Establishes a working group to create a pilot program for an alternative system to a credit score
Summary
Establishes a working group to create a pilot program for an alternative system to a credit score for unbanked persons, undocumented immigrants and any other individuals who would benefit from such alternative system.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2025
Last action Apr 30, 2026
Maddy AI version diff · 1 comparison
What changed between versions
A2692
→
A2692A
·
4 edits
MODERATE
The bill was amended to restructure the working group's duties and reporting timeline. The group's role was expanded from merely reviewing models to actively analyzing them, and a requirement was added for the group to meet at least once per month. Additionally, the deadline for submitting the final report was extended from 270 days to one year to allow more time for planning.
REQUIREMENT
Changed the working group's mandate from looking at existing models to actively analyzing them.
Added a new requirement for the working group to convene no less than once per month.
TIMELINE
Extended the deadline for the final report from 270 days to one year and removed the specific instruction to create a pilot program within that timeframe, replacing it with a recommendation for a feasible implementation timeline.
TECHNICAL
Updated the bill title to indicate it is the 'A' version and adjusted the committee status to reflect that the bill was discharged, amended, and recommitted.
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
2
Committee
2
Amendments
2
Apr 30, 2026
Lower · Passed
PRINT NUMBER 2692A
lower
Apr 30, 2026
Lower · Passed
AMEND AND RECOMMIT TO BANKS
lower
Jan 7, 2026
Committee
REFERRED TO BANKS
lower
Jan 22, 2025
Committee
REFERRED TO BANKS
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Phara Souffrant Forrest
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about A 2692
Scope: NY
Hi! I can help you understand A 2692. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline