Votes: NY S05470 | 2019-2020 | General Assembly

Bill Title: Requires certain providers that extend specific terms of commercial financing to a recipient to disclose certain information about the offer to the recipient, including information concerning the financing amount, finance charges, the annual percentage rate, the total repayment amount, the term, payment amounts, other potential fees, any prepayment costs and a description of any collateral requirements.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Passed) 2020-12-23 - APPROVAL MEMO.65 [S05470 Detail]

Text: Latest bill text (Amended) [HTML]

Voting Records

SenateSenate Floor Vote - Final Passage2020-07-2343170060PassedLinkView
AssemblyAssembly Floor Vote - Final Passage2020-07-231251604145PassedLinkView
SenateSenate Rules Committee Vote2020-07-221540019PassedLinkView
SenateSenate Banks Committee Vote2020-07-21920011PassedLinkView

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