New York bills · 2025 Regular Session
New York S 8939
Relates to the interest rate cap on cash advances against wages or salary
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Samra Brouk (Democratic/Working Families)
Cosponsors (6)
- Jabari Brisport (Democratic/Working Families)
- Cordell Cleare (Democratic)
- Kristen Gonzalez (Democratic/Working Families)
- Liz Krueger (Democratic/Working Families)
- Shelley Mayer (Democratic/Working Families)
- Zellnor Myrie (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
- Jan 16, 2026 · Senate
REFERRED TO JUDICIARY