S 4700 New York Senate · 2025 Regular Session

Relates to registration of non-bank automated teller machines

This bill requires operators of non-bank ATMs (machines not run by banks or credit unions) to register with the state banking regulator. Operators must pay registration fees, disclose fees clearly to users during transactions, and provide detailed receipts showing all charges. The bill sets limits on transaction fees, mandates regular registration renewals every six months, and imposes fines up to $500 for first violations and $1,000 for repeat offenses. It also gives the regulator authority to inspect records and suspend registration for non-compliance. The primary effect is on non-bank ATM operators and users, ensuring transparency and oversight for these machines.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 11, 2025 Last action Jan 7, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO BANKS
upper
Feb 11, 2025
Committee
REFERRED TO BANKS
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Cordell Cleare
Cordell Cleare
DDemocratic
NY
30