A 88

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: January 7, 2026.

Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership.

Bill ID NY-2025-2026-A-88

Session 2025-2026

Status in_committee

Committee Judiciary

Assembly in_committee 2026-01-07

Summary

Prohibits pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership where over fifty percent of the units are shareholder occupied.

Sponsor

Jeffrey Dinowitz

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
2024-12-20	Introduced	Bill introduced
2026-01-07	Status	in_committee
2026-01-07	Latest Action	In Assembly Committee

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