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Assembly Bill A639A

2025-2026 Legislative Session

Relates to requiring new employees to be provided certain information relating to student loan repayment information

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Current Bill Status - In Assembly Committee

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Bill Amendments

co-Sponsors

2025-A639 - Details

See Senate Version of this Bill:
S1673
Current Committee:
Assembly Banks
Law Section:
Labor Law
Laws Affected:
Add §271-a, Lab L
Versions Introduced in Other Legislative Sessions:
2019-2020: A7918, S5048
2021-2022: A3495, S859
2023-2024: A1873, S346

2025-A639 - Summary

Directs the development of materials to be provided to new employees relating to student loan repayment information.

2025-A639 - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    639
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by M. of A. KIM, HEVESI, BURDICK, GALLAGHER, GONZALEZ-ROJAS,
   FORREST, LUCAS, MAMDANI, HYNDMAN, REYES, SAYEGH, TAYLOR --  read  once
   and referred to the Committee on Banks
 
 AN  ACT  to  amend  the  labor  law,  in relation to public service loan
   forgiveness program information

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  labor law is amended by adding a new section 1003 to
 read as follows:
   § 1003. PUBLIC SERVICE LOAN  FORGIVENESS  PROGRAM  INFORMATION  TO  BE
 PROVIDED. 1. THE COMMISSIONER, IN CONSULTATION WITH THE PRESIDENT OF THE
 HIGHER  EDUCATION SERVICES CORPORATION, AND THE SUPERINTENDENT OF FINAN-
 CIAL SERVICES, SHALL DEVELOP A NOTICE, PAMPHLET OR OTHER WRITTEN MATERI-
 ALS REGARDING RESPONSIBILITIES AND REPAYMENT  OPTIONS  RELATING  TO  THE
 PUBLIC  SERVICE  LOAN  FORGIVENESS  PROGRAM.   SUCH MATERIALS SHALL ALSO
 PROVIDE DIRECTION TO ADDITIONAL RESOURCES FOR SUCH PROGRAM.
   2. EVERY PUBLIC SERVICE EMPLOYER IN  THE  STATE  SHALL,  UPON  HIRING,
 PROVIDE  TO ANY PERSON HIRED FOR A POST-GRADUATE INTERNSHIP OR AN ENTRY-
 LEVEL POSITION OF EMPLOYMENT THAT  REQUIRES  AN  ASSOCIATE'S  DEGREE  OR
 HIGHER  ON  OR  AFTER  THE  EFFECTIVE  DATE OF THIS SECTION, THE NOTICE,
 PAMPHLET OR OTHER MATERIALS DEVELOPED  UNDER  SUBDIVISION  ONE  OF  THIS
 SECTION.
   § 2. This act shall take effect on the one hundred eightieth day after
 it shall have become a law.  Effective immediately, the addition, amend-
 ment and/or repeal of any rule or regulation necessary for the implemen-
 tation  of  this act on its effective date are authorized to be made and
 completed on or before such effective date.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00228-01-5

co-Sponsors

2025-A639A (ACTIVE) - Details

See Senate Version of this Bill:
S1673
Current Committee:
Assembly Banks
Law Section:
Labor Law
Laws Affected:
Add §271-a, Lab L
Versions Introduced in Other Legislative Sessions:
2019-2020: A7918, S5048
2021-2022: A3495, S859
2023-2024: A1873, S346

2025-A639A (ACTIVE) - Summary

Directs the development of materials to be provided to new employees relating to student loan repayment information.

2025-A639A (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  639--A
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by M. of A. KIM, HEVESI, BURDICK, GALLAGHER, GONZALEZ-ROJAS,
   FORREST, LUCAS, MAMDANI, HYNDMAN, REYES, SAYEGH, TAYLOR --  read  once
   and  referred  to the Committee on Banks -- committee discharged, bill
   amended, ordered reprinted as amended and recommitted to said  commit-
   tee

 AN  ACT  to  amend  the labor law, in relation to student loan repayment
   information
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The labor law is amended by adding a new section 217-a to
 read as follows:
   § 217-A. STUDENT LOAN REPAYMENT INFORMATION TO  BE  PROVIDED.  1.  THE
 COMMISSIONER, IN CONSULTATION WITH THE PRESIDENT OF THE HIGHER EDUCATION
 SERVICES  CORPORATION,  AND  THE  SUPERINTENDENT  OF FINANCIAL SERVICES,
 SHALL DEVELOP A NOTICE, PAMPHLET OR OTHER  WRITTEN  MATERIALS  REGARDING
 RESPONSIBILITIES AND REPAYMENT OPTIONS FOR STUDENT LOANS. SUCH MATERIALS
 SHALL  INCLUDE  INFORMATION  ABOUT CONSOLIDATION AND ALTERNATIVE FEDERAL
 STUDENT LOAN REPAYMENT PLANS, INCLUDING INCOME-BASED PROGRAMS,  THAT  DO
 NOT  REQUIRE  CONSOLIDATING  EXISTING FEDERAL STUDENT LOANS, THAT MAY BE
 AVAILABLE TO BORROWERS. SUCH MATERIALS SHALL ALSO PROVIDE  DIRECTION  TO
 ADDITIONAL  RESOURCES INCLUDING THE WEBSITE FOR THE DEPARTMENT OF FINAN-
 CIAL SERVICES' STUDENT LENDING RESOURCE CENTER.    ADDITIONAL  MATERIALS
 SHALL  BE  DEVELOPED  IN  THE  SAME MANNER REGARDING PUBLIC SERVICE LOAN
 FORGIVENESS OR REPAYMENT PROGRAMS.
   2. EVERY EMPLOYER IN THE STATE  SHALL  PROVIDE  UPON  HIRING,  TO  ANY
 PERSON  HIRED  FOR A POST-GRADUATE INTERNSHIP OR AN ENTRY-LEVEL POSITION
 OF EMPLOYMENT THAT REQUIRES AN ASSOCIATE'S DEGREE OR HIGHER, ON OR AFTER
 THE EFFECTIVE DATE OF THIS SECTION A NOTICE WITH REGARD TO REPAYMENT  OF
 STUDENT  LOANS  DEVELOPED IN ACCORDANCE WITH THIS SECTION, PROVIDED THAT
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00228-03-5

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