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

Current Bill Status - In Senate Committee Rules Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 14, 2020 referred to rules

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

S8754 (ACTIVE) - Summary

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

S8754 (ACTIVE) - Sponsor Memo

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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