S T A T E O F N E W Y O R K
________________________________________________________________________
11254
I N A S S E M B L Y
May 4, 2026
___________
Introduced by M. of A. ROSENTHAL -- read once and referred to the
Committee on Consumer Affairs and Protection
AN ACT to amend the general business law, in relation to removing
certain language relating to requests for reconsideration of creditor
determinations
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 4 of section 604-bb of the general business
law, as amended by chapter 90 of the laws of 2026, is amended to read as
follows:
4. A debtor who receives written notice under paragraph (c) of subdi-
vision three of this section that the creditor will recommence
collection activities against such debtor based on such creditor's
determination under subdivision three of this section may make a request
to the creditor that the creditor reconsider such determination to
recommence collection activities within thirty days of the date of mail-
ing of such written determination. A debtor requesting reconsideration
of a creditor's determination to recommence collection activities shall
be permitted to submit additional adequate documentation of coerced
debt, as defined in this article. A creditor who receives a debtors
request for reconsideration shall complete a review of all information,
including additional adequate documentation submitted, within thirty
days of receiving such request. Any further reconsideration of the cred-
itor's determination with regard to such particular debt shall be at the
discretion of the creditor. [Submitting a request for reconsideration of
the determination to the creditor shall not be a condition to bringing
an action under section six hundred four-cc of this article.]
§ 2. This act shall take effect on the same date and in the same
manner as chapter 90 of the laws of 2026, takes effect.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15737-01-6
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.