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A09644Introduced in the Assembly

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.

IntroducedAssembly Banks

Introduced by Steven Raga, District 30

What does this bill do?

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Official description

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.

Where it stands

print number 9644a

March 11, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

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Bill history

  1. referred to banks

  2. amend (t) and recommit to banks

  3. print number 9644a

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