Bill > S08225

This bill prohibits financial institutions in New York from charging fees for electronic benefit transfer (EBT) services. Specifically, the bill defines EBT services broadly as any transaction related to EBT cards, which include cards for public assistance, medical assistance, food stamps, unemployment insurance, adoption subsidies, and child support programs. Banking organizations, out-of-state banks with branches in New York, and foreign banking corporations licensed in the state are prohibited from imposing any fees for EBT card transactions. Similarly, automated teller machine (ATM) operators cannot charge fees for EBT card use, except for standard interchange fees. The bill provides an exemption for national banks, federal financial institutions, and other federally chartered entities. The legislation will apply to all new contracts for EBT services entered into after the bill's effective date, regardless of existing contract terms. This bill aims to protect vulnerable populations who rely on government assistance programs by ensuring they can access their benefits without incurring additional financial burdens through transaction fees.

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https://www.nysenate.gov/legislation/bills/2025/S8225