Senate Bill S8754

2019-2020 Legislative Session

Includes medical services, student loans, auto loans and retail installment contracts in the definition of consumer credit transaction

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Rules Committee


  • 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

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2019-S8754 (ACTIVE) - Details

See Assembly Version of this Bill:
A10767
Current Committee:
Senate Rules
Law Section:
Civil Practice Law and Rules
Laws Affected:
Amd §105, CPLR
Versions Introduced in Other Legislative Sessions:
2021-2022: S505, S915, A3055
2023-2024: S586, A6672

2019-S8754 (ACTIVE) - Summary

Includes medical services, student loans, auto loans and retail installment contracts in the definition of "consumer credit transaction".

2019-S8754 (ACTIVE) - Sponsor Memo

2019-S8754 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8754
 
                             I N  S E N A T E
 
                               July 14, 2020
                                ___________
 
 Introduced  by  Sen. KRUEGER -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the civil practice law and rules, in relation to includ-
   ing medical services, student loans, auto loans and retail installment
   contracts in the definition of "consumer credit transaction"
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  (f) of section 105 of the civil practice law
 and rules, as amended by chapter 238 of the laws of 1973, is amended  to
 read as follows:
   (f)  Consumer  credit  transaction.  The  term "consumer credit trans-
 action" means a transaction wherein credit is extended to an  individual
 and  the  money, property, or service which is the subject of the trans-
 action is primarily for personal,  family  or  household  purposes.    A
 CONSUMER  CREDIT  TRANSACTION INCLUDES DEBT INCURRED IN CONNECTION WITH,
 AMONG OTHERS, MEDICAL SERVICES, STUDENT LOANS WHETHER OWED TO THE  STATE
 OF NEW YORK OR OTHERWISE, AUTO LOANS AND RETAIL INSTALLMENT CONTRACTS.
   § 2. This act shall take effect immediately.
 
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD16861-01-0



              

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