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S 4570

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: January 7, 2026.

Enacts the New York state money transmission disclosure act.

Bill ID NY-2025-2026-S-4570
Session 2025-2026
Status in_committee
Committee Banks
Senate in_committee 2026-01-07
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.

Sponsor
James Sanders Jr.
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-07 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Senate Committee
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