Senate BillIntroduced
S 8299: Extends the effectiveness of provisions relating to limiting the check cashing exemption for national banks and other regulated entities to August 1, 2027.
What S 8299 does, verified September 28, 2025
The bill aims to amend the banking law in New York State to limit the check cashing exemption for national banks and other regulated entities. The exemption, which currently allows these institutions to engage in check cashing activities, will be repealed. The changes will take effect immediately and will expire on August 1, 2027.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: SUBSTITUTED BY A6870 (2025-06-10)Alert me
Quick answers about S 8299
- What is the current status of S 8299?
- As of September 28, 2025, S 8299 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 10, 2025, was "SUBSTITUTED BY A6870".
- Did S 8299 pass?
- Not yet. S 8299 has been introduced and has not passed either house.
- Who wrote S 8299, and where is it now?
- S 8299 was authored by Sen. James Sanders with 1 coauthor.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions4 total · showing 4
| Jun. 10, 2025 | SUBSTITUTED BY A6870 |
| Jun. 04, 2025 | ORDERED TO THIRD READING CAL.1591 |
| Jun. 04, 2025 | COMMITTEE DISCHARGED AND COMMITTED TO RULES |
| May. 30, 2025 | REFERRED TO BANKS |
Latest bill textIntroduced version, May 30, 2025 · 194 words
STATE OF NEW YORK ________________________________________________________________________ 8299 2025-2026 Regular Sessions IN SENATE May 30, 2025 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to amend chapter 591 of the laws of 2001, amending the banking law relating to limiting the check cashing exemption for national banks and other regulated entities, in relation to the effectiveness thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 2 of chapter 591 of the laws of 2001 amending the 2 banking law relating to limiting the check cashing exemption for 3 national banks and other regulated entities, as amended by chapter 274 4 of the laws of 2023, is amended to read as follows: 5 § 2. This act shall take effect immediately and shall expire and be 6 deemed repealed August 1, [2025] 2027. 7 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10849-01-5
Text of S 8299 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions