S 8279 New York Senate · 2025 Regular Session

Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry

Summary

Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry and issue reports on both topics.

Bill status passed 3 of 5 stages cleared

Introduction

May 2025

Committee Review

Jun 2026

Senate Passage

Jun 2026

Assembly Passage

Governor

Introduced May 29, 2025 Last action Jun 5, 2026

Floor votes · Senate Jun 4, 2026

How they voted

60–0

Passed · 3 other

Total votes 63

Jun 4, 2026

D Democratic41

38 Yea 3

92% Yea

R Republican22

22 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 5, 2026

Committee

REFERRED TO WAYS AND MEANS

lower

Jun 4, 2026

Upper · Passed

PASSED SENATE

upper

Jan 7, 2026

Committee

REFERRED TO BANKS

upper

May 29, 2025

Committee

REFERRED TO BANKS

upper

1 primary · 2 co-sponsors