Legislation Details

File #: Int 0047-1998    Version: * Name: Automated Teller Machines, Signs
Type: Introduction Status: Filed
Committee: Committee on Consumer Affairs
On agenda: 1/22/1998
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York in relation to requiring banks to post signs at automated teller machines indicating the total limit on permitted withdrawals, the total limit on withdrawals in a single day, and any charges imposed for the use of the automated teller machine.
Sponsors: Ronnie M. Eldridge, Juanita E. Watkins, Thomas White, Lucy Cruz, Mary Pinkett, John D. Sabini, June M. Eisland, Guillermo Linares, Kathryn E. Freed, Una Clarke, Thomas K. Duane, Julia Harrison, Lloyd Henry, Karen Koslowitz, Helen M. Marshall, Stanley E. Michels, John Fusco, Martin J. Golden, Wendell Foster, Howard L. Lasher, Sheldon S. Leffler, Gifford Miller, Lawrence A. Warden, Anthony Weiner, Michael J. Abel
Council Member Sponsors: 25
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/31/2001*Ronnie M. Eldridge City Council Filed (End of Session)  Action details Meeting details Not available
2/12/1998*Ronnie M. Eldridge Legislative Documents Unit Printed Item Laid on Desk  Action details Meeting details Not available
1/22/1998*Ronnie M. Eldridge City Council Referred to Comm by Council  Action details Meeting details Not available
1/22/1998*Ronnie M. Eldridge City Council Introduced by Council  Action details Meeting details Not available
Int. No. 47
 
By Council Members Eldridge, Watkins, White, Cruz, Pinkett, Sabini, Eisland, Linares, Freed, Clarke, Duane, Harrison, Henry, Koslowitz, Marshall, Michels, Fusco and Golden; also Council Members Foster, Lasher, Leffler, Miller, Warden, Weiner and Abel.
 
 
A Local Law to amend the administrative code of the city of New York in relation to requiring banks to post signs at automated teller machines indicating the total limit on permitted withdrawals, the total limit on withdrawals in a single day, and any charges imposed for the use of the automated teller machine.
 
 
Be it enacted by the Council as follows:
 
        Section 1.  Chapter one of title ten of the administrative code of the city of New York is amended to add a new section 10-161 to read as follows:
        §10-161.  a.  Signage at automated teller machines.  At each of its automated teller machines, a bank shall post a clearly visible sign containing the following information:
         (i)              the total amount of money that may be withdrawn from the automated teller machine in a single transaction;
         (ii)             the total amount of money that may be withdrawn from a customer's account using an automated teller machine in a single day; and
         (iii)       any fees or costs that will be charged to the user for the use of the automated teller machine to conduct a banking transaction.
         b.        For the purpose of this section, the terms "automated teller machine" and "bank" shall have the same meanings as those terms are defined in section 10-160 of this chapter.
         §2.       This local law shall take effect ninety days after its enactment.
 
         Referred to the Committee on Consumer Affairs.