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NY S04998

Bill

Official Source

Status

Passed

6/29/2017

Primary Sponsor

Jesse Hamilton

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Amends Chapter 223 of the Laws of 1996 relating to permissible fees for open end loans under banking law
  • Extends the expiration date of the fee provisions from June 30, 2017 to June 30, 2019
  • After June 30, 2019, the amendments will expire and banking law will revert to its previous 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

SIGNED CHAP.77

6/29/2017

Committee Referrals

Banks5/1/2017
Banks3/3/2017

Full Bill Text

No bill text available