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S05771 Summary:
| BILL NO | S05771 |
| SAME AS | SAME AS A06511 |
| SPONSOR | HAMILTON |
| COSPNSR | |
| MLTSPNSR | |
| 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. | |