Assembly bill · A837 (2025-26)
Enacts the "empire state enhanced public payment system act"
New York State Assembly
Sponsor: Ron Kim (Assembly Member, District 40, Democratic)
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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 30, 2026. About our data
Summary
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.
Summary from NY Open Legislation. How we handle summaries
Amends the State Finance Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Banks · New York State Assembly
Also referred to Banks · New York State Senate.
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Cosponsors
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Read on NY Senate (opens in a new tab)- Democratic3
- Republican2
This bill has cosponsors from more than one party.
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Full history
- Jan 7, 2026
Referred to committee
REFERRED TO BANKS
NY Assembly
- Jan 8, 2025
Referred to committee
REFERRED TO BANKS
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.