Bill Text: NY A06508 | 2017-2018 | General Assembly | Introduced

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Bill Title: Relates to extending the effectiveness of provisions of law relating to installment loans and obligations evidencing installment loans.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Passed) 2017-06-26 - signed chap.46 [A06508 Detail]

Download: New_York-2017-A06508-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          6508
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                      March 7, 2017
                                       ___________
        Introduced  by  M.  of A. MAGNARELLI -- (at request of the Environmental
          Facilities Corporation) -- read once and referred to the Committee  on
          Local Governments
        AN  ACT  to  amend  chapter  492  of the laws of 1993 amending the local
          finance law relating to installment loans and  obligations  evidencing
          installment loans, in relation to extending the effectiveness thereof
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 3 of chapter 492 of the laws of 1993  amending  the
     2  local finance law relating to installment loans and obligations evidenc-
     3  ing installment loans, as amended by chapter 111 of the laws of 2014, is
     4  amended to read as follows:
     5    §  3.  This act shall take effect immediately and shall remain in full
     6  force and effect until September 30, [2017] 2020, at which time it shall
     7  be deemed repealed.
     8    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09936-01-7