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Bill criminalizing failure to return erroneous peer‑to‑peer payments advanced with amendments after mixed comments
Summary
A2946, which would criminalize failure to return erroneous person‑to‑person electronic payments and clarifies payment‑network definitions, was released with committee amendments after members raised concerns about small businesses and platform access to human support.
The Judiciary Committee advanced A2946 with committee amendments after members debated whether criminal penalties are the right tool to address mistaken or fraudulent person‑to‑person electronic payments.
Clerk read the bill, which would criminalize failure to return erroneous payments following proper notification and includes an amendment…
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