Bill 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.

Spectrum: Partisan Bill (Democrat 16-0)

Status: (Passed) 2021-11-08 - SIGNED CHAP.593 [S00153 Detail]

Text: Latest bill text (Introduced) [HTML]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Kevin Thomas [D]	Primary	Sponsored Bills	SD-006	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jamaal Bailey [D]	Cosponsor	Sponsored Bills	SD-036	FollowTheMoney	Ballotpedia	VoteSmart
Senator Alessandra Biaggi [D]	Cosponsor	Sponsored Bills	SD-034	FollowTheMoney	Ballotpedia	VoteSmart
Senator John Brooks [D]	Cosponsor	Sponsored Bills	SD-008	FollowTheMoney	Ballotpedia	VoteSmart
Senator Simcha Felder [D]	Cosponsor	Sponsored Bills	SD-022	FollowTheMoney	Ballotpedia	VoteSmart
Senator Michelle Hinchey [D]	Cosponsor	Sponsored Bills	SD-041	FollowTheMoney	Ballotpedia	VoteSmart
Senator Brad Hoylman-Sigal [D]	Cosponsor	Sponsored Bills	SD-047	FollowTheMoney	Ballotpedia	VoteSmart
Senator Robert Jackson [D]	Cosponsor	Sponsored Bills	SD-031	FollowTheMoney	Ballotpedia	VoteSmart
Senator Anna Kaplan [D]	Cosponsor	Sponsored Bills	SD-007	FollowTheMoney	Ballotpedia	VoteSmart
Senator Liz Krueger [D]	Cosponsor	Sponsored Bills	SD-028	FollowTheMoney	Ballotpedia	VoteSmart
Senator Rachel May [D]	Cosponsor	Sponsored Bills	SD-048	FollowTheMoney	Ballotpedia	VoteSmart
Senator Shelley Mayer [D]	Cosponsor	Sponsored Bills	SD-037	FollowTheMoney	Ballotpedia	VoteSmart
Senator Roxanne Persaud [D]	Cosponsor	Sponsored Bills	SD-019	FollowTheMoney	Ballotpedia	VoteSmart
Senator Jessica Ramos [D]	Cosponsor	Sponsored Bills	SD-013	FollowTheMoney	Ballotpedia	VoteSmart
Senator Gustavo Rivera [D]	Cosponsor	Sponsored Bills	SD-033	FollowTheMoney	Ballotpedia	VoteSmart
Senator Luis Sepulveda [D]	Cosponsor	Sponsored Bills	SD-032	FollowTheMoney	Ballotpedia	VoteSmart

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