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S 7184 New York Senate · 2019 Regular Session

Relates to regulation of reverse mortgage loans issued under the federal home equity conversion mortgage for seniors program

Summary
Prohibits the use of the words "government insured" or other similar language in a manner that falsely represents that reverse mortgage loans are insured, supported and sponsored by any governmental entity in any commercial, mailing, advertisement or writing relating thereto.
Bill status passed 3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Jan 2020
Senate Passage
Jan 2020
Assembly Passage
Governor
Introduced Jan 10, 2020 Last action Jan 22, 2020
Floor votes · Senate Jan 22, 2020

How they voted

48–2
Passed · 1 other
Total votes 51
Jan 22, 2020
D Democratic34
33 Yea 1
97% Yea
R Republican17
15 Yea 2 Nay
88% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
5
Key actions
1
Committee
2
Jan 22, 2020
Committee
REFERRED TO JUDICIARY
lower
Jan 22, 2020
Upper · Passed
PASSED SENATE
upper
Jan 10, 2020
Committee
REFERRED TO RULES
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.