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New YorkA 68702025-2026 Regular SessionHouseWALLET

Extends the effectiveness of provisions relating to limiting the check cashing exemption for national banks and other regulated entities

Sponsored By: Pamela J. Hunter (Democratic)

Became Law

BANKSRULES

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Bank check-cashing limits extended to 2027

Banks and similar regulated firms must keep current check-cashing limits. The law takes effect now. These limits stay in place until August 1, 2027. This replaces the prior sunset of August 1, 2025. Consumers see only indirect effects.

Sponsors & Cosponsors

Sponsor

  • Pamela J. Hunter

    Democratic • House

Cosponsors

  • Andrew Hevesi

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 58 • No: 0

House vote • 6/10/2025

FLOOR Vote

Yes: 58 • No: 0

Actions Timeline

  1. SIGNED CHAP.192

    7/29/2025House

  2. DELIVERED TO GOVERNOR

    7/29/2025House

  3. RETURNED TO ASSEMBLY

    6/10/2025Senate

  4. PASSED SENATE

    6/10/2025Senate

  5. 3RD READING CAL.1591

    6/10/2025Senate

  6. SUBSTITUTED FOR S8299

    6/10/2025Senate

  7. REFERRED TO RULES

    6/9/2025Senate

  8. DELIVERED TO SENATE

    6/9/2025House

  9. PASSED ASSEMBLY

    6/9/2025House

  10. ORDERED TO THIRD READING RULES CAL.448

    6/6/2025House

  11. RULES REPORT CAL.448

    6/6/2025House

  12. REPORTED

    6/6/2025House

  13. REPORTED REFERRED TO RULES

    6/4/2025House

  14. REFERRED TO BANKS

    3/14/2025House

Bill Text

  • Original

    3/14/2025

    PDF

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