Bill Text: NY S06913 | 2017-2018 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Establishes the credit reporting rights outreach program to educate the public about the rights and obligations of citizens of the state of New York under the federal Equal Credit Opportunity Act; requires an annual report concerning the operation of such program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2018-03-14 - PRINT NUMBER 6913A [S06913 Detail]

Download: New_York-2017-S06913-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          6913
                               2017-2018 Regular Sessions
                    IN SENATE
                                    October 13, 2017
                                       ___________
        Introduced  by Sen. CARLUCCI -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
        AN ACT to amend the financial services law,  in  relation  to  a  public
          education program about the rights of consumers
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The financial services law is amended by adding a new arti-
     2  cle 7 to read as follows:
     3                                  ARTICLE 7
     4                  CREDIT REPORTING RIGHTS OUTREACH PROGRAM
     5  Section 701. Credit reporting rights outreach program established.
     6    § 701.   Credit reporting rights  outreach  program  established.  (a)
     7  There  is  hereby  established  within the department a credit reporting
     8  rights outreach program to educate the public about the rights of  citi-
     9  zens of the state of New York under the federal Equal Credit Opportunity
    10  Act.
    11    (b)  The  superintendent  shall submit on or before December first, an
    12  annual report to the governor and the legislature concerning the  opera-
    13  tion  of the credit reporting rights program. Commencing in two thousand
    14  eighteen, such reports shall include the experience of  the  program  in
    15  providing  outreach  and  education  to  the  public on the issue of the
    16  rights of citizens of the state of New  York  under  the  federal  Equal
    17  Credit Opportunity Act.
    18    §  2.  This  act shall take effect on the ninetieth day after it shall
    19  have become a law.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13606-01-7