# New York S 8279: Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry

New York S 8279, Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry, is a 2025-2026 Regular Session Senate bill sponsored by Luis R. Sepúlveda (Democratic); status passed senate, last action 2026-06-05 (REFERRED TO WAYS AND MEANS) (as of 2026-10-15).

- Canonical: https://policyrisk.com/state-bill/NY-S8279-2025
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New York S 8279
- State: New York
- Session: 2025-2026 Regular Session
- Title: Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry
- Status: passed senate
- Chamber: Senate
- Introduced: 2025-05-29
- Last action: 2026-06-05, REFERRED TO WAYS AND MEANS
- Sponsor: Luis R. Sepúlveda (Democratic)
- Cosponsors: 0
- Subjects: Ways And Means, BANKS
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Luis R. Sepúlveda (Democratic), Senate

## Actions (8)

- 2026-06-05: REFERRED TO WAYS AND MEANS (House)
- 2026-06-04: DELIVERED TO ASSEMBLY (Senate)
- 2026-06-04: PASSED SENATE (Senate)
- 2026-05-14: ADVANCED TO THIRD READING (Senate)
- 2026-05-13: 2ND REPORT CAL. (Senate)
- 2026-05-12: 1ST REPORT CAL.1031 (Senate)
- 2026-01-07: REFERRED TO BANKS (Senate)
- 2025-05-29: REFERRED TO BANKS (Senate)

## Bill text

- Original, 2025-05-29: [PDF](https://legislation.nysenate.gov/pdf/bills/2025/S8279)

## Related bills

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- S 10643: Relates to labor peace agreements and the cannabis industry wage board; repealer (signed)
- A 5175: Requires certain security features and warning labels on baby monitors (signed)
- A 10052: Extends the effectiveness of the authority of the town of Red Hook to impose real estate transfer taxes and to deposit revenue from such taxes into a community… (signed)
- S 9968: Establishes the Harris Hill Volunteer Fire Company Benevolent Association (signed)
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## Sources
- [Original (PDF)](https://legislation.nysenate.gov/pdf/bills/2025/S8279)

## Related
- [S 9051: Prohibits artificial intelligence companions from using features which are cons…](https://policyrisk.com/state-bill/NY-S9051-2025)
- [S 10643: Relates to labor peace agreements and the cannabis industry wage board; repealer](https://policyrisk.com/state-bill/NY-S10643-2025)
- [A 5175: Requires certain security features and warning labels on baby monitors](https://policyrisk.com/state-bill/NY-A5175-2025)
- [A 10052: Extends the effectiveness of the authority of the town of Red Hook to impose re…](https://policyrisk.com/state-bill/NY-A10052-2025)
- [S 9968: Establishes the Harris Hill Volunteer Fire Company Benevolent Association](https://policyrisk.com/state-bill/NY-S9968-2025)
- [S 8953: Establishes the Clarence Center Volunteer Exempt Firefighter's Benevolent Assoc…](https://policyrisk.com/state-bill/NY-S8953-2025)
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Source: PRIA, https://policyrisk.com/state-bill/NY-S8279-2025 (as of 2026-10-15).