senate Bill S9121

Signed By Governor
2021-2022 Legislative Session

Postpones the effectiveness for grace periods for the use of credit card reward points

download bill text pdf

Sponsored By

Current Bill Status - 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 (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Aug 17, 2022 signed chap.545
Aug 05, 2022 delivered to governor
Jun 03, 2022 returned to senate
passed assembly
ordered to third reading rules cal.660
substituted for a10490
Jun 01, 2022 referred to ways and means
delivered to assembly
passed senate
May 31, 2022 ordered to third reading cal.1703
committee discharged and committed to rules
May 10, 2022 referred to consumer protection

S9121 (ACTIVE) - Details

See Assembly Version of this Bill:
A10490
Law Section:
General Business
Laws Affected:
Amd §2, Chap 667 of 2021

S9121 (ACTIVE) - Summary

Postpones the effectiveness for grace periods for the use of credit card reward points for one additional year to December 10, 2023.

S9121 (ACTIVE) - Sponsor Memo

S9121 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9121
 
                             I N  S E N A T E
 
                               May 10, 2022
                                ___________
 
 Introduced  by  Sen.  MAYER  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Consumer Protection
 
 AN ACT to amend chapter 667 of the laws of  2021  amending  the  general
   business  law  relating to establishing a set grace period for the use
   of credit card reward points, in relation to the effectiveness thereof

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 2 of chapter 667 of the laws of 2021, amending the
 general business law relating to establishing a set grace period for the
 use of credit card reward points, is amended to read as follows:
   § 2. This act shall take effect [one year] TWO YEARS  after  it  shall
 have become a law, and shall apply to all credit card agreements entered
 into, renewed, modified or amended on or after such effective date.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15765-01-2


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