Senate BillIntroduced
S 4228: Prohibits certain financial institutions from charging a fee for periodic paper statements when such statements are required for an application for public assistance.
What S 4228 does, verified June 5, 2026
The bill prohibits financial institutions from charging a fee for periodic paper statements to customers who require them for an application for public assistance. This provision applies to all financial institutions, including banks, mortgage brokers, and other regulated entities. The bill also states that if any part of the provision is found to be invalid, it will not affect the validity of other parts of the provision. The bill takes effect 180 days after it becomes a law.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: COMMITTED TO RULES (2026-06-05)Alert me
Quick answers about S 4228
- What is the current status of S 4228?
- As of June 5, 2026, S 4228 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on June 5, 2026, was "COMMITTED TO RULES".
- Did S 4228 pass?
- Not yet. S 4228 has been introduced and has not passed either house.
- Who wrote S 4228, and where is it now?
- S 4228 was authored by Sen. Leroy Comrie with 1 coauthor.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions10 total · showing 5
| Jun. 05, 2026 | COMMITTED TO RULES |
| May. 14, 2026 | ADVANCED TO THIRD READING |
| May. 13, 2026 | 2ND REPORT CAL. |
| May. 12, 2026 | 1ST REPORT CAL.1028 |
| Jan. 07, 2026 | REFERRED TO BANKS |
Latest bill textIntroduced version, February 3, 2025 · 313 words
STATE OF NEW YORK ________________________________________________________________________ 4228 2025-2026 Regular Sessions IN SENATE February 3, 2025 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to amend the banking law, in relation to prohibiting certain financial institutions from charging a fee for periodic paper state- ments The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The banking law is amended by adding a new section 9-aa to 2 read as follows: 3 § 9-aa. Fees for periodic paper statements prohibited. 1. Notwith- 4 standing any other provision of law or rule or regulation to the contra- 5 ry, no financial institution subject to the provisions of this chapter, 6 including any banking organization, mortgage broker or mortgage banker, 7 interstate branch established pursuant to article five-C of this chap- 8 ter, or other investment entity subject to regulation by the department, 9 which provides an account to a customer shall charge a fee for periodic 10 paper statements when such statements are required for an application 11 for public assistance as defined in subdivision nineteen of section two 12 of the social services law. 13 2. If any provision of this section or its application to any person 14 or circumstance is held invalid, the invalidity does not affect other 15 provisions or application of this section which can be given effect 16 without the invalid provision or application, and to this end the 17 provisions of this section are severable. 18 § 2. This act shall take effect on the one hundred eightieth day after 19 it shall have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03671-01-5
Text of S 4228 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions