New York bills · 2025 Regular Session
New York A 9644
Relates to the interest rate cap on cash advances against wages or salary
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Steven Raga (Democratic)
Cosponsors (13)
- Grace Lee (Democratic)
- William Colton (Democratic)
- Noah Burroughs (Democratic/Working Families)
- Harry B. Bronson (Democratic)
- Yudelka Tapia (Democratic)
- Emily Gallagher (Democratic)
- Larinda Hooks (Democratic/Working Families)
- Maritza Davila (Democratic)
- Amanda Septimo (Democratic/Working Families)
- Diana Moreno (Democratic/Working Families)
- MaryJane Shimsky (Democratic/Working Families)
- Jessica Gonzalez-Rojas (Democratic/Working Families)
- Emerita Torres (Democratic)
Summary
Official abstract published by the New York legislature
Clarifies that all wage and cash advances against salary or future pay are loans subject to the interest rate cap in the general obligations law.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Mar 11, 2026 · House
PRINT NUMBER 9644A - Mar 11, 2026 · House
AMEND (T) AND RECOMMIT TO BANKS - Jan 21, 2026 · House
REFERRED TO BANKS