Enacts the New York state money transmission disclosure act
Summary
Enacts the New York state money transmission disclosure act; requires each licensee providing a transmission transaction which involves currency of one country into the currency of another country to provide the customer with a written disclosure; authorizes the superintendent of financial services to implement any necessary rules and regulations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2023
Committee Review
Floor Vote
Governor
Introduced Mar 22, 2023
Last action Jan 3, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 3, 2024
Committee
REFERRED TO BANKS
lower
Mar 22, 2023
Committee
REFERRED TO BANKS
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Khaleel Anderson
DDemocratic/Working Families
Ask Maddy
·
AI policy assistant
Ask Maddy about A 5702
Scope: NY
Hi! I can help you understand A 5702. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline