Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 03, 2019 |
signed chap.82 |
Jun 28, 2019 |
delivered to governor |
Jun 06, 2019 |
returned to senate passed assembly ordered to third reading cal.564 substituted for a7668 |
Jun 04, 2019 |
referred to banks delivered to assembly passed senate ordered to third reading cal.1175 committee discharged and committed to rules |
May 16, 2019 |
referred to banks |
Senate Bill S6100
Signed By Governor2019-2020 Legislative Session
Sponsored By
(D) 10th 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
2019-S6100 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7668
- Law Section:
- Banks
- Laws Affected:
- Amd §3, Chap 223 of 1996
2019-S6100 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6100 SPONSOR: SANDERS TITLE OF BILL: An act to amend chapter 223 of the laws of 1996, amending the banking law relating to permissible fees in connection with open end loans, in relation to extending the effectiveness thereof PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to continue for two years the existing stat- utory authority for licensed lenders to charge annual fees on open-end personal loans. SUMMARY OF SPECIFIC PROVISIONS: Section 1: Amends the effective date of Chapter 223 of the Laws of 1996 to extend, for two years (to June 30, 2021), the authority of licensed lenders to charge annual fees on open-end personal loans.
2019-S6100 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6100 2019-2020 Regular Sessions I N S E N A T E May 16, 2019 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Banks AN ACT to amend chapter 223 of the laws of 1996, amending the banking law relating to permissible fees in connection with open end loans, in relation to extending the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of chapter 223 of the laws of 1996, amending the banking law relating to permissible fees in connection with open end loans, as amended by chapter 77 of the laws of 2017, is amended to read as follows: § 3. This act shall take effect immediately, and remain in full force and effect until June 30, [2019] 2021, when, upon such date, the amend- ments made by this act shall expire and be deemed repealed, and the provisions of law amended by this act shall revert to their text and be read as they were immediately prior to the effective date of this act. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11550-01-9
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