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A09561 Summary:
BILL NO | A09561 |
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SAME AS | No Same As |
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SPONSOR | Kim |
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COSPNSR | Davila, Sayegh, Brown K |
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MLTSPNSR | |
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Add 4-b, St Fin L; amd 301, Fin Serv L; amd 5, UDC Act | |
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Enacts the "the empire state enhanced public payment system act" directing the department of financial services to develop, establish, and maintain a value storage and payment platform consisting of a digital master account and coordinate a system of individual wallets that enable payments to move between such individual wallets or payment accounts for use of New York residents. |