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NY A04829
Bill
Status
Introduced
2/6/2025
Primary Sponsor
Kwani O'Pharrow
Click for details
AI Summary
- Adds violations of Article 15 of the Executive Law (New York's Human Rights Law) to the grounds for suspending or revoking a mortgage banker or mortgage broker license
- Expands the definition of conduct violations to include discriminatory practices committed in one's capacity as a mortgage banker or mortgage broker
- Creates a new penalty category (paragraph i) specifically for Human Rights Law violations by licensed mortgage professionals
- Takes effect immediately upon passage
Legislative Description
Relates to penalties for violations of article fifteen of the executive law committed by mortgage bankers and mortgage brokers; includes such violations as grounds for suspension or revocation of license or registration.
Last Action
referred to banks
1/7/2026
Committee Referrals
Banks2/6/2025
Full Bill Text
No bill text available