New York · 2025 Regular Session · Bill

S 9796: Relates to prohibiting pre-payment penalties for mortgages secured by real property owned in a cooperative form of ownership

In committee Last action June 5, 2026: COMMITTED TO RULES

Plain-language summary

S 9796 is a bill introduced in the New York Senate on April 6, 2026. 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: Luis Sepúlveda (Democratic). Most recent recorded action (June 5, 2026): COMMITTED TO RULES.

Sponsors

Primary sponsor: Luis Sepúlveda (Democratic).