S 10390 NY
Requires covered lenders to report to the department of financial services certain information on covered loans
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Summary
This bill requires covered lenders to report certain information on covered loans to the New York Department of Financial Services. The bill directs the Superintendent of Financial Services to collect and maintain the reported data and to annually publish a report containing aggregated information regarding covered loans. The bill also requires the Superintendent to promulgate rules and regulations to implement these reporting and data collection provisions.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
Requires covered lenders to report to the department of financial services certain information on covered loans; requires the superintendent of financial services to collect and maintain such data and to annually publish a report containing aggregated information regarding covered loans; requires the superintendent of financial services to promulgate rules and regulations to implement such provisions.
Sponsor (1)
- James Sanders Jr. Democratic · primary
Action history (3)
- May 15, 2026 REFERRED TO BANKS · upper
- May 28, 2026 AMEND AND RECOMMIT TO BANKS · upper
- May 28, 2026 PRINT NUMBER 10390A · upper
Full text
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