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NY S08373
Bill
Status
Passed
11/22/2024
Primary Sponsor
Gustavo Rivera
Click for details
AI Summary
- Amends the definition of "medical debt" in the General Business Law and Public Health Law to exclude credit card debt, except for cards issued specifically for health care payments
- Specifies that only open-ended or closed-ended credit plans offered specifically for health care services, products, or devices qualify as medical debt
- Applies retroactively to the effective date of Chapter 727 of the Laws of 2023, which prohibited medical debt collection by consumer reporting agencies
- Takes effect immediately upon enactment
Legislative Description
Exempts credit card debt from the definition of medical debt unless the credit card is issued under an open-ended or closed-ended plan offered specifically for the payment of health care services, products, or devices provided to a person.
Last Action
APPROVAL MEMO.19
11/22/2024
Committee Referrals
Ways and Means5/16/2024
Consumer Affairs and Protection1/24/2024
Full Bill Text
No bill text available