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New York · 2025 Regular Session · Bill

A 8761: Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry

In committee 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 8761 is a bill introduced in the New York House on June 2, 2025. According to its official title, it concerns: Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry. Primary sponsor: Catalina Cruz (Democratic). It lists 4 additional sponsors. Most recent recorded action (January 20, 2026): REPORTED REFERRED TO WAYS AND MEANS.

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.

Directs the superintendent of financial services to conduct an analysis of the financial stability of the check cashing industry and review the current system of licensing for such industry and issue reports on both topics.

Sponsors

Sponsors by party (alphabetical): Democratic 5

NameRolePartyChamberDistrict
Catalina CruzPrimary sponsorDemocraticHouse39
Nader SayeghCo-sponsorDemocraticHouse90
Al TaylorCo-sponsorDemocraticHouse71
Emérita TorresCo-sponsorDemocraticHouse85
Kalman YegerCo-sponsorDemocraticHouse41

“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. REPORTED REFERRED TO WAYS AND MEANS
  2. REFERRED TO BANKS
  3. REFERRED TO BANKS

Sources

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