States / New York / S 4570

S 4570 In Committee

Enacts the New York state money transmission disclosure act

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
Senate
Introduced
Feb 7, 2025
Last action
Jan 7, 2026 — REFERRED TO BANKS
Session
2025-2026
Momentum
27 · Low