S 7290: Requires class action compromise or settlement payments to be available to class members as a direct deposit into a bank account of a class member.

  
  STATE OF NEW YORK ________________________________________________________________________ 7290 2025-2026 Regular Sessions  IN SENATE April 8, 2025 ___________ Introduced by Sen. BRISPORT -- read twice and ordered printed, and when printed to be committed to the Committee on Judiciary AN ACT to amend the civil practice law and rules, in relation to payment to class members for class action settlements The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The civil practice law and rules is amended by adding a 2 new section 910 to read as follows: 3 § 910. Payments to class members. Any class action compromise or 4 settlement that has a monetary component to be paid to class members 5 shall include an option for such class members to be paid any monies 6 owed by deposit directly into a bank account of such class member. 7 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11393-01-5