New York · 2025 Regular Session · Bill

S 1323: Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership

In committee Last action June 13, 2025: COMMITTED TO RULES

Plain-language summary

S 1323 is a bill introduced in the New York Senate on January 9, 2025. According to its official title, it concerns: Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership. Primary sponsor: Brad Hoylman-Sigal. Most recent recorded action (June 13, 2025): COMMITTED TO RULES.

Sponsors

Primary sponsor: Brad Hoylman-Sigal.