What's happening
This bill creates a task force to study and recommend how New York state agencies could accept digital payment applications like Venmo and PayPal.
Why it matters
The bill could pave the way for easier and more modern payment options for New Yorkers interacting with state agencies, potentially reducing barriers for people who lack traditional banking services but use digital wallets.
By thoroughly assessing the trustworthiness and effectiveness of platforms like Venmo, PayPal, and Apple Pay, the task force can help ensure that any new payment methods adopted are secure and reliable, protecting both individuals and public funds.
The task force’s findings and recommendations could shape future legislative and regulatory actions, influencing how government agencies handle payments and modernize their infrastructure statewide.
Involving multiple stakeholders—including state and city agencies—means the study could identify practical challenges and solutions, increasing the likelihood of successful and coordinated implementation if digital payment acceptance moves forward.
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Who cares
Headline styles
Study State Digital Payments
Plain English, a few words. Used as the page title.
Sponsors
17 Co-sponsors
4 Multi-sponsors
History
- Referred to governmental operations
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
9944
IN ASSEMBLY
February 27, 2018
Introduced by M. of A. VANEL -- read once and referred to the Committee on Governmental Operations
AN ACT establishing the New York state digital payment application agency acceptance task force
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. 1. The department of financial services is hereby authorized to establish the New York state digital payment application agency acceptance task force to provide the governor and the legislature with information on the potential effects of state agencies accepting payments via digital payment applications.
2. The task force shall be comprised of:
a. two members appointed by the governor;
b. two members appointed by the temporary president of the senate;
c. two members appointed by the speaker of the assembly;
d. one member appointed by the minority leader of the senate;
e. one member appointed by the minority leader of the assembly; and
f. two members appointed by the superintendent of financial services.
3. The task force shall:
a. identify what state agencies collect payments from individuals, what such payments are collected for and through what mechanism such payments are currently permitted to be made through;
b. examine and evaluate the availability, effectiveness, and trustworthiness of digital payment applications including but not limited to, Venmo, PayPal, Zelle, Google Wallet, Squarecash, and Applepay;
c. identify any state or federal agency that currently accepts digital payment application payments and evaluate the effectiveness of such; and
d. make recommendations on how to effectively implement the practice of digital payment application acceptance by state agencies.
4. Such task force shall collaborate with state and city of New York agencies including, but not limited to, the department of taxation and finance and the department of finance of the city of New York.
5. The department of financial services shall submit a report, on or before January 1, 2020, to the governor and the legislature of its findings, conclusions and recommendations, and legislative and regulatory proposals deemed necessary to implement such recommendations.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14803-01-8
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.