2025-2026 Regular SessionNew York Legislature

A03038

Legislative Summary

Prohibits creditors from enforcing a consumer debt incurred as a result of fraud, duress, intimidation, threat, force, identity theft, exploitation of the debtor's personal information or similar economic abuse perpetrated against a debtor; establishes a right of action by the debtor for relief against creditors for violations; makes related provisions.

Demographic Impact

Overall analysis of equity impact

80% Positive
High ConfidenceView detailed demographic breakdown ↓

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Bill History

1/23/2025
referred to consumer affairs and protection
Assembly
3/13/2025
amend and recommit to consumer affairs and protection
Assembly
3/13/2025
print number 3038a
Assembly
3/25/2025
reported referred to codes
Assembly
5/21/2025
amend and recommit to codes
Assembly
5/21/2025
print number 3038b
Assembly
5/28/2025
reported referred to rules
Assembly
5/29/2025
reported
Assembly
5/29/2025
rules report cal.305
Assembly
5/29/2025
ordered to third reading rules cal.305
Assembly

Roll Call Votes

Assembly Rules Committee: Favorable
5/29/2025
18
Yea
9
Nay
0
Not Voting
4
Absent
Result: PASSED
Assembly Codes Committee: Favorable refer to committee Rules
5/28/2025
15
Yea
6
Nay
0
Not Voting
1
Absent
Result: PASSED
Assembly Consumer Affairs And Protection Committee: Favorable refer to committee Codes
3/25/2025
10
Yea
5
Nay
0
Not Voting
1
Absent
Result: PASSED