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Assembly Bill A11004

2025-2026 Legislative Session

Extends certain provisions relating to installment loans and obligations evidencing installment loans

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Current Bill Status - In Senate Committee Local Government Committee

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2025-A11004 (ACTIVE) - Details

See Senate Version of this Bill:
S9901
Current Committee:
Senate Local Government
Law Section:
Local Finance
Laws Affected:
Amd §3, Chap 492 of 1993
Versions Introduced in 2023-2024 Legislative Session:
A7381, S7066

2025-A11004 (ACTIVE) - Summary

Extends certain provisions relating to installment loans and obligations evidencing installment loans to 2029.

2025-A11004 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   11004
 
                           I N  A S S E M B L Y
 
                              April 16, 2026
                                ___________
 
 Introduced  by  M.  of  A.  SOLAGES  -- (at request of the Environmental
   Facilities Corporation) -- read once and referred to the Committee  on
   Local Governments
 
 AN  ACT  to  amend  chapter  492  of the laws of 1993 amending the local
   finance law relating to installment loans and  obligations  evidencing
   installment 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 492 of the laws of 1993, amending  the
 local finance law relating to installment loans and obligations evidenc-
 ing installment loans, as amended by chapter 342 of the laws of 2023, is
 amended to read as follows:
   §  3.  This act shall take effect immediately and shall remain in full
 force and effect until September 30, [2026] 2029, at which time it shall
 be deemed repealed.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15008-01-6

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