What's happening
This bill prohibits credit card issuers from sending unsolicited blank checks to cardholders in New York State.
Why it matters
Reduces risk of fraud and identity theft. Unsolicited blank checks sent by credit card issuers can be stolen from mailboxes and used for unauthorized financial transactions, exposing cardholders to potential fraud.
Protects consumers from unintended debt. Receiving blank checks can tempt or mislead consumers into borrowing more than they intended, often at high interest rates or with unfavorable terms.
Decreases unwanted mail and environmental waste. By prohibiting the sending of unsolicited blank checks, the bill helps reduce unnecessary paper waste and clutter in consumers’ mailboxes.
Shifts responsibility to consumers to actively request checks. Cardholders would now need to specifically request these checks if they want them, ensuring greater consumer control and awareness over their credit activities.
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Who cares
Headline styles
Ban Unsolicited Credit Card Checks
Plain English, a few words. Used as the page title.
Sponsors
3 Co-sponsors
History
- Held for consideration in consumer affairs and protection
- Referred to consumer affairs and protection
- Referred to consumer affairs and protection
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
2245
2017-2018 Regular Sessions
IN ASSEMBLY
January 17, 2017
Introduced by M. of A. MONTESANO, CROUCH, GOODELL, HAWLEY -- read once and referred to the Committee on Consumer Affairs and Protection
AN ACT to amend the general business law, in relation to the unsolicited sending of blank checks by issuers of credit cards
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 520 of the general business law is amended by adding a new subdivision 10 to read as follows:
(10) No issuer of a credit card shall send unsolicited, blank checks to a card member residing in New York state.
§ 2. This act shall take effect on the sixtieth day after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06061-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.