2025-2026 Regular SessionNew York Legislature

A07545

Legislative Summary

Prohibits the entry of a judgment by confession on amounts due from one or more individuals for personal, family, household, consumer or non-business purposes and on a debt incurred if the principal amount of such debt was less than $5,000,000.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

4/1/2025
referred to judiciary
Assembly

Status Information

Current Status
Introduced(4/1/2025)
Chamber
Assembly
Committee
Judiciary(Assembly)

Sponsors

Democrat: 1

Primary Sponsor

Charles Lavine
Charles Lavine
Democrat

Documents

Introduced
Bill Text4/1/20253.7 KB