New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Directs the department of financial services to periodically inspect residential real properties for which a lender has a duty to maintain.
Directs the department of financial services to periodically inspect residential real properties for which a lender has a duty to maintain; authorizes the department of financial services or the municipality to impose a $500 a day civil penalty for the failure of a lender to maintain an abandoned property that it has a duty to maintain; requires such lenders to register with the statewide vacant and abandoned property electronic registry.
| Date | Event | Detail |
|---|---|---|
| 2025-08-13 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Assembly Committee |