· NY legislature · 2025-2026

Imposes a fee on customers who initiate international wire transfers without a valid social security number or taxpayer identification number

Imposes a fee of not less than twenty per centum of transaction amounts equal to or exceeding one thousand dollars on customers who initiate international wire transfers without a valid social security number or taxpayer identification number.

Sponsor

Sam Pirozzolo (R-NY)

Introduced

2025-01-08

Policy area

Finance and Financial Sector

Latest action

REFERRED TO BANKS