A 10118 New York Assembly · 2019 Regular Session

Requires certain providers that extend specific terms of commercial financing to a recipient to disclose certain information about the offer to the recipient

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2020
Committee Review
Floor Vote
Governor
Introduced Mar 12, 2020 Last action Jul 23, 2020
Floor votes

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Full legislative history

Actions timeline

Total actions
9
Key actions
0
Committee
4
Amendments
1
Jul 17, 2020
Assembly · Referred to committee
REPORTED REFERRED TO RULES
Jul 13, 2020
Assembly · Referred to committee
REPORTED REFERRED TO CODES
Jul 10, 2020
Assembly · Amendment adopted
PRINT NUMBER 10118A
Jul 10, 2020
Assembly · Referred to committee
AMEND AND RECOMMIT TO BANKS
Mar 12, 2020
Assembly · Referred to committee
REFERRED TO BANKS
0 primary · 0 co-sponsors

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