Establishes standards for the closure of banking accounts in the state of New York

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Establishes standards for the closure of bank accounts in the state of New York to include providing notice of closure and the return of funds to account owners.

Chamber: House
Introduced: Feb 11, 2025
Last action: Mar 12, 2026 — AMENDED ON THIRD READING 5031B
Session: 2025-2026
Momentum: 75 · High

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Passed First Chamber — base rate 16%, measured from NY's completed sessions
Momentum +6 75/100 from the pace of recorded action
Time since last action -22 220 days quiet

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