Requires banks to accept the Matricula consular identification card issued by the Mexican Consulate General and the Tarjeta Cosular identification card issued by the Ecuadorian Consulate General as valid identification for all banking transactions.
STATE OF NEW YORK
________________________________________________________________________
2247
2011-2012 Regular Sessions
IN ASSEMBLY
January 14, 2011
___________
Introduced by M. of A. P. RIVERA, V. LOPEZ, RAMOS -- Multi-Sponsored by
-- M. of A. BRENNAN, HEASTIE, HIKIND, ORTIZ, PERRY, J. RIVERA,
N. RIVERA, TOWNS -- read once and referred to the Committee on Banks
AN ACT to amend the banking law, in relation to requiring banking organ-
izations to accept the Matricula consular identification card issued
by the Consulate General of the United Mexican States and the Tarjeta
consular identification card issued by the Consulate General of the
Republic of Ecuador as a valid form of identification for all banking
transactions
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Legislative intent. The legislature hereby finds that there
2 are now over 300,000 Mexican-Americans and many Ecuadorian-Americans
3 living in this state. By allowing banks to accept the Matricula consular
4 and Tarjeta consular identification cards, the Mexican and Ecuadorian
5 communities will be able to open bank accounts and to carry out finan-
6 cial transactions. This act allows the growing Mexican and Ecuadorian
7 communities to have access to all banking operations and financial
8 services offered, including checking, investment and savings accounts,
9 loans and bank transfers. The growing financial strength and increased
10 purchasing power of the Mexican and Ecuadorian communities has been seen
11 as a great business opportunity by strategic planners in several large
12 United States banks. They have voluntarily decided to allow the use of
13 the stated identification for banking purposes. However, in New York,
14 this change has not come about. As a result, these residents are
15 encountering difficult situations in their attempts to create normal
16 relationships with financial institutions. This reality translates into
17 difficulties with managing their personal and household finances and
18 their access to credit, loans and mortgages, to name a few of the prob-
19 lems.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD00044-01-1
A. 2247 2
1 § 2. The banking law is amended by adding a new section 4-d to read as
2 follows:
3 § 4-d. Matricula consular and Tarjeta consular identification; valid
4 forms of identification. Every banking organization shall accept, as a
5 valid form of identification for all banking transactions, the Matricula
6 consular identification card issued by the office of the Consulate
7 General of the government of the United Mexican States in this state or
8 the Tarjeta consular identification card issued by the office of the
9 Consulate General of the government of the Republic of Ecuador in this
10 state.
11 § 3. This act shall take effect immediately.
