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S. 89392025–2026 SessionIN COMMITTEEDEMOCRAT

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

Introduced Jan 16, 2026Samra Brouk (D-NY)2 cosponsors

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.

Related bills

Legislative Journey

  1. Introduced
  2. Committee
  3. Floor
  4. Passed Chamber 1
  5. Passed Chamber 2
  6. Signed
Jan 16, 2026

REFERRED TO JUDICIARY

Senate