NY S00153 | 2021-2022 | General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 16-0)
Status: Passed on November 8 2021 - 100% progression
Action: 2021-11-08 - SIGNED CHAP.593
Text: Latest bill text (Introduced) [HTML]

Summary

Enacts the "consumer credit fairness act"; establishes a 3 year statute of limitations for commencement of a cause of action arising out of a consumer credit transaction where the defendant is a purchaser, borrower or debtor; establishes a notice of lawsuit which must be mailed to the defendant in such a cause of action; establishes certain requirements for the complaint in such an action; provides for arbitration of such actions.

Tracking Information

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Title

Enacts the "consumer credit fairness act"; establishes a 3 year statute of limitations for commencement of a cause of action arising out of a consumer credit transaction where the defendant is a purchaser, borrower or debtor; establishes a notice of lawsuit which must be mailed to the defendant in such a cause of action; establishes certain requirements for the complaint in such an action; provides for arbitration of such actions.

Sponsors


Roll Calls

2021-06-02 - Assembly - Assembly Floor Vote - Final Passage (Y: 103 N: 45 NV: 0 Abs: 2) [PASS]
2021-05-25 - Senate - Senate Floor Vote - Final Passage (Y: 43 N: 20 NV: 0 Abs: 0) [PASS]
2021-02-23 - Senate - Senate Judiciary Committee Vote (Y: 11 N: 4 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2021-11-08SenateSIGNED CHAP.593
2021-10-27SenateDELIVERED TO GOVERNOR
2021-06-02Assemblyreturned to senate
2021-06-02Assemblypassed assembly
2021-06-02Assemblyordered to third reading cal.350
2021-06-02Assemblysubstituted for a2382
2021-05-25Assemblyreferred to codes
2021-05-25SenateDELIVERED TO ASSEMBLY
2021-05-25SenatePASSED SENATE
2021-03-01SenateADVANCED TO THIRD READING
2021-02-24Senate2ND REPORT CAL.
2021-02-23Senate1ST REPORT CAL.405
2021-01-06SenateREFERRED TO JUDICIARY

Same As/Similar To

A02382 (Same As) 2021-06-02 - substituted by s153

New York State Sources


Bill Comments

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