NY A06511 | 2017-2018 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 20-0)
Status: Introduced on March 7 2017 - 25% progression, died in committee
Action: 2018-01-03 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Enacts the "credit creation pilot program act of New York"; directs the superintendent of financial services to create and implement such act; defines terms; provides that a program licensee may not offer or make a program loan or impose any charges or fees without prior approval from the superintendent of financial services to participate in the program; provides for disclosures, statements and receipts, referral partners, permitted services and prohibited activities.

Tracking Information

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Title

Enacts the "credit creation pilot program act of New York"; directs the superintendent of financial services to create and implement such act; defines terms; provides that a program licensee may not offer or make a program loan or impose any charges or fees without prior approval from the superintendent of financial services to participate in the program; provides for disclosures, statements and receipts, referral partners, permitted services and prohibited activities.

Sponsors


History

DateChamberAction
2018-01-03Assemblyreferred to banks
2017-03-07Assemblyreferred to banks

Same As/Similar To

S05771 (Same As) 2017-06-07 - RECOMMIT, ENACTING CLAUSE STRICKEN

New York State Sources


Bill Comments

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