A00837Introduced in the Assembly
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.
Introduced by Ron Kim, District 40
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
referred to banks
January 7, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
referred to banks
referred to banks
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