Relates to authorizing commercial mortgage forbearance during the COVID-19 pandemic
Summary
Relates to authorizing commercial mortgage forbearance during the COVID-19 pandemic; requires New York regulated institutions to make applications for forbearance available to qualified commercial mortgagors and to grant such forbearance for a period of ninety days, subject to the safety and soundness requirements of the regulated institution.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
Governor
Introduced Mar 9, 2021
Last action Jan 5, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO BANKS
lower
Mar 9, 2021
Committee
REFERRED TO BANKS
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Kimberly Jean-Pierre
DDemocratic
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