NY A06506 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on March 8 2019 - 25% progression, died in chamber
Action: 2020-02-11 - enacting clause stricken
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 8 2019 - 25% progression, died in chamber
Action: 2020-02-11 - enacting clause stricken
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.
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
| Date | Chamber | Action |
|---|---|---|
| 2020-02-11 | Assembly | enacting clause stricken |
| 2020-01-08 | Assembly | referred to banks |
| 2019-03-08 | Assembly | referred to banks |
