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New York · 2025 Regular Session · Bill

A 5031: Establishes standards for the closure of banking accounts in the state of New York

Passed one chamber Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

A 5031 is a bill introduced in the New York House on February 11, 2025. According to its official title, it concerns: Establishes standards for the closure of banking accounts in the state of New York. Primary sponsor: Jonathan Jacobson (Democratic). It lists 13 additional sponsors. Most recent recorded action (March 12, 2026): AMENDED ON THIRD READING 5031B.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Establishes standards for the closure of bank accounts in the state of New York to include providing notice of closure and the return of funds to account owners.

Sponsors

Sponsors by party (alphabetical): Democratic 12 · Democratic/Independence/Working Families 1 · Democratic/Working Families 1

NameRolePartyChamberDistrict
Jonathan JacobsonPrimary sponsorDemocraticHouse104
Chris BurdickCo-sponsorDemocratic/Independence/Working FamiliesHouse93
Maritza DavilaCo-sponsorDemocraticHouse53
Erik DilanCo-sponsorDemocraticHouse54
Deborah GlickCo-sponsorDemocraticHouse66
Alicia HyndmanCo-sponsorDemocraticHouse29
Nikki LucasCo-sponsorDemocraticHouse60
Karines ReyesCo-sponsorDemocraticHouse87
Angelo SantabarbaraCo-sponsorDemocraticHouse111
Nader SayeghCo-sponsorDemocraticHouse90
Rebecca SeawrightCo-sponsorDemocraticHouse76
Amanda SeptimoCo-sponsorDemocratic/Working FamiliesHouse84
Phil SteckCo-sponsorDemocraticHouse110
Al TaylorCo-sponsorDemocraticHouse71

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. AMENDED ON THIRD READING 5031B
  2. ORDERED TO THIRD READING CAL.134
  3. RETURNED TO ASSEMBLY
  4. DIED IN SENATE
  5. REFERRED TO RULES
  6. DELIVERED TO SENATE
  7. PASSED ASSEMBLY
  8. ORDERED TO THIRD READING RULES CAL.434
  9. RULES REPORT CAL.434
  10. REPORTED
  11. REPORTED REFERRED TO RULES
  12. PRINT NUMBER 5031A

Showing 12 most recent of 14 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source