NY A08610 | 2009-2010 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 29 2009 - 25% progression, died in committee
Action: 2010-06-03 - print number 8610a
Pending: Assembly Banks Committee
Text: Latest bill text (Amended) [HTML]

Summary

To help address and prevent abusive practices which have resulted from relationships between some home improvement contractors and some mortgage lenders or mortgage brokers.

Tracking Information

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Title

Provides that where a home improvement contractor is acting as a mortgage broker without being registered as required under the Banking Law, a mortgage banker, mortgage broker or exempt organization may not engage in such transaction with the contractor, and shall promptly notify the banking department that such person is acting as an unregistered broker.

Sponsors


History

DateChamberAction
2010-06-03 print number 8610a
2010-06-03 amend and recommit to banks
2010-01-06 referred to banks
2009-05-29 referred to banks

Same As/Similar To

S2843 (Same As) 2010-05-26 - PRINT NUMBER 2843A

New York State Sources


Bill Comments

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