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A07075Introduced in the Assembly

Provides that any charges assessed by a credit card company for late payment shall not exceed five percent of the unpaid balance of any bill, including any interest thereon, or twenty dollars, whichever amount is less.

IntroducedAssembly Consumer Affairs and Protection

Introduced by Rodneyse Bichotte Hermelyn, District 42

What does this bill do?

Plain-English breakdown

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Official description

Provides that any charges assessed by a credit card company for late payment shall not exceed five percent of the unpaid balance of any bill, including any interest thereon, or twenty dollars, whichever amount is less.

Where it stands

referred to consumer affairs and protection

January 7, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. referred to consumer affairs and protection

  2. referred to consumer affairs and protection

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