S 5598

New York Senate bill in Session 2025-2026.

Status: passed_lower. Latest action: June 2, 2026.

Relates to protections for private education loan borrowers and cosigners.

Bill ID NY-2025-2026-S-5598
Session 2025-2026
Status passed_lower
Committee Ways And Means
Senate passed_lower 2026-06-02
Summary

Enacts protections for private education loan borrowers and cosigners; requires certain notifications from creditors and debt collectors; prohibits acceleration; enacts provisions for cosigner release.

Sponsor
Rachel May
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-25 Introduced Bill introduced
2026-06-02 Status passed_lower
2026-06-02 Latest Action Passed Assembly
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