New York policy
A117: Relates to overdraft fees charged by banking organizations
NY Assembly · Sponsor John Zaccaro Jr.
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- January 7, 2026
What it requires
Requires banks to report to the superintendent annually on the amount of revenue earned from overdraft fees; prohibits banks from imposing overdraft fees during a ten day grace period; regulates the imposition of overdraft and NSF fees.
ny-stateassemblylegislationbill
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