Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 29, 2017 |
approval memo.29 signed chap.441 |
Nov 17, 2017 |
delivered to governor |
Jun 19, 2017 |
returned to senate passed assembly ordered to third reading cal.315 substituted for a684a |
Jun 15, 2017 |
referred to ways and means delivered to assembly passed senate |
Jun 14, 2017 |
ordered to third reading cal.1762 |
Jun 12, 2017 |
print number 6161a |
Jun 12, 2017 |
amend and recommit to rules |
Jun 07, 2017 |
reported and committed to rules |
May 11, 2017 |
referred to banks |
Senate Bill S6161A
Signed By Governor2017-2018 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
2017-S6161 - Details
2017-S6161 - Sponsor Memo
BILL NUMBER: S6161 TITLE OF BILL : An act to direct the department of financial services to study, evaluate and make recommendations concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements PURPOSE OR GENERAL IDEA OF BILL : To direct the Department of Financial Services to study, evaluate and make recommendations concerning businesses engaged in pension loan advancements. SUMMARY OF SPECIFIC PROVISIONS : Section 1 authorizes and directs the Department of Financial services to study, evaluate and make recommendations concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements. Section 2 authorizes and directs the Department of Financial Services to hold public hearings while conducting its examination and evaluation of businesses engaged in pension loan advancements. Section 3 directs the Department of Financial Services to submit a report on or before January 1, 2016 to the Superintendent of Financial Services, the Governor and the Legislature with its findings, recommendations and regulatory proposals for businesses engaged in
2017-S6161 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6161 2017-2018 Regular Sessions I N S E N A T E May 11, 2017 ___________ Introduced by Sen. HAMILTON -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to direct the department of financial services to study, evaluate and make recommendations concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The department of financial services is hereby authorized and directed to examine, evaluate and make recommendations concerning the licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements. § 2. The department of financial services shall hold public hearings in the course of conducting its examination and evaluation pursuant to this act. § 3. The department of financial services shall submit a report, on or before January 1, 2018, to the superintendent of financial services, the governor and the legislature of its findings, conclusions and recommen- dations, and shall submit with its report such legislative and regulato- ry proposals as it deems necessary to implement its recommendations. § 4. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03960-01-7
2017-S6161A (ACTIVE) - Details
2017-S6161A (ACTIVE) - Sponsor Memo
BILL NUMBER: S6161A TITLE OF BILL : An act to direct the department of financial services to study, evaluate and make recommendations concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements PURPOSE OR GENERAL IDEA OF BILL : To direct the Department of Financial Services to study, evaluate and make recommendations concerning businesses engaged in pension loan advancements. SUMMARY OF SPECIFIC PROVISIONS : Section 1 authorizes and directs the Department of Financial services to study, evaluate and make recommendations concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements. Section 2 authorizes and directs the Department of Financial Services to hold public hearings while conducting its examination and evaluation of businesses engaged in pension loan advancements. Section 3 directs the Department of Financial Services to submit a report on or before January 1, 2016 to the Superintendent of Financial
2017-S6161A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6161--A 2017-2018 Regular Sessions I N S E N A T E May 11, 2017 ___________ Introduced by Sen. HAMILTON -- read twice and ordered printed, and when printed to be committed to the Committee on Banks -- reported favora- bly from said committee and committed to the Committee on Rules -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to direct the department of financial services to study, evaluate and make recommendations concerning licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The department of financial services is hereby authorized and directed to examine, evaluate and make recommendations concerning the licensure, limits on fees and interest and disclosure practices of businesses engaged in pension loan advancements. § 2. The department of financial services shall hold public hearings in the course of conducting its examination and evaluation pursuant to this act. § 3. The department of financial services shall submit a report, on or before January 1, 2018, to the superintendent of financial services, the governor, the temporary president of the senate, the speaker of the assembly, the chair of the senate banks committee, and the chair of the assembly banks committee of its findings, conclusions and recommenda- tions, and shall submit with its report such legislative proposals as it deems necessary to implement its recommendations. § 4. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03960-03-7
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