The state Assembly has passed the remote notarization bill, sending it one step closer to becoming law. The state Senate passed the legislation earlier this session.
This legislation, should it be signed by Gov. Andrew Cuomo, will provide members and credit unions with the permanent ability to utilize remote notarization. Credit unions across the state have been utilizing remote electronic notarization services as a result of a March 2020 executive order and subsequent extensions that temporarily authorized this technology.
On Wednesday, and in early May, the New York Credit Union Association issued urgent calls to action on the legislation, and the passage of this bill is a direct reflection of Association members and leaders working closely with the Legislature.
This marks the second major legislative priority the Association and the state’s credit union advocates have helped push through the Legislature this session – the Excelsior Linked Deposit Program, a longtime priority, cleared the Legislature last week.
“This unprecedented record of legislative successes would not be possible without the many credit union advocates who testified, met with lawmakers, wrote letters and participated in our calls to action in support of these legislative priorities,” said William J. Mellin, Association president/CEO. “I sincerely thank you for your engagement on these matters.”