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NY A06284
Bill
Status
Introduced
3/1/2017
Primary Sponsor
Rebecca Seawright
Click for details
AI Summary
- Extends the expiration date of Chapter 223 of the Laws of 1996 (relating to permissible fees for open-end loans) from June 30, 2017 to June 30, 2019
- Allows amendments made to the banking law regarding open-end loan fees to remain in effect for an additional two years
- Upon the new expiration date of June 30, 2019, the amendments shall expire and revert to their previous legal text
- Takes effect immediately upon enactment
Legislative Description
Extends the effectiveness of certain provisions relating to permissible fees in connection with open end loans.
Last Action
substituted by s4998
5/3/2017
Committee Referrals
Banks3/1/2017
Full Bill Text
No bill text available