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A 11302

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: May 11, 2026.

Extends the interest rate caps and criminal usury framework to covered services.

Bill ID NY-2025-2026-A-11302
Session 2025-2026
Status in_committee
Committee Judiciary
Assembly in_committee 2026-05-11
Criminal Justice Tax / Budget / Appropriations
Summary

Extends the interest rate caps and criminal usury framework to covered services including but not limited to, retail installment contracts, merchant cash advances, invoice financing, revenue-based financing, or any transaction that in substance functions as the advance of funds in exchange for a future payment or obligation, regardless of the label assigned to such transaction.

Sponsor
Nily Rozic
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-05-11 Introduced Bill introduced
2026-05-11 Status in_committee
2026-05-11 Latest Action In Assembly Committee
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