A9644 (2025-26 session)
NY State bill
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.
- Title
- Relates to the interest rate cap on cash advances against wages or salary
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-03-11
- In committee
- Banks
- Introduced
- 2026-01-21
- Active version
- A9644A
- Same as
- S8939
- Law section
- General Obligations Law
Sponsors
- Steven Raga Assembly Member, District 30
Co-sponsors
- Amanda Septimo Assembly Member, District 84
- Diana C. Moreno Assembly Member, District 36
- Emily Gallagher Assembly Member, District 50
- Grace Lee Assembly Member, District 65
Heard in committee
- Banks NY State Assembly committee
Same as
- S8939 (2025-26 session) NY State bill