NY S02884

Prohibits employers, labor organizations, and employment agencies from requesting or using consumer credit history for hiring, compensation, or employment decisions, with specific exceptions for law enforcement, bonded positions, security clearance positions, and roles with access to funds or sensitive data valued at $10,000 or more.

Defines "consumer credit history" to include credit reports, credit scores, and direct information from applicants about credit accounts, late payments, debts in collections, bankruptcies, judgments, and liens.

Prohibits state and municipal agencies from using consumer credit history for licensing or permitting purposes, except as required by law, while preserving agencies' ability to consider unpaid taxes, fines, penalties, or fees.

Exempts employers required by state or federal law or self-regulatory organizations to use credit history for employment purposes from the hiring restrictions.

Requires the Division of Human Rights to report to the legislature within two years on agencies' and employers' use of the exemptions established in this law.