S5222 (2023-24 session)
NY State bill
Provides that any charges assessed by a credit card company for late payment shall not exceed five percent of the unpaid balance of any bill, including any interest thereon, or twenty dollars, whichever amount is less.
- Title
- Provides that any charges assessed by a credit card company for late payment shall not exceed five percent of the unpaid balance of any bill or twenty dollars
- Type
- New York State Senate bill
- Session
- 2023-24 session
- Status
- In Senate Committee
- Latest action date
- 2024-01-03
- In committee
- Consumer Protection
- Introduced
- 2023-02-27
- Same as
- A4590
- Law section
- General Business Law
Sponsors
- Kevin S. Parker State Senator, District 21
Heard in committee
- Consumer Protection NY State Senate committee
Same as
- A4590 (2023-24 session) NY State bill