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A06511 Summary:
| BILL NO | A06511 |
| SAME AS | No Same As |
| SPONSOR | Morelle (MS) |
| COSPNSR | Rodriguez, Crespo, Lupardo, Galef, McDonald, Mosley, Hikind, Stirpe, Jaffee, Perry, Jean-Pierre, Sepulveda, Bichotte, Cook, Hooper, Blake |
| MLTSPNSR | Hevesi, Magee, Simon |
| Add Art 8-B §§339-a - 339-h, Bank L | |
| Enacts the "credit creation pilot program act of New York"; directs the superintendent of financial services to create and implement such act; defines terms; provides that a program licensee may not offer or make a program loan or impose any charges or fees without prior approval from the superintendent of financial services to participate in the program; provides for disclosures, statements and receipts, referral partners, permitted services and prohibited activities. | |