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Prohibits certain financial institutions from charging a fee based on the frequency of payments or for changing the frequency of mortgage payments

Passed both chambers: it can still change before the session ends.

NY A 9588 · A · 2025-2026

Stage
Passed both chambers
Sponsors
+4
Latest action
May 29

What it does

Prohibits certain financial institutions from charging a fee for making monthly, semi-monthly, and biweekly payments or for changing the frequency of mortgage payments.

Read the full text

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed both chambers · May 29

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money in New York.

Work with this bill

Prohibits certain financial institutions from charging a fee based on the frequency of payments or for changing the frequency of mortgage payments | 52