Bill Text: NY S06987 | 2013-2014 | General Assembly | Introduced
Bill Title: Extends provisions of law relating to installment loans.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-06-19 - SUBSTITUTED BY A9035 [S06987 Detail]
Download: New_York-2013-S06987-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 6987 I N S E N A T E April 11, 2014 ___________ Introduced by Sen. GRISANTI -- (at request of the Environmental Facili- ties Corporation) -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government 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 of such provisions 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 41 of the laws of 2011, is 4 amended to read as follows: 5 S 3. This act shall take effect immediately and shall remain in full 6 force and effect until September 30, [2014] 2017, at which time it shall 7 be deemed repealed. 8 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13968-01-4