New York Assembly bill in Session 2025-2026.
Status: in_committee. Latest action: March 11, 2026.
Relates to the interest rate cap on cash advances against wages or salary.
Clarifies that all wage and cash advances against salary or future pay are loans subject to the interest rate cap in the general obligations law.
| Date | Event | Detail |
|---|---|---|
| 2026-01-21 | Introduced | Bill introduced |
| 2026-03-11 | Status | in_committee |
| 2026-03-11 | Latest Action | In Assembly Committee |