States / New York / A 8319

A 8319 In Committee

Relates to limits on overdraft fees charged by certain state chartered banking institutions

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
House
Introduced
May 13, 2025
Last action
Jan 7, 2026 — REFERRED TO BANKS
Session
2025-2026
Momentum
27 · Low