New York Senate bill in Session 2025-2026.
Status: in_committee. Latest action: June 5, 2026.
Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership.
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.
| Date | Event | Detail |
|---|---|---|
| 2026-04-06 | Introduced | Bill introduced |
| 2026-06-05 | Status | in_committee |
| 2026-06-05 | Latest Action | In Senate Committee |