NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A3647
TITLE OF BILL:
An act to establish a task force to investigate the position of city
marshal in the city of New York
PURPOSE OR GENERAL IDEA OF BILL:
To establish a task force to examine the claims that predatory lenders
are using city marshals to defraud creditor clients, the effectiveness
of the appointment proce ss of city marshals, and the feasibility of
abolishing the city marshal.
SUMMARY OF PROVISIONS:
Section 1: Establishes a task force to investigate the position of the
Section 2: Details the composition of the task force.
Section 3: Provides an immediate effective date.
DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION (IF APPLICABLE):
There have been reports of City Marshals earning huge fees for acting as
virtual collection agents for predatory lenders, using the public powers
of their office to benefit those who are unfairly targeting small busi-
nesses for shady loan practices. This requires a full investigation by
the State, and a review of the purpose and legal oversight of these
PRIOR LEGISLATIVE HISTORY:
No prior legislative history.
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
To be determined.
This act will take place immediately.