A10912 (2025-26 session)
NY State bill
Requires interest rates for debts be set to no more than one percentage point greater than the consumer price index for urban wage earners and clerical workers per annum; removes collection fees outside of certain debts owed.
- Title
- Requires interest rates for debts be set to no more than one percentage point greater than the consumer price index for urban wage earners and clerical workers per annum
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-04-08
- In committee
- Ways And Means
- Introduced
- 2026-04-08
- Law section
- State Finance Law
Sponsors
- Jenifer Rajkumar Assembly Member, District 38
Heard in committee
- Ways and Means NY State Assembly committee