New YorkRelates to the interest rate cap on cash advances against wages or salary
What it does
Clarifies that all wage and cash advances against salary or future pay are loans subject to the interest rate cap in the general obligations law.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 11PRINT NUMBER 9644ALatest
- Mar 11AMEND (T) AND RECOMMIT TO BANKSMajor
- Jan 21REFERRED TO BANKSIntroduced