New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Relates to limits on overdraft fees charged by certain state chartered banking institutions.
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.
| Date | Event | Detail |
|---|---|---|
| 2025-05-13 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |