Relates to requiring new employees to be provided certain information relating to student loan repayment information
S 1673 requires employers in New York to provide new employees with information about student loan repayment options when hiring for entry-level positions requiring an associate's degree or higher, including post-graduate internships. The bill mandates that employers distribute materials developed by state agencies covering federal repayment plans (like income-based options), loan consolidation, and public service forgiveness programs, plus links to the Department of Financial Services' student lending resources. It directly affects new hires in qualifying roles and all employers in the state, including public employers who must additionally detail public service forgiveness programs. The law does not change loan terms but ensures new employees receive clear, accessible guidance on managing student debt. The bill passed the Senate in March 2025 and is now in the Assembly.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2026
Senate Passage
Apr 2026
Assembly Passage
Governor
Introduced Jan 13, 2025
Last action Apr 16, 2026
Floor votes · Senate Mar 20, 2025
How they voted
41–18
Passed · 4 other
Total votes 63
Mar 20, 2025
D
Democratic41
90% Yea
R
Republican22
81% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
16
Key actions
2
Committee
4
Apr 16, 2026
Committee
REFERRED TO BANKS
lower
Apr 16, 2026
Upper · Passed
PASSED SENATE
upper
Jan 7, 2026
Committee
REFERRED TO LABOR
upper
Mar 20, 2025
Committee
REFERRED TO BANKS
lower
Mar 20, 2025
Upper · Passed
PASSED SENATE
upper
Jan 13, 2025
Committee
REFERRED TO LABOR
upper
1 primary · 5 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about S 1673
Scope: NY
Hi! I can help you understand S 1673. 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