S7031 (2025-26 session)

NY State bill

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.

Title
Relates to overdraft fees charged by banking organizations
Type
New York State Senate bill
Session
2025-26 session
Status
In Senate Committee
Latest action date
2026-01-07
In committee
Banks
Introduced
2025-03-28
Same as
A117
Law section
Banking Law

Sponsors

Heard in committee

Same as

Sources