S6114 (2025-26 session)
NY State bill
Enacts the "Home Equity Fraud Act" to control improper activities by home improvement contractors and finance companies; prohibits mortgage brokers or agents from acting as home improvement contractors; provides additional protections for mortgagors and homeowners.
- Title
- Enacts the Home Equity Fraud Act to control improper activities by home improvement contractors and finance companies
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-01-07
- In committee
- Banks
- Introduced
- 2025-03-05
- Same as
- A5014
- Law section
- Banking Law
Sponsors
- Kevin S. Parker State Senator, District 21
Heard in committee
- Banks NY State Senate committee
Same as
- A5014 (2025-26 session) NY State bill