New York will not pass comprehensive consumer privacy laws this year, leading state lawmakers and industry officials predicted Friday.

"Absolutely, an encompassing privacy package will stall," said Assemblyman Robert J. Warner, the banking committee's top Republican. "I envision the Assembly passing pretty heavy privacy laws this year, but I don't expect it to go through the Senate & which shares concerns with bankers that we need to have opt-out, not opt-in legislation."

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