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NY A07172

Bill

Official Source

Status

Passed

6/30/2023

Primary Sponsor

Rebecca Seawright

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends chapter 223 of the laws of 1996 relating to permissible fees in connection with open end loans under the banking law
  • Extends the expiration date of the law from June 30, 2023 to June 30, 2025
  • Current provisions remain in full force and effect until the new expiration date, at which point they expire and revert to prior law
  • Takes effect immediately upon enactment

Legislative Description

Extends the effectiveness of provisions of law relating to permissible fees in connection with open end loans from June 30, 2023 until June 30, 2025.

Last Action

signed chap.155

6/30/2023

Committee Referrals

Banks5/30/2023
Rules5/23/2023
Banks5/12/2023

Full Bill Text

No bill text available