Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Jun 07, 2018 | referred to higher education delivered to assembly passed senate |
Jan 29, 2018 | advanced to third reading amended 5120a |
Jan 23, 2018 | 2nd report cal. |
Jan 22, 2018 | 1st report cal.241 |
Jan 03, 2018 | referred to higher education returned to senate died in assembly |
Jun 13, 2017 | referred to higher education delivered to assembly passed senate |
Jun 05, 2017 | advanced to third reading |
May 24, 2017 | 2nd report cal. |
May 23, 2017 | 1st report cal.1243 |
Mar 08, 2017 | referred to higher education |
senate Bill S5120A
Sponsored By
Jesse Hamilton
(D) 0 Senate District
Archive: Last Bill Status - Passed Senate
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Bill Amendments
Co-Sponsors
Pamela Helming
(R, C, IP) 54th Senate District
S5120 - Details
S5120 - Sponsor Memo
BILL NUMBER: S5120 TITLE OF BILL : An act to establish a private student loan refinance task force; and providing for the repeal of such provisions upon expiration thereof PURPOSE OR GENERAL IDEA OF BILL : Establishes the private student loan refinance task force to recommend ways lending institutions can offer New York graduates of higher education the opportunity to refinance their student loans and provide borrowers with more flexibility with reducing monthly payments SUMMARY OF SPECIFIC PROVISIONS : Section 1. Establishes the private student loan refinance task force and describes its purpose Section 2: Describes the members of the private student loan refinance task force and when such members shall be appointed by Section 3: Authorizes the president of the higher education services corporation be designated as the chairperson for the private student loan refinance task force and provides that the members of the task force shall serve without compensation
S5120 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5120 2017-2018 Regular Sessions I N S E N A T E March 8, 2017 ___________ Introduced by Sen. HAMILTON -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education AN ACT to establish a private student loan refinance task force; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. There is hereby established the private student loan refi- nance task force. The purpose of such task force is to study and analyze ways lending institutions that offer private student loans to New York graduates of institutions of higher education can be incentives and encouraged to create student loan refinance programs. § 2. The private student loan refinance task force shall consist of 11 members and shall include: the state comptroller or his or her designee, the superintendent of financial services or his or her designee, the president of the higher education services corporation or his or her designee, the chairs and ranking minority members of the senate and assembly committees on higher education or their designees, and 4 members appointed by the governor from lending institutions in New York that offer private student loans. All appointments of members of the private student loan refinance task force shall be made no later than thirty days after the effective date of this act. § 3. The president of the higher education services corporation shall be designated as the chairperson of the private student loan refinance task force. The members of the private student loan refinance task force shall serve without compensation, except that members shall be allowed their necessary and actual expenses incurred in the performance of their duties under this act. § 4. The private student loan refinance task force shall issue a report of its findings and recommendations to the governor, the tempo- rary president of the senate and the speaker of the assembly no later than December 31, 2017. § 5. This act shall take effect immediately and shall expire and be deemed repealed January 1, 2018.
Co-Sponsors
Pamela Helming
(R, C, IP) 54th Senate District
Luis R. Sepúlveda
(D) 32nd Senate District
S5120A (ACTIVE) - Details
S5120A (ACTIVE) - Sponsor Memo
BILL NUMBER: S5120A SPONSOR: HAMILTON TITLE OF BILL: An act to establish a private student loan refinance task force; and providing for the repeal of such provisions upon expira- tion thereof PURPOSE OR GENERAL IDEA OF BILL: Establishes the private student loan refinance task force to recommend ways lending institutions can offer New York graduates of higher educa- tion the opportunity to refinance their student loans and provide borrowers with more flexibility with reducing monthly payments SUMMARY OF SPECIFIC PROVISIONS: Section 1. Establishes the private student loan refinance task force and describes its purpose Section 2: Describes the members of the private student loan refinance task force and when such members shall be appointed by
S5120A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5120--A Cal. No. 241 2017-2018 Regular Sessions I N S E N A T E March 8, 2017 ___________ Introduced by Sens. HAMILTON, HELMING -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education -- recommitted to the Committee on Higher Education in accordance with Senate Rule 6, sec. 8 -- reported favorably from said committee, ordered to first and second report, amended on second report, ordered to a third reading, and to be reprinted as amended, retaining its place in the order of third reading AN ACT to establish a private student loan refinance task force; and providing for the repeal of such provisions upon expiration thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. There is hereby established the private student loan refi- nance task force. The purpose of such task force is to study and analyze ways lending institutions that offer private student loans to New York graduates of institutions of higher education can be incentives and encouraged to create student loan refinance programs. § 2. The private student loan refinance task force shall consist of 11 members and shall include: the state comptroller or his or her designee, the superintendent of financial services or his or her designee, the president of the higher education services corporation or his or her designee, the chairs and ranking minority members of the senate and assembly committees on higher education or their designees, and 4 members appointed by the governor from lending institutions in New York that offer private student loans. All appointments of members of the private student loan refinance task force shall be made no later than thirty days after the effective date of this act. § 3. The president of the higher education services corporation shall be designated as the chairperson of the private student loan refinance task force. The members of the private student loan refinance task force shall serve without compensation, except that members shall be allowed EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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