A 4922 New York Assembly · 2025 Regular Session

Relates to protections for private education loan borrowers and cosigners

Summary
Enacts protections for private education loan borrowers and cosigners; requires certain notifications from creditors and debt collectors; prohibits acceleration; enacts provisions for cosigner release.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2025 Last action Jun 2, 2026
Maddy AI version diff · 3 comparisons

What changed between versions

A4922B A4922C · 4 edits
MODERATE
The bill was amended to add new sponsors and include additional committee reporting steps, indicating further legislative review. The definitions section was updated to simplify terminology by adding 'or loan' and 'or lender' to specific terms, making the bill easier to read without changing its legal meaning.
Scope change
The bill's scope and applicability remain unchanged; the amendments are primarily procedural and stylistic.
TECHNICAL

New sponsors (Shimsky, Hevesi) were added to the list of bill authors.

Committee reporting history was expanded to include an additional step of being 'again reported from said committee with amendments'.

DEFINITION

The definition of 'Private education loan' was updated to include the alternative term 'loan' for clarity.

The definition of 'Private education lender' was updated to include the alternative term 'lender' for clarity.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
15
Key actions
6
Committee
5
Amendments
6
Jun 2, 2026
Committee
REPORTED REFERRED TO RULES
lower
Jun 1, 2026
Committee
REFERENCE CHANGED TO WAYS AND MEANS
lower
May 26, 2026
Lower · Passed
PRINT NUMBER 4922C
lower
May 26, 2026
Lower · Passed
AMEND AND RECOMMIT TO CODES
lower
Jan 23, 2026
Lower · Passed
PRINT NUMBER 4922B
lower
Jan 23, 2026
Lower · Passed
AMEND AND RECOMMIT TO CODES
lower
Jan 7, 2026
Committee
REFERRED TO CODES
lower
Apr 28, 2025
Committee
REPORTED REFERRED TO CODES
lower
Apr 22, 2025
Lower · Passed
PRINT NUMBER 4922A
lower
Apr 22, 2025
Lower · Passed
AMEND AND RECOMMIT TO CONSUMER AFFAIRS AND PROTECTION
lower
Feb 10, 2025
Committee
REFERRED TO CONSUMER AFFAIRS AND PROTECTION
lower
1 primary · 8 co-sponsors

Sponsors