Relates to protections for private education loan borrowers and cosigners
Passed both chambers: it can still change before the session ends.
- Stage
- Passed both chambers
- Started in
- Senate
- Latest action
- Jun 2
Where it stands
Introduced (Done)
Committee (Done)
Floor (Current step)
Law (Not started)
What it does
Enacts protections for private education loan borrowers and cosigners; requires certain notifications from creditors and debt collectors; prohibits acceleration; enacts provisions for cosigner release.
What moved
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Who is involved
NY S 5598
- Rachel MayLead sponsor
- Cordell CleareCo-sponsor
- Robert JacksonCo-sponsor
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Work with this bill
Where it goes next
While a bill can still move, the questions are about people and money in New York.
- Who sits in the seats that vote on itA roster is not a certified tally, and a filing is not a place on the ballot.
- Who funds the people decidingA receipt is not backing. A contribution does not establish a policy motive.
- Who is paid to be heardNaming an institution is the filer's account, not a record of any meeting.
- Bills still moving in New YorkNewest first, the ones that can still change