New York Assembly Bill A03360

New York 2025-2026 Regular Session

• Introduced: 1/27/25
• Refer: 1/27/25
• Refer: 1/7/26

Caption

Relates to increasing the fees certain notaries public shall be entitled to from two dollars to five dollars.

Summary

Bill A03360 proposes amendments to the executive law to increase the fees that notaries public in New York are entitled to charge for their services. Specifically, the bill raises the fee for administering an oath or affirmation and certifying it from two dollars to five dollars. Additionally, the fee for taking and certifying the acknowledgment or proof of execution of a written instrument by one person is also increased from two dollars to five dollars, with the same increase applying to each additional person involved. The bill aims to modernize the fee structure for notaries public in light of inflation and the evolving nature of notarial services, including electronic notarization. The impact of this bill on state laws will be significant as it directly alters the fee schedule established under the executive law for notaries public. By increasing the fees, the bill may provide notaries with a more sustainable income, reflecting the current economic conditions. This change could also influence the accessibility of notarial services, as higher fees may deter some individuals from seeking these services, although the increase is relatively modest. Overall, the bill seeks to ensure that notaries are compensated fairly for their work while maintaining compliance with state regulations. The general sentiment around Bill A03360 appears to be supportive, as there have been no recorded votes against it and no significant opposition noted in committee discussions. Stakeholders, including notaries public, may view the fee increase as a necessary adjustment to keep pace with inflation and the costs associated with providing notarial services. However, there may be concerns about the potential impact on consumers who require these services regularly. Notable points of contention may arise from the perspective of consumer advocacy groups who might argue that increasing fees could disproportionately affect low-income individuals who rely on notarial services. Additionally, there may be discussions regarding the appropriateness of the fee increase and whether it adequately reflects the value of notarial services in the current economic climate. Overall, while the bill is likely to pass with minimal opposition, it is essential to consider the broader implications of raising fees for public services.

Impact

The bill will amend the executive law to increase the fees for notaries public, which may lead to a more sustainable income for notaries while potentially affecting the accessibility of notarial services for consumers. The increase is aimed at aligning notarial fees with current economic conditions and inflation, thereby modernizing the fee structure for these essential services.

Sentiment

The sentiment surrounding Bill A03360 is generally positive, with no recorded votes against it and a lack of significant opposition in committee discussions. Stakeholders, particularly notaries public, are likely to support the fee increase as a necessary adjustment to their compensation.

Contention

Points of contention may include concerns from consumer advocacy groups about the impact of increased fees on low-income individuals who need notarial services. Additionally, there may be discussions regarding whether the fee increase is justified based on the value of notarial services in the current economic climate.