2025-2026 Regular SessionNew York Legislature

A07696

Legislative Summary

Prohibits a bank or trust company from charging a service charge or requiring a minimum balance for attorney trust or IOLA accounts that are non-interest bearing in nature; defines attorney trust account.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

4/8/2025
referred to banks
Assembly

Status Information

Current Status
Introduced(4/8/2025)
Chamber
Assembly
Committee
Banks(Assembly)

Sponsors

Democrat: 1

Primary Sponsor

Latrice Walker
Latrice Walker
Democrat

Documents

Introduced
Bill Text4/8/20252.4 KB