A 11004 New York Assembly · 2025 Regular Session

Extends certain provisions relating to installment loans and obligations evidencing installment loans

This bill extends the expiration date for specific rules governing installment loans and related financial obligations from September 30, 2026, to September 30, 2029. The legislation directly impacts lenders, borrowers, and local governments by keeping existing regulations in place for an additional three years. Its primary mechanism is a simple amendment to current state law that updates the effective period without changing the underlying requirements for these loans. Once the new deadline passes, the extended provisions will automatically end unless further action is taken.
Bill status signed all 5 stages cleared
Introduction
Apr 2026
Committee Review
May 2026
Assembly Passage
May 2026
Senate Passage
Jun 2026
Signed into Law
Aug 2026
Introduced Apr 16, 2026 Signed Aug 28, 2026
Floor votes · Senate Jun 4, 2026 · Assembly May 4, 2026

How they voted

600
Passed · 3 other
Total votes 63
Jun 4, 2026
D Democratic41
38 Yea 3
92% Yea
R Republican22
22 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
13
Key actions
3
Committee
3
Aug 28, 2026
Signed into law
SIGNED CHAP.273
lower
Jun 4, 2026
Upper · Passed
PASSED SENATE
upper
May 4, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
May 4, 2026
Lower · Passed
PASSED ASSEMBLY
lower
Apr 21, 2026
Committee
REPORTED REFERRED TO WAYS AND MEANS
lower
Apr 16, 2026
Committee
REFERRED TO LOCAL GOVERNMENTS
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Michaelle Solages
Michaelle Solages
DDemocratic
NY
22