New York · 2025 Regular Session · Bill
A 10728: Directs the superintendent of financial services to conduct a study examining the feasibility of 40- and 50-year mortgages in the state of New York
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
A 10728 is a bill introduced in the New York House on March 27, 2026. According to its official title, it concerns: Directs the superintendent of financial services to conduct a study examining the feasibility of 40- and 50-year mortgages in the state of New York. Primary sponsor: Lester Chang (Republican/Conservative). Most recent recorded action (March 27, 2026): REFERRED TO BANKS.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Directs the superintendent of financial services to conduct a study examining the feasibility of 40- and 50-year mortgages in the state of New York; requires such superintendent to submit a report of findings.
Sponsors
Sponsors by party (alphabetical): Republican/Conservative 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Lester Chang | Primary sponsor | Republican/Conservative | House | 49 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO BANKS