S 5500 New York Senate · 2025 Regular Session

Relates to peer-to-peer mobile payment service security

Summary
Directs every peer-to-peer mobile service to require users to create a personal identification code associated with the user's account that is required to be used when certain actions are taken and to require users to set a monetary amount for intended transfers above which the use of a personal identification number will be required to authenticate the user's identity.
Bill status passed 3 of 5 stages cleared
Introduction
Feb 2025
Committee Review
Jun 2025
Senate Passage
Jun 2025
Assembly Passage
Governor
Introduced Feb 21, 2025 Last action Jun 12, 2025
Floor votes · Senate Jun 12, 2025

How they voted

581
Passed · 4 other
Total votes 63
Jun 12, 2025
D Democratic41
38 Yea 3
92% Yea
R Republican22
20 Yea 1 Nay 1
90% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
7
Key actions
1
Committee
2
Jun 12, 2025
Committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
lower
Jun 12, 2025
Upper · Passed
PASSED SENATE
upper
Feb 21, 2025
Committee
REFERRED TO INTERNET AND TECHNOLOGY
upper
1 primary · 0 co-sponsors

Sponsors