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 |
Senate Bill S6444
Signed By Governor2021-2022 Legislative Session
Sponsored By
(D) 10th Senate District
Archive: Last Bill Status Via A7019 - 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
2021-S6444 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7019
- Law Section:
- Banks
- Laws Affected:
- Amd §3, Chap 223 of 1996
2021-S6444 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6444 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, 2023), the authority of licensed lenders to charge annual fees on open-end personal loans.
2021-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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