Comments: NY A06506 | 2019-2020 | General Assembly

Bill 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.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced) 2019-03-08 - referred to banks [A06506 Detail]

Text: Latest bill text (Introduced) [HTML]

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