2025-2026 Regular Session • New York Legislature
S05790
Legislative Summary
Establishes the "New York student loan assistance and home purchase act" for the purposes of facilitating the purchase of homes by individuals who are burdened by student debt, by providing financing opportunities for the consolidation of student debt into a mortgage.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
3/3/2025
REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Senate
5/13/2025
REPORTED AND COMMITTED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Senate
Roll Call Votes
Senate Corporations, Authorities And Commissions Committee Vote
5/13/2025
6
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(3/3/2025)
Chamber
Senate
Committee
Housing, Construction, and Community Development(Senate)
Sponsors
Democrat: 1
Primary Sponsor
Luis Sepulveda
Democrat