2003 Legislative Update |
Sheldon Silver, Speaker Catherine Nolan, Chair December 2003 |
As the newly appointed Chairwoman of the Assembly Banks Committee, I am pleased to provide an update on the Committee’s activities during the 2003 legislative session. Thanks to the support of Speaker Sheldon Silver, and the cooperation of committee members and staff, the Banks Committee enjoyed a busy and productive year. Among our achievements was the extension of the State’s wildcard provisions that foster parity between federal and state-chartered banks. We also passed legislation, since signed into law, which extends the retention period of ATM surveillance tapes in an effort to curb ATM fraud. Additionally, this Committee will continue to monitor the national debate regarding federal preemption of state predatory lending laws, and we stand ready to re-examine this State’s predatory lending standards as the necessity arises. I look forward to the upcoming 2004 legislative session, and I strongly encourage any person with questions or concerns for the Banks Committee to contact me.
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2003 Legislative Initiatives |
Automated Teller Machine (ATM) Legislation
ATM Access for the Visually Impaired
ATM Emergency Access Buttons
Credit Union Legislation
Maintaining Parity between Federal and State Credit Unions |
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The Banking Committee hosted Gretchen Dykstra, Commissioner of the New York City Department of Consumer Affairs at a joint meeting of the Banks Committee and the Consumer Affairs Committee. Pictured, left to right: Pauline Toole, New York City Department of Consumer Affairs; Brian Quiara, Banks Committee analyst; Teri Kleinmann, Banks Committee Counsel; Commissioner Dykstra; Assemblywoman Nolan; and Benita Leigh-Lewis, Banks Committee assistant. |
Additional Legislative Highlights In addition to the abovementioned bills, the Banks Committee also worked on the following bills during the 2003 session: |
A.7969 (Nolan)
A.8889-A (Nolan)
A.8963 (Nolan) |
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Assemblymember Catherine Nolan, Chairwoman |
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