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S 8939

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: January 16, 2026.

Relates to the interest rate cap on cash advances against wages or salary.

Bill ID NY-2025-2026-S-8939
Session 2025-2026
Status in_committee
Committee Judiciary
Senate in_committee 2026-01-16
Summary

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.

Sponsor
Samra Brouk
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-16 Introduced Bill introduced
2026-01-16 Status in_committee
2026-01-16 Latest Action In Senate Committee
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