A8319 (2025-26 session)
NY State bill
Provides that charges imposed by certain state chartered banking institutions in connection with a check or other written order drawn on insufficient funds shall not exceed the greater of five dollars or the pro rata share of such state chartered banking institution's total direct costs and charge-off losses for providing non-covered overdraft credit.
- Title
- Relates to limits on overdraft fees charged by certain state chartered banking institutions
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-01-07
- In committee
- Banks
- Introduced
- 2025-05-13
- Law section
- Banking Law
Sponsors
- Linda B. Rosenthal Assembly Member, District 67
Heard in committee
- Banks NY State Assembly committee