NY A10876 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 24 2020 - 25% progression, died in committee
Action: 2020-07-24 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on July 24 2020 - 25% progression, died in committee
Action: 2020-07-24 - referred to banks
Pending: Assembly Banks Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Relates to authorizing commercial mortgage forbearance during the COVID-19 pandemic; requires New York regulated institutions to make applications for forbearance available to qualified commercial mortgagors and to grant such forbearance for a period of ninety days, subject to the safety and soundness requirements of the regulated institution.
Title
Relates to authorizing commercial mortgage forbearance during the COVID-19 pandemic; requires New York regulated institutions to make applications for forbearance available to qualified commercial mortgagors and to grant such forbearance for a period of ninety days, subject to the safety and soundness requirements of the regulated institution.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-07-24 | Assembly | referred to banks |
Same As/Similar To
S08454 (Same As) 2020-07-20 - PRINT NUMBER 8454A