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History
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Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8226
Title of bill
An act to amend a chapter of the laws of 2010, amending the banking law relating to licensed lenders, licensed cashers of checks, sales finance companies, premium finance companies, budget planners and transmitters of money, as proposed in legislative bills numbers S.3727-B and A.11325, in relation to the effectiveness thereof
Purpose or general idea of the bill
Changes the effective date of S.3727B/A.11325 from immediately to 180 days.
Summary of provisions
Section 1 changes the effective date of S.3727B and A.11325.
Justification
As S.3727B/A.11325 is a Governor's Program bill and wishes to remain as such, this 3 way agreed upon bill is therefore necessary. This push back of the effective date is necessary in order to ensure greater compliance with this law.
Legislative history
New Bill.
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.