senate Bill S6444

Signed By Governor
2021-2022 Legislative Session

Extends the effectiveness of certain provisions relating to permissible fees in connection with open end loans

download bill text pdf

Sponsored By

Current Bill Status Via A7019 - Signed by Governor


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

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Actions

view actions (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 01, 2021 signed chap.201
Jun 24, 2021 delivered to governor
May 25, 2021 returned to assembly
passed senate
3rd reading cal.1152
substituted for s6444
May 25, 2021 substituted by a7019
May 24, 2021 advanced to third reading
May 20, 2021 2nd report cal.
May 18, 2021 1st report cal.1152
Apr 29, 2021 referred to banks

S6444 (ACTIVE) - Details

See Assembly Version of this Bill:
A7019
Law Section:
Banks
Laws Affected:
Amd §3, Chap 223 of 1996

S6444 (ACTIVE) - Summary

Extends the effectiveness of certain provisions relating to permissible fees in connection with open end loans.

S6444 (ACTIVE) - Sponsor Memo

S6444 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6444
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                              April 29, 2021
                                ___________
 
 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 82 of the laws of 2019, is amended to read
 as follows:
   § 3. This act shall take effect immediately, and remain in full  force
 and  effect until June 30, [2021] 2023, 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 ments made by this act shall expire and  be  deemed  repealed,  and  the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.
                                                            LBD10933-01-1


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