Bill
Bill > S04413
NY S04413
NY S04413Requires a business to delete a consumer's financial information after cancellation of an automatic renewal or continuous service, unless such consumer has affirmatively consented to retention of such financial information; requires such business to notify such consumer of such deletion.
summary
Introduced
02/04/2025
02/04/2025
In Committee
01/07/2026
01/07/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the general business law, in relation to deletion of a consumer's financial information after cancellation of an automatic renewal or continuous service
AI Summary
This bill requires businesses that offer automatic renewal or continuous services to delete a consumer's financial information, which is defined as any credit card, debit card, or third-party account details held by the business for charging purposes, after the consumer cancels such service, unless the consumer explicitly agrees to let the business keep this information for future purchases. If the business does not obtain this consent, it must delete the financial information within fourteen days of the cancellation request and then notify the consumer, either by mail or email, within seven days of the deletion, specifying the date of deletion and the specific payment methods affected. This requirement does not apply if state or federal law mandates that the business retain the consumer's financial information.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
ADVANCED TO THIRD READING (on 03/19/2026)
Official Document
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