Establishes that consumer litigation funding transactions should be subject to state regulation and sets forth requirements regarding disclosure, licensing, funding company and attorney responsibilities and limitations, violations and other provisions.
Sen. Leroy Comrie
Sponsored bills
Provides that an owner of a residential building which has been deemed unsafe because of an arson related fire shall be charged the actual cost of demolition.
Relates to the definition of office and the content of notices published in newspapers.
Requires the terms and conditions of any individual life insurance policy loan to be in writing, be signed by the insured and the agent and contain a signed statement that the agent has explained the terms to the policyholder.
Relates to capital program plans; provides that the MTA shall submit to the MTA capital program review board two capital program plans on or before January 31, 2028 and every fifth year thereafter; provides that all future capital program plans be submitted January 31 of the required years.
Establishes the chief administrator of the courts shall submit annually a report on the administration, function and effectiveness of the Drug Treatment Court Program during the preceding year.
Relates to the number of affidavit ballots to be supplied at polling sites.
Prohibits foreign banking corporations from issuing payday loans; defines payday loans as any transaction in which a short-term cash advance is made to a consumer in exchange for: a consumer's personal check or share draft, in the amount of an advance plus a fee, where presentment or negotiation of such check or share draft is deferred by agreement of the parties until a designated future date; or a consumer's authorization to debit the consumer's transaction account, in the amount of the advance plus a fee, where such account will be debited on or after a designated future date.
Relates to protecting the rights of current and converted Mitchell-Lama residents.
Increases the frequency that visitation or inspections of facilities operated or licensed by the office for people with developmental disabilities must be made each year.