Bill > A06766

This bill proposes to prohibit predatory automated teller machine (ATM) fees at casinos and colleges in New York State by establishing a regulatory framework that limits the amount of fees these machines can charge consumers. The bill defines key terms, including what constitutes an ATM, a casino, and a college, and empowers the superintendent of the department of financial services to establish a "fair and reasonable" monetary threshold for ATM transaction fees that is consistent with industry standards. If an ATM on a casino or college premises charges a fee exceeding this established amount, the institution will be considered in violation. Specifically, if a consumer files a complaint about excessive fees, the casino or college will be deemed to have knowledge of the violation. Institutions found to be knowingly permitting such ATMs on their premises can be assessed a civil penalty of up to $250 per violation. The bill includes a severability clause, which means that if any part of the law is found to be invalid, the remaining provisions can still be enforced. The legislation is designed to protect consumers from what are considered excessively high ATM fees in locations where people might have limited alternative banking options.

Business and Industry, Housing and Urban Affairs

https://www.nysenate.gov/legislation/bills/2025/A6766