 HOLDERS AT THE CITY UNIVERSITY OF NEW YORK UNLESS CREDIT
                 EDUCATION COURSES ARE PROVIDED.
   §  9500. PROHIBITION OF SOLICITING PERSONS TO BECOME CREDIT CARD HOLD-
 ERS AT THE STATE UNIVERSITY OF NEW YORK UNLESS CREDIT EDUCATION  COURSES
 ARE  PROVIDED.  THE  STATE  UNIVERSITY  OF NEW YORK SHALL NOT PERMIT ANY
 PERSON, INCLUDING AN ISSUER OF CREDIT CARDS, AS DEFINED  IN  SUBDIVISION
 THREE  OF  SECTION  FIVE  HUNDRED ELEVEN OF THE GENERAL BUSINESS LAW, TO
 SOLICIT PERSONS ON THE PROPERTY OF THE STATE UNIVERSITY OF NEW  YORK  TO
 BECOME  HOLDERS  OF  CREDIT CARDS, NOR SHALL THE STATE UNIVERSITY OF NEW
 YORK ENTER INTO ANY AGREEMENT ALLOWING ANY PERSON TO SOLICIT PERSONS  TO
 BECOME HOLDERS OF CREDIT CARDS THROUGH THE STATE UNIVERSITY OF NEW YORK,
 UNLESS  SUCH  PERSON  OFFERS AND PROVIDES COURSES IN CREDIT EDUCATION TO
 STUDENTS ENROLLED IN THE STATE UNIVERSITY  OF  NEW  YORK.  SUCH  COURSES
 SHALL BE GIVEN IN ACCORDANCE WITH RULES AND REGULATIONS TO BE PROMULGAT-
 ED BY THE COMMISSIONER OF EDUCATION.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07906-01-3
              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.