2025-2026 Regular Session • New York Legislature
S04606
Legislative Summary
Provides for the regulation of buy-now-pay-later lenders; requires such lenders to be licensed; establishes prohibited acts, limitations on loans, and consumer protections.
Demographic Impact
Overall analysis of equity impact
Neutral
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Bill History
2/10/2025
REFERRED TO BANKS
Senate
Status Information
Current Status
Introduced(2/10/2025)
Chamber
Senate
Committee
Banks(Senate)
Sponsors
Democrat: 1
Primary Sponsor
James Sanders
Democrat