A7075 (2025-26 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 Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-01-07
- In committee
- Consumer Affairs And Protection
- Introduced
- 2025-03-20
- Same as
- S4022
- Law section
- General Business Law
Sponsors
- Rodneyse Bichotte Hermelyn Assembly Member, District 42
Co-sponsors
- Edward Gibbs Assembly Member, District 68
- Ron Kim Assembly Member, District 40
Heard in committee
- Consumer Affairs and Protection NY State Assembly committee
Same as
- S4022 (2025-26 session) NY State bill