NY A10532 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 28 2020 - 25% progression, died in chamber
Action: 2020-07-22 - ordered to third reading rules cal.329
Text: Latest bill text (Amended) [HTML]

Summary

Relates to the forbearance of residential and commercial investment property mortgage repayments; requires New York regulated banking organizations to make applications for forbearance for residential and commercial investment property mortgage repayments available to qualified mortgagors during the period in which the NY on PAUSE order is in effect in the county wherein the qualified mortgagor holder is located and to grant such applications for a period of 180 days.

Tracking Information

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Title

Relates to the forbearance of residential and commercial investment property mortgage repayments; requires New York regulated banking organizations to make applications for forbearance for residential and commercial investment property mortgage repayments available to qualified mortgagors during the period in which the NY on PAUSE order is in effect in the county wherein the qualified mortgagor holder is located and to grant such applications for a period of 180 days.

Sponsors


Roll Calls

2020-07-22 - Assembly - Assembly Rules Committee: Favorable (Y: 22 N: 7 NV: 0 Abs: 1) [PASS]
2020-07-17 - Assembly - Assembly Codes Committee: Favorable refer to committee Rules (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2020-07-13 - Assembly - Assembly Banks Committee: Favorable refer to committee Codes (Y: 23 N: 6 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2020-07-22Assemblyordered to third reading rules cal.329
2020-07-22Assemblyrules report cal.329
2020-07-22Assemblyreported
2020-07-17Assemblyreported referred to rules
2020-07-13Assemblyreported referred to codes
2020-07-10Assemblyprint number 10532a
2020-07-10Assemblyamend (t) and recommit to banks
2020-05-28Assemblyreferred to banks

Same As/Similar To

S08744 (Same As) 2020-07-13 - REFERRED TO RULES

New York State Sources

TypeSource
Summaryhttps://www.nysenate.gov/legislation/bills/2019/A10532
Texthttps://assembly.state.ny.us/leg/?default_fld=&bn=A10532&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10532
Texthttps://assembly.state.ny.us/leg/?default_fld=&bn=A10532&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10532A
Roll Callhttps://assembly.state.ny.us/leg/?default_fld=&bn=A10532&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#AC1
Roll Callhttps://assembly.state.ny.us/leg/?default_fld=&bn=A10532&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#AC2
Roll Callhttps://assembly.state.ny.us/leg/?default_fld=&bn=A10532&term=2019&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#AC3

Bill Comments

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